No stimulus for you!
President Trump returned from the hospital yesterday and decided to cancel the stimulus negotiations despite the constant cries from the Fed that the Government NEEDS to do something to get the economy back on track. Trump doesn't want to add to his deficit total, which will be about $4,000,000,000,000 this year, and his score is, of course, far more important than helping the people who elected him, right?
Trump did say he wants the Fed to cut rates a full point (to -0.75%?) and double down on QE as those are off the books measures that would work out very well for a Real Estate Tycoon who's about to be kicked back into the private sector.
After getting blowback all night on stopping the stimulus talks, Trump tweeted at 10pm that he would sign a bill for stimulus checks and another tweet that Congress should approve $25Bn for Airlines and $135Bn for a Paycheck Protection program so, of course, after cancelling the negotiations to provide stimulus he can now claim he is trying to get more stimulus. When do we get to vote him out? Twitter responded:
He's clearly spooked about Tuesday's stock market crash and sees that the Dow futures look ugly too, so naturally he's doing an about face and panic tweeting late into the night.
WHAT???? Bail out BIG BUSINESSES while AMERICANS ARE LOSING THEIR HOMES AND STANDING IN FOOD LINES!!!! BTW, that bs before, that you claimed was for small business was absolute bs! Larger businesses got it!!!
Airline payroll? Why not the 30 plus unemployed Americans who have been waiting on a real bill to pass since July? WTF Donald! Why Airlines first? Oh never