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Bay Area legislators call for Senate to pass stimulus bill

Original post made on Aug 6, 2020

A group of Bay Area federal legislators on Wednesday called on the U.S. Senate to pass a House-approved COVID-19 stimulus bill that includes relief funding for state and local governments.

Read the full story here Web Link posted Thursday, August 6, 2020, 1:31 PM

Comments (3)

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Posted by Steven Goldstein
a resident of Old Mountain View
on Aug 6, 2020 at 5:59 pm

Steven Goldstein is a registered user.

So last week we had 167,000 new hires.

We lost 1,100,000 jobs that same week.

Please refer to the webpage titled " These Charts Put the Historic U.S. Job Losses in Perspective " (Web Link)

That is about twice the job losses we had in the peak period of great recession which was about 600,000 to 700,000 a week.

We lost only about 2.6 million during the peak period of 4 weeks during that disaster, it took to 2016 to recover the jobs from that crisis, that was 9 years.

During this crisis we lost 22,000,000 jobs in a 4 week period. If we try to recover all the jobs like the last time it will take perhaps 80-90 years.

When is everyone going to wake up that this is not fixable via a STIMULUS package, We have to go on LIFE SUPPORT mode now until the COVID crisis is over, and it is better to freeze all money for the time being, thereby all businesses will not have bills to pay along with the people. That is a fair process isn't it?


4 people like this
Posted by Gary
a resident of Sylvan Park
on Aug 6, 2020 at 6:25 pm

Gary is a registered user.

There can seemingly never be a stimulus unless the very rich get much of the money. Plus, now relief is up against the Trump-Putin re-election campaign. For Trump to win, Americans must pretend - even to themselves - that Covid-19 is no big deal. Back to school. Back to work. Millions die. But millions in America die every year from natural causes. So Trump might even resort to calling Covid-19 "natural" unless he thinks it would be slicker to stick with the "China Virus" or the "Obama-Biden Virus." And Trump needs one other bit of help to get re-elected: a low turnout. For that, Trump will undermine and maybe even shut down the U.S. Postal Service. Get involved in the national election as if your life depends on it. It does.


Like this comment
Posted by Steven Goldstein
a resident of Old Mountain View
on Aug 7, 2020 at 5:33 pm

Steven Goldstein is a registered user.

Now comes the real damage because you cannot expect those with privilege and ability to be protected from the loss that COVID cuased to protect anyone else.

Trump claims he will issue an executive order.

Like all of the other times he said he would provide some kind of plans or information in "two weeks" when asked by a reporter or interviewer.

HE NEVER GET TO PROVIDING IT

It is not going ot happen, and the GOP and the White House just signed the economic death certificate.


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