Wednesday, March 11, 2020

Administration's answer to Coronavirus and the stock market drop

Aside from the fact that so little is being done by this administration towards protecting or helping cure people, there’s the fact that what potus wants to do is to cut payroll taxes to help the economy.   Of course he does.  Because he doesn’t understand that the majority of people who will get any benefit from this are not those who will put it into buying stocks, they will maybe pay some bills, buy something they’ve needed but couldn’t afford, put it in the bank towards an unexpected expense, and further much more practical to them things.  And the employers will do the same thing they did to put ‘trickle down’ into effect – oh, wait – they didn’t do anything, did they? It’s just another con job to make himself look like he’s doing something – which he isn’t. Because he’s banking his reelection on ‘the economy’ which to him is the stock market.  BTW, the money from those taxes goes into Social Security and Medicare.  Who wants to join me in a pool as to how long it takes him to use the fact that no money is going in to those to justify his long standing (yep, that long and lying denied) plan to cut benefits?


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