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President Trump: Next Stimulus Bill Will Be ‘Very Generous’ And Announced In A ‘Couple Of Weeks’
Forbes ^ | 6/23/20 | Jim Wang

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 ...


TOPICS: Business/Economy; Government; News/Current Events
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To: arthurus

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?


61 posted on 06/23/2020 6:43:27 PM PDT by Rurudyne (Standup Philosopher)
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To: Rurudyne

George Soros makes billions off these situations. Why is he still breathing, anyway?


62 posted on 06/23/2020 7:04:38 PM PDT by arthurus (ZXZ-|_)
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To: Cobra64

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.


63 posted on 06/23/2020 7:13:22 PM PDT by Flaming Conservative ((Pray without ceasing))
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To: dfwgator

Badgers?

Badgers?

We don’t need no stinking badgers!


64 posted on 06/23/2020 7:21:34 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: CodeToad

Unfortunately, the debt numbers show that’s pretty much correct.

I’m sorry to say.


65 posted on 06/23/2020 7:22:46 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: arthurus; SkyPilot; Roman_War_Criminal; null and void; metmom

[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.


66 posted on 06/23/2020 7:24:56 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: unclebankster

The economic tsunami has not hit yet.


67 posted on 06/23/2020 7:36:35 PM PDT by isthisnickcool (1218 - NEVER FORGET!)
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To: Nero Germanicus

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.


68 posted on 06/23/2020 8:14:45 PM PDT by tsomer (If you ever doubt Trump, just look at his enemies.)
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To: savedbygrace

My only “income” is Social Security. The cost of just getting by over the past 3-4 months has increased dramatically


That’s just it -— for those on fixed incomes, or who are trying to raise families, prices have skyrocketed! Just buying toilet paper is a major investment. EVERYTHING costs more, except maybe gasoline.


69 posted on 06/23/2020 8:24:56 PM PDT by Flaming Conservative ((Pray without ceasing))
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To: momincombatboots

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.


70 posted on 06/24/2020 10:12:36 AM PDT by NELSON111 (Congress: The Ralph Wolf and Sam Sheepdog show. Theater for sheep. My politics determines my "hero")
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To: NELSON111

Don’t disagree, but at this time, holding out for a fiscal conservative is a luxury we do not have.


71 posted on 06/24/2020 10:13:32 AM PDT by dfwgator (Endut! Hoch Hech!)
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