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Online mystery-ak

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Biden, Yellen call for swift action on coronavirus relief package
« on: January 29, 2021, 07:20:36 pm »
Biden, Yellen call for swift action on coronavirus relief package
By Brett Samuels - 01/29/21 12:51 PM EST

President Biden on Friday pushed Congress to act urgently on his proposed economic relief package as the White House scraps to garner bipartisan support.

"The choice couldn't be clearer. We have learned from past crises that the risk is not doing too much. The risk is not doing enough. And this is a time to act now,” Biden said during a meeting with top economic advisers in the Oval Office.

Biden cited studies that show inaction could lead to massive long-term job losses and further delay the economy from getting back on track amid the coronavirus pandemic.


“There is an overwhelming consensus among economists — left, right and center — that this is a unique moment in this crisis, and the cost of inaction is high and is growing every day," Biden said, noting that advisers to former Presidents Trump and George W. Bush have made the same case.

Treasury Secretary Janet Yellen, who joined Biden for the meeting, pointed to data released a day earlier that showed 847,000 Americans filed for unemployment claims as the economic recovery lags and the pandemic worsens.

“The president is absolutely right. The price of doing nothing is much higher than the price of doing something, and doing something big," Yellen said. "We need to act now, and the benefits of acting now and acting big will far outweigh the costs in the long run."

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https://thehill.com/homenews/administration/536492-biden-yellen-call-for-swift-action-on-coronavirus-relief-package
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Offline Hoodat

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Re: Biden, Yellen call for swift action on coronavirus relief package
« Reply #1 on: January 29, 2021, 07:24:52 pm »
Quote
Treasury Secretary Janet Yellen, who joined Biden for the meeting, pointed to data released a day earlier that showed 847,000 Americans filed for unemployment claims as the economic recovery lags and the pandemic worsens.

Perhaps if Democrat governors made it legal again for people to work, there wouldn't be 847,000 unemployment claims.
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Offline XenaLee

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Re: Biden, Yellen call for swift action on coronavirus relief package
« Reply #2 on: January 29, 2021, 07:29:08 pm »
The last two "relief/stimulus" payments went to people I know that have not missed a paycheck (a teacher), someone that is married and gets to keep her entire social security check (didn't need it), someone sitting on a property that's worth half a million or more, living off of a trust fund (didn't need it), and someone that is still making a living with $80,000 in the bank.

All that "free money" going to folks that were not in need, and the next one will be even more of a waste re: going to folks that didn't need it and will never EVER work enough to pay back into the system.

We're screwed.
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Online mystery-ak

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Re: Biden, Yellen call for swift action on coronavirus relief package
« Reply #3 on: January 29, 2021, 08:26:50 pm »
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Offline christian

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Re: Biden, Yellen call for swift action on coronavirus relief package
« Reply #4 on: January 30, 2021, 06:26:50 am »
They want swift approval of this nasty political package.  Won't it be interesting to find out how many Constitutional rights will be ended or abridged by it?
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Re: Biden, Yellen call for swift action on coronavirus relief package
« Reply #5 on: January 30, 2021, 05:21:45 pm »
Quote from: XenaLee on January 29, 2021, 07:29:08 pm
The last two "relief/stimulus" payments went to people I know that have not missed a paycheck (a teacher), someone that is married and gets to keep her entire social security check (didn't need it), someone sitting on a property that's worth half a million or more, living off of a trust fund (didn't need it), and someone that is still making a living with $80,000 in the bank.

All that "free money" going to folks that were not in need, and the next one will be even more of a waste re: going to folks that didn't need it and will never EVER work enough to pay back into the system.

We're screwed.
If this were a Star Trek episode.
Biden and Yellen to Scotty: Mr. Scott we need more cash, speed up the presses!
Scotty to Biden and Yellen: Captain Dementia, the presses canna not take the load, their burnin up , the presses are burnin up!
Biden and Yellen to Scotty: Well get more presses Scotty, we can't destroy this nation with out printing more worthless dollars, the Chicoms are breathing down our necks!
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Offline XenaLee

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Re: Biden, Yellen call for swift action on coronavirus relief package
« Reply #6 on: January 30, 2021, 06:10:41 pm »
Quote from: GtHawk on January 30, 2021, 05:21:45 pm
If this were a Star Trek episode.
Biden and Yellen to Scotty: Mr. Scott we need more cash, speed up the presses!
Scotty to Biden and Yellen: Captain Dementia, the presses canna not take the load, their burnin up , the presses are burnin up!
Biden and Yellen to Scotty: Well get more presses Scotty, we can't destroy this nation with out printing more worthless dollars, the Chicoms are breathing down our necks!

And at the very end (literally) of the season episode:

Scotty/Yelen to Biden:   Captain, we've gone as far as we can, the dilithium crystals have been exhausted.... the ship's gonna explode.   

Biden:   Smooch, goodbye, @ss.  (talking to himself perhaps?)

(Boom!)
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