Trump Stiffs Needy Americans and Struggling Businesses to Get Barrett on the Court
We will begin with Trump’s announcement today that he is no longer interested in getting another stimulus bill to needy unemployed Americans and struggling businesses but instead has instructed Mitch McConnell to concentrate on getting Amy Coney Barrett seated on the Supreme Court. This, on the same day the Chairman of the Fed issued a warning that too little stimulus support “would lead to a weak recovery, creating unnecessary hardship for households and businesses.” Robert Hockett, who has first-hand experience working with the Federal Reserve Bank of New York and drafted Alexandria Ocasio-Cortez’s “Green New Deal” and is a Professor of Law and Public Policy at Cornell University, joins us to discuss this moment of economic madness and malevolent priorities. The author of the new book Money From Nothing Or, Why We Should Stop Worrying About Debt and Learn to love the Federal Reserve, we discuss how Wall Street is taking a dive as the worsening pandemic will depress the economy further while China and the rest of the world leaves the U.S. behind.
Our Mussolini Gasps For Air While Projecting Strength Over a Virus he Claims to Have Conquered