Trump, McConnell insist no state, local government funds in imminent coronavirus rescue package

The bailout package will not include $150 billion for state and local governments, another Democratic priority, Treasury Secretary Steven Mnuchin and Senate Majority Leader Mitch McConnell (R-Ky) told Senate Republicans.

See, it’s like this. I need you states to vote for me in November, but first I’ll starve your poorest people who need me most. That’s my plan.

Drowning.png

Trump: “Don’t throw him a life preserver. First, let him drown.”

“The thinking among some Trump administration officials is that many states should be reopening their governments soon and that additional funding could deter them from doing so,” reports Axios’ Alayna Treene.

See, it’s like this. The state’s offices, schools, and businesses are closed not because of the Chinese virus, but because they hate me.

It’s all about me.I’m not going to give them any money to help them survive the Chinese virus.

It’s not my virus; it’s the Chinese virus. Let the Chinese help the states.

Politico adds: “The White House and Trump administration have been holding out because, in part, they believe if Congress keeps cutting checks for state and local governments, they will be disincentivized to open up their economies.”

See, it’s like this. Those governors closed their offices, schools, and businesses just to spite me.

If I send the states any money, they’ll just waste the dollars to keep the states’ offices and schools open, and the businesses running, and later they’ll open polling places for the Mexicans, blacks and Muslims to vote. They don’t vote for me, do they?

States and cities have taken steep hits to their budgets from the coronavirus outbreak. “It’s important for the feds to support our efforts to fund the stuff we do,” Massachusetts Gov. Charlie Baker (R-Mass.) said on CBS News.

“If we’re laying off tens of thousands of people at exactly the time when they want to reopen the economy, we’re going to be swimming against the current they’re trying to create.”

See, it’s like this. I want the states to reopen their economies after many of their businesses go bankrupt, so there will be no economies to reopen.

And anyway, what would poor kids do with educations? Let ’em beg me for money so the government can send them checks with my name on them. But later.

I’ll show those governors they can’t sass me.

Trump said Sunday evening he supports backstopping states and local governments at “another time.” White House officials tell Axios they envision such a package weeks or months from now.

See, it’s like this. There’s no rush. People are desperate and starving — but my GOP bootlickers are well-fed, thank you.

(But if you’re nice to me, maybe I’ll throw you a few crumbs.)

The White House reiterated Sunday on Twitter that, as far as they see it, “the success of the phased approach will rely on preparedness and planning by states — safe and efficient screening, sufficient PPE supplies, and the ability to mitigate any rebound.”

See, it’s like this. You have no money.  I want you to prepare, “safe and efficient screening, sufficient PPE supplies, and the ability to mitigate any rebound” before you get the money to do those very things.Trump Smiling Blank Template - Imgflip

Sure it’s impossible, but that’s how I want it. I give you an impossible assignment, and while you struggle, I own you. That’s how I operate.

GOTCHA!

========================================================================================================================================================

Rodger Malcolm Mitchell
Monetary Sovereignty
Twitter: @rodgermitchell
Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell

THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

The most important problems in economics involve:

  1. Monetary Sovereignty describes money creation and destruction.
  2. Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics.

Implementation of Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps:

Ten Steps To Prosperity:

1. Eliminate FICA

2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone

3. Provide a monthly economic bonus to every man, woman and child in America (similar to social security for all)

4. Free education (including post-grad) for everyone

5. Salary for attending school

6. Eliminate federal taxes on business

7. Increase the standard income tax deduction, annually. 

8. Tax the very rich (the “.1%”) more, with higher progressive tax rates on all forms of income.

9. Federal ownership of all banks

10. Increase federal spending on the myriad initiatives that benefit America’s 99.9% 

The Ten Steps will grow the economy and narrow the income/wealth/power Gap between the rich and the rest.

MONETARY SOVEREIGNTY