Trump’s main goal is to be re-elected, he needs the con to continue. His grift requires getting past a pandemic that will not abide a timetable built on the lies and inaction of incompetence. His magical thinking now hovers around 15 days when everything gets better, it won’t.
Monday will have a light at the end of the tunnel even as Trump has tried to blow it out, as Joe Biden will have his own daily brief today currently scheduled for 1130 am ET.
Trump has not used the DPA because it somehow means a “socialism” that was invoked in 1950 because it resembled the same national planning that got the US though WWII. He’s running against “socialism” except it’s the wrong one. Trump is against US WWII-style socialism because be represents the flight-to-the-bunker Axis socialism run by psychopaths. Like the GOP, it’s about the 1% because they need massive slush funds to maintain profits.
Trump suppressed COVID-19 testing and its data no different than a GOP that always tends to suppressing votes and voting registration data. He now cannot answer questions about masks and ventilators because uncertainty is his only tool with his lack of leadership. All he can do is gaslight even if he can’t find matches, and shift blame because he never takes responsibility.
There is supposed to be a Biden briefing late Monday morning to counter the idiocy of the Trump “whining about his being rich” session a.k.a. the WH daily Covid-19 brief.
As President Donald Trump dominates the daytime airwaves with marathon daily press briefings about the coronavirus, Joe Biden says that he will be countering that with a “presentation” via a makeshift studio from his home starting on Monday.
“They put a new high-speed line in my home. They’ve converted a recreation room, basically, into a television studio,” Biden told a donor at a “virtual” fundraiser on Sunday. “I guess tomorrow, I’m making the first presentation at 11:30 AM thereabouts Eastern standard time. And I am going to speak to these issues.”
deadline.com/...
Joe Biden to Trump: "Hospitals, mayors, and governors are forced to fend for themselves to secure the gear and equipment they need ... Mr. President, stop lying and start acting. Use the full extent of your authorities, now, to ensure that we are producing all essential goods."
If the sides do not reach a pact by the early afternoon, a series of votes will unfold that are like to be a replay of Sunday’s blocked path, except this time the U.S. financial markets will be open and trading.
The bill would seek to flood the economy with money in an effort to protect millions of jobs and businesses that now appear to be on the brink. It would direct payments of $1,200 to most American adults and $500 to children. It would steer $350 billion towards small businesses to stem the tide of layoffs, and push billions more towards hospitals and the unemployment insurance system. And it would create a massive, $500 billion program for businesses, states, and localities, with the direction and velocity of this loan program left mostly to the Treasury Department’s discretion. Few aspects of the legislation had any precedent to draw from in terms of their scale and speed.
Indeed, the sheer magnitude of the potential calamity kept lawmakers at the bargaining table as negotiators on both sides said they must deliver to slow the financial landslide that is disrupting millions of businesses and households by the day.
[...]
A major sticking point is a $500 billion pool of money for loans and loan guarantees that Republicans want to create, which some Democrats are labeling a “slush fund” because the Treasury Department would have broad discretion over who receives the money. There is little precedent for a program with a similar size and scope.
[...]
The economic conditions appear to be dramatically worse than first predicted. Federal Reserve Bank of St. Louis President James Bullard told Bloomberg News in an interview Sunday that the unemployment rate could hit 30 percent between April and June because of mass layoffs, which would be worse than what occurred during the Great Depression.
www.washingtonpost.com/...
https://t.co/C2Dr613RFi