This will cause a panic among the republicans running this year, giving money away to desperate people is always a popular move. It's simple shit and Donald doesn't get it, he took ownership of the problem, just like with the Gov shutdown, he learned nothing. The republicans are gonna shit enough bricks to build Donald's wall, from sea to sea.
Vote for me or starve ya losers!
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The president’s approval rating on the economy remained his bright spot. But he darkened that outlook by shutting the door on a comprehensive economic aid package just as millions of Americans start voting.
www.politico.com
‘Trump just kicked over the chess board’: GOP faces an election with more pain
The president’s approval rating on the economy remained his bright spot. But he darkened that outlook by shutting the door on a comprehensive economic aid package just as millions of Americans start voting.
President Donald Trump may have tweeted away one of his best chances to prop up a struggling economy, deliver a boost to jittery markets and improve his own standing with wavering voters less than a month from Election Day.
In announcing on Twitter that he was killing ongoing Covid-19 stimulus talks between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin, Trump stunned investors and reduced the chances of bolstering an economic recovery that is clearly losing momentum in the final stretch of the 2020 race.
It was a puzzling power move even to many of Trump’s allies, who thought the president could push Pelosi to deliver an economic boost just before the election — or least let her take the blame for not cutting a deal at a critical moment.
Now, millions of struggling voters — including in key swing states — will probably not see any more enhanced unemployment benefits or direct stimulus checks before the election. Layoffs, especially in the airline industry, could continue to mount. And some of the remaining 40 percent of small businesses that initially closed during Covid-19 lockdowns but managed to hang on could shut for good.
“Trump wants stimulus and it’s more in his political interests than anyone else, particularly given where the race stands at the moment,” said Jeremy Lawson, chief economist at Aberdeen Standard Investments. “And another $2 trillion or so would clearly have had a significant impact. The failure to extend stimulus is clearly playing a role in the reduced speed of the recovery the last couple of months.”
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