Author Topic: Trumpster fire  (Read 498421 times)

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Badger

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Badger

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Re: Trumpster fire
« Reply #5146 on: August 08, 2020, 06:55:51 PM »
BREAKING: Trump signs executive orders to extend unemployment benefits, provide a payroll tax holiday, defer student loan payments and extend the federal moratorium on evictions, after talks in Congress collapsed; Democrats vow to sue the President - CNBC

Surely the American people will thank the Dems for their strict adherence to legislative procedure

SixFeetDeep

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Re: Trumpster fire
« Reply #5147 on: August 08, 2020, 07:33:21 PM »
Yeah idk if you heard but orange man bad
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Johnny English

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Re: Trumpster fire
« Reply #5148 on: August 08, 2020, 07:39:22 PM »
BREAKING: Trump signs executive orders to extend unemployment benefits, provide a payroll tax holiday, defer student loan payments and extend the federal moratorium on evictions, after talks in Congress collapsed; Democrats vow to sue the President - CNBC

Surely the American people will thank the Dems for their strict adherence to legislative procedure

Apparently he's also going to sign one to force insurers to cover pre-existing conditions. Orange man going full BarryO.

P.S. Payroll tax reductions are not in any way, shape or form a good thing.
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SixFeetDeep

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Re: Trumpster fire
« Reply #5149 on: August 08, 2020, 07:51:23 PM »
ATAB
My dad always says he's undefeated at tailgating

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Badger

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Re: Trumpster fire
« Reply #5150 on: August 08, 2020, 08:08:01 PM »


Apparently he's also going to sign one to force insurers to cover pre-existing conditions. Orange man going full BarryO.

P.S. Payroll tax reductions are not in any way, shape or form a good thing.

Yeah, that one is the one with the most downsides but it does provide some small boost.

Everything else there is pretty good.

Badger

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Re: Trumpster fire
« Reply #5151 on: August 08, 2020, 08:09:17 PM »
Can't wait until 2021 when Social Security gets cut and they blame the 5 months of missing payroll taxes and pretend there was nothing else they could do. Bipartisanship!

Johnny English

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Re: Trumpster fire
« Reply #5152 on: August 08, 2020, 08:48:49 PM »

Yeah, that one is the one with the most downsides but it does provide some small boost.

Everything else there is pretty good.

Sure. How is he planning on funding these things? Doesn't he need Congress to approve that? Haven't they just spent the last few weeks failing to do so?
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Johnny English

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Re: Trumpster fire
« Reply #5153 on: August 08, 2020, 08:55:58 PM »
Can't wait until 2021 when Social Security gets cut and they blame the 5 months of missing payroll taxes and pretend there was nothing else they could do. Bipartisanship!

Never mind the missing 5 months, he said this evening that if he gets re-elected the cuts will be made permanent.
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Johnny English

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Re: Trumpster fire
« Reply #5154 on: August 09, 2020, 10:21:20 AM »

Yeah, that one is the one with the most downsides but it does provide some small boost.

Apparently it's a deferral, so not really.

Quote
Everything else there is pretty good.

How? He can't just magick new money into existence with an EO, so how is any of this funded? He could issue an EO ordering free cheese and wine for everyone but it doesn't mean it would happen.
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bojanglesman

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Re: Trumpster fire
« Reply #5155 on: August 09, 2020, 11:33:07 AM »
This excrement only complicates matters and will clog up courts with more legal challenges.  It's just a political optics ploy to make it seem like Trump is doing something and everyone else is blocking him from helping.  In reality, this excrement likely won't happen and will just create something else to clean up.

States get zero federal dollars for extended unemployment if they don't match with 25%, which lots say they can't.

Suspending evictions longer is fine, but not without consequences.  Smaller landlords may go delinquent on their mortgages with no rent money coming in.  Not saying they are more important than renters, but there are consequences.  There needs to be some sort of temporary rent assistance instead of delaying evictions so money flows to landlords to help prevent downstream complications.

Extending student loan forbearance needs to be done properly so they aren't punished on credit reports for not making payments.  That was done with the CARES act, but no indication it will be here.  We'll see.

Payroll tax holiday is the dumbest of all.  It doesn't help people without jobs, it worsens the social security and medicare deficits, and isn't even real, just a delay.  Employers may not even stop withholding it in fear of being unable to pay if it all comes due at once later on, so you may get no temporary benefit.

This is just Trump trying to throw money at a problem without authority to do so and in a retarded manner that will create more problems than it helps.  Again, it's an effort to appear like he's helping, for political reasons.  As usual, he's just an idiot seagull flying in, shitting all over everything, and flying away.  He's just shitting out a solution and handing it off to lawyers, just like he does everything.

Hopefully these are the final death throes of this idiot and surrounding leeches and we can just run out the clock until Biden gets in and hopefully just manages not to make things worse for 4 years.  Maybe we are lucky and Biden gets us off the ledge and back into just "bad".
« Last Edit: August 09, 2020, 12:08:20 PM by bojanglesman »

Badger

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Re: Trumpster fire
« Reply #5156 on: August 09, 2020, 06:33:22 PM »


Apparently it's a deferral, so not really.

How? He can't just magick new money into existence with an EO, so how is any of this funded? He could issue an EO ordering free cheese and wine for everyone but it doesn't mean it would happen.

He doesn't have to pay for it. He SHOULD assist states paying UI. The rest doesn't require a funding mechanism.

Johnny English

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Re: Trumpster fire
« Reply #5157 on: August 09, 2020, 06:36:52 PM »

He doesn't have to pay for it. He SHOULD assist states paying UI. The rest doesn't require a funding mechanism.

Except that the only way he can do that is to use the unspent covid funding which will then not be spent on things like testing, so... you can see the problem with that, right? And why that would be an appealing thing to Trump?

I can't believe you actually believe that "the rest doesn't require a funding mechanism". Of course it does and you know that. (This is where you post your meme about money printer.)
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Badger

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Re: Trumpster fire
« Reply #5158 on: August 10, 2020, 10:06:02 AM »
Except that the only way he can do that is to use the unspent covid funding which will then not be spent on things like testing, so... you can see the problem with that, right? And why that would be an appealing thing to Trump?

I can't believe you actually believe that "the rest doesn't require a funding mechanism". Of course it does and you know that. (This is where you post your meme about money printer.)
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Re: Trumpster fire
« Reply #5159 on: August 10, 2020, 10:40:31 AM »
my farts are pretty bad this morning.
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