Posted on 06/23/2020 3:56:02 PM PDT by Nero Germanicus
President Trump spoke with Joe St. George, National Political Editor & Washington Correspondent for Scripps, and he talked about the prospects of another stimulus package.
Here is a transcript of the conversation... Joe St. George: I have a lot of viewers in Florida, Ohio, Wisconsin, Michigan, who are still struggling economically, sir. They spent all of that first stimulus check, are you going to get them a second stimulus check?
President Trump: Yeah, we are. We are. Look we had this—
Joe St. George: When? When are you going to get it?
President Trump: We had this going better than anybody’s ever seen before. We had the best job numbers, the best economics, the best economy we’ve ever had, and then we had the virus come in from China. Now we’re rebuilding it again. We will be doing another stimulus package. It’ll be very good, it’ll be very generous, and people— Joe St. George: How much? People want to know.
President Trump: You’ll find out about it. You’ll find out.
Joe St. George: When are you going to do it? When are you going to announce it?
President Trump: I think over the next, I think it’s going to be bi-partisan, I think it’s going to be over the couple of weeks, probably.
(Excerpt) Read more at forbes.com ...
Of course they are. And you and I aren’t alone. But our “public servants” (pirates and thieves) will come out okay ... and in the end isn’t that what really matters to them?
George Soros makes billions off these situations. Why is he still breathing, anyway?
Some friends got a SECOND stimulus check deposited in their banks -— 3 adults and two children. They assumed it was legit, and spent the money, then the government DEDUCTED all of it from their accounts, and they’re in the hole, plus having hundreds of dollars worth of overdraft and other charges. They’re in a world of hurt. (Disabled veteran with wife also disabled, and married daughter with husband in the service as newer recruit, making very little). The bank said it happened to several of their customers.
Badgers?
Badgers?
We don’t need no stinking badgers!
Unfortunately, the debt numbers show that’s pretty much correct.
I’m sorry to say.
[I wonder what a dollar can buy in another year? Will it become the new penny?]
During the Great Tribulation, a loaf of bread (basically) for a penny.
Penny (back then) = A day’s wage.
KJV says “measure of wheat, measure of barley” if memory serves.
The economic tsunami has not hit yet.
This is: (1.) a big Trump FU to the dems and the proper republican nannies who carry their water and shovel their crap off the street,(2.) a stake through the heart of the Biden or his replacement’s campaign, and (3.) a shot across the bow of the deep state, which is starting to understand that their slice of the budget might finally end up on the block.
It’s always gone like this: democrats spend to buy jobs for cronies, campaign contributions and public favor. Then the hangover comes and then the dour republicans are elected to clean up. Trump was supposed to do the republican thing—go about standing for principle, grimly lecturing us on fiscal responsibility, and taking away the goodies for our own good.
He’s beating the dems at their game. That game isn’t “pass the buck,” it’s “hot potato.” They’ll have to clean up their own mess now, and they won’t have many options considering an electorate used to keeping some of their money.They weren’t expecting this when they set up the Kung-Flu crises to crash the economy.
How did Reagan defeat the Soviet Union? He outspent them and drove them into financial crises. Trump’s successor—who we can assume will be a dem, for once will be holding the bag.
The difference is taxpayer are getting the money; they’re spending some and investing some.
Which came first, the chicken or the egg? Answer: happy chickens => lots more eggs.
My only “income” is Social Security. The cost of just getting by over the past 3-4 months has increased dramatically
Anyone who thinks Trump is conservative is delusional. He’s big government and that is clear. He’s loving this. His 2021 budget deficit-PRE-Covid-has a $1.3 Trillion deficit. That was HIS deficit-before Congress got ahold of it. No telling what he would have signed pre-Covid after they added their pork. He didn’t scream at all when the Fed started increasing their balance sheet back in September of 2019-which BTW was the only reason the market went up. It was unchanged (S&P) from early 2018 (went up and down and up-but was at the same level-look it up). He has no problem with debt. He’s not a classic conservative-and the fact that people here still believe that is sad.
Don’t disagree, but at this time, holding out for a fiscal conservative is a luxury we do not have.
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