The COVID-19 economy
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Good statistical analysis of the economy during the pandemic discussed on The Daily today.
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Mitch McConnell continuing to do Mitch McConnell things…
https://twitter.com/repkatieporter/status/1336484551783194624?s=21
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Of course he then put a bill on the floor without the liability shield and with a bunch of stuff that had already gained wide, bipartisan support and Senate D’s filibustered it.
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@FarmerJayhawk Yeah but his idea gets rid of state and local relief which ALREADY has wide bipartisan support in exchange for getting rid of his liability shield which is purely Republican supported. Not exactly how compromise works…
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@benshawks08 said in The COVID-19 economy:
@FarmerJayhawk Yeah but his idea gets rid of state and local relief which ALREADY has wide bipartisan support in exchange for getting rid of his liability shield which is purely Republican supported. Not exactly how compromise works…
Not sure I buy the premise. Seems to be pretty tepid support for state and local funding from a lot of R’s. There is wide support for aid to schools to keep open, though and has received nearly unanimous GOP support.
Like pulling teeth to get Schumer to say yes to anything. Makes me wonder if, like Pelosi, his position is contingent on the outcome of the Georgia races.
Regardless, the final package will look similar to a lot of proposals floating around: liability shield, refueled PPP, expanded UI, aid to state and locals, additional funding for the health sector and schools, mayyybe another round of (likely smaller) checks. The rest is just posturing. McConnell won’t get his “skinny” bill and Pelosi won’t get her $3 trillion monstrosity. They’ll land around $1 trillion and we’ll all just keep rolling.
