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Another COVID-19 ‘stimulus’ bill without rhyme or reason
The New York Post ^ | July 24, 2020 | Editorial Board

Posted on 07/26/2020 10:00:39 PM PDT by TBP

Congress is getting set to OK another trillion or three in spending sort of related to the pandemic, with not a lot more rhyme or reason than in prior rounds.

These are routinely called “stimulus” bills, even though much of the spending is more like “life support” for an economy dramatically slowed by lockdowns and deep uncertainty about even the near future. That includes cash for Americans thrown out of work — which is relief money. The Paycheck Protection Program, meanwhile, bribes businesses to keep on employees they’d otherwise lay off — in hopes those companies and workers will be able to move back to business as usual . . . soon?

In that light, it’s just as well that payroll tax cuts are off the table: People getting paychecks don’t need help and wouldn’t do anything entrepreneurial with any windfall.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Government; Miscellaneous
KEYWORDS: chinavirusstimulus; covid19; cuttaxes; reopen; stimulus
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To: TBP
So we should just throw money around because it’s an election year?

They always do so why the surprise?

21 posted on 07/27/2020 8:54:02 AM PDT by DoodleDawg
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To: TBP

Yes, force the States to reopen!


22 posted on 07/27/2020 9:51:36 AM PDT by fortheDeclaration
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To: gunsequalfreedom
Thank you grandchildren and great grandchildren for all this money!

Oh boy free money, bring to on I will be long gone before the bill becomes due. So will the politicians that dream up these scams. We get a little they get a lot.

23 posted on 07/27/2020 10:41:07 AM PDT by itsahoot (Welcome to the New USA where Islam is a religion of peace and Christianity is a mental disorder.)
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