Pig wearing lipstick spins porkulus

[The Anonymous]

[The Anonymous]

Some time next week, the DEMOCRAT-dominated Senate will try to get around a ruling from the Senate parliamentarian, Elizabeth MacDonough, that says $15 minimum wage hike cannot be included in the $1.9 trillion porkulus spending bill that DEMOCRATS are scheming to pass using a “budget reconciliation”.

A minimum wage hike is clearly not a fiscal matter, and therefore should be ruled “not germane” and therefore not included in a reconciliation vote.

Maybe MacDonough will capitulate to DEMOCRAT threats, blandishments, and manipulation, but if not, the parliamentarian’s rulings can be overturned by a simple majority vote, so if all 50 DEMOCRATS hold the line, they can include the minimum wage hike with Shamala Hairless breaking the tie.

Because DEMOCRATS are willing to use their bare majority to change the rules for this issue, what other rules will they change next?

[archives]

Probably as many as they see necessary to implement help for the American people, why they are there, and not to worship an individual

[The Anonymous]

[archives]

Anytime “copy and paste” has got nothing in rebuttal but one of his corny copy and paste pictures you know he is done, like the towel hitting the canvas

Next

[CASPER]

Anytime “copy and paste” has got nothing in rebuttal but one of his corny copy and paste pictures you know he is done, like the towel hitting the canvas

Next

Yeup, BagBoy isn't very good at this, but we all have limits, and he stays within his.

[The Anonymous]

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, says the watchdog group has identified more than $310 billion in spending that it said has little to do with the pandemic and another $500 billion that could be cut without fundamentally changing the package.




https://www.usatoday.com/story/money/2021/02/25/covid-relief-bill-stimulus-check-critics-bidens-stimulus-goes-too-far/6804219002/

[Bill]

I dunno how much of that going forward is going to be a real problem since it isn't being spent &/or wasted till then but I do wonder what real impact it is having "on all the poor ppl dying of hunger in this country"..

Stimulus checks spark 2.4% surge in consumer spending and boost economy in early 2021

According to that usatoday article many are simply saving it, I guess they aren't dying of hunger or cold any time soon??

Additionally if they are out buying tv's, new cloths etc-generally stuff produced in other countries, it isn't even doing much to get our ppl back to work or spurring our economy......

the waltons cash in, their employees still need assistance & the workers in Vietnam & china cheer for more......

[Sailor]

I dunno how much of that going forward is going to be a real problem since it isn't being spent &/or wasted till then but I do wonder what real impact it is having "on all the poor ppl dying of hunger in this country"..

Stimulus checks spark 2.4% surge in consumer spending and boost economy in early 2021

According to that usatoday article many are simply saving it, I guess they aren't dying of hunger or cold any time soon??

Additionally if they are out buying tv's, new cloths etc-generally stuff produced in other countries, it isn't even doing much to get our ppl back to work or spurring our economy......

the waltons cash in, their employees still need assistance & the workers in Vietnam & china cheer for more......

Good points Wild Bill.

[Legion]

Good points Wild Bill.

By the time that $15 mandated wage kicks in, it will very likely be wiped out by inflation, Skip.

[The Anonymous]

But much of the $4 trillion federal stimulus allocated last year remains unspent, says Adam Andrzejewski, CEO of OpenTheBooks, a government transparency group.

https://www.usatoday.com/story/money/2021/02/25/covid-relief-bill-stimulus-check-critics-bidens-stimulus-goes-too-far/6804219002/

[Sailor]

By the time that $15 mandated wage kicks in, it will very likely be wiped out by inflation, Skip.

If inflation takes off this country is in trouble.

[T. A. Gardner]

By the time that $15 mandated wage kicks in, it will very likely be wiped out by inflation, Skip.

Assuming that all the low wage jobs that would pay $15 an hour haven't been taken by AI and robots...

[Legion]

If inflation takes off this country is in trouble.

That's exactly what some are predicting, Cap.

Former Treasury Secretary Larry Summers, a DEMOCRAT, says the hazard of a stimulus package that is too large is the risk of inflation, which many economists try to forecast by looking at the gap between actual and potential economic output.

That gap is currently about $50 billion a month, based on a Congressional Budget Office analysis, but the stimulus would generate about $150 billion a month, three times the size, Summers says. If lots of customer demand can’t be met by a limited capacity of labor, factory machines and other supplies, that likely would drive up wages and prices.

The Biden plan could “set off inflationary pressures of a kind we have not seen in a generation, with consequences for the value of the dollar and financial stability,” Summers wrote in The Washington Post.

The Federal Reserve’s preferred inflation measure was at 1.3% in December and the Fed has vowed to keep its key interest rate near zero even if inflation rises above its 2% target for some time. But an unexpected surge in prices could force the central bank to raise interest rates more abruptly than anticipated, possibly causing a recession, Morgan Stanley says.

https://www.usatoday.com/story/money/2021/02/25/covid-relief-bill-stimulus-check-critics-bidens-stimulus-goes-too-far/6804219002/

[Sailor]

Assuming that all the low wage jobs that would pay $15 an hour haven't been taken by AI and robots...

Why is it democrats as a whole cannot see a little into the future? Not like the truth you are talking about is something unknown.