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Archive for July 25th, 2020

U.S. Republican Senate Majority Leader Mitch McConnell must be as stupid as U.S. Senator’s Rand Paul and Ted Cruz. Paul and Cruz oppose the U.S. House of Representatives Heroes bill sponsored by the Democratic Party that will continue to provide $600 a week to the unemployed until January, as well as tens of billions of dollars to cities and states that are experiencing reduced tax dollars and will likely need to lay off tens of thousands, if not hundreds of thousands or more, of public employees without further Federal aid.

Many Republican senators are opposed to the HEROES Act because it will not reward their billionaire owners to the same degree the CARES Act did, and which gave the superrich and their corporations $4.75 trillion in a $2.2 trillion bill. (Click here for that story.)

McConnell, appearing to be a dimwit, does not understand the issue that will decide the election in November. “It’s the economy stupid,” James Carville used to say. Carville was Bill Clinton’s presidential campaign manager in 1992. They won the election in 1992.

“We swears to serve the master of the precious.”

The U.S. economy is tanking big time. The only thing stopping the economy from further falling and moving into a Great Depression is the CARES Act, one of whose most important provisions for the 99 percent is about to expire. That provision is the $600 a week extra in unemployment benefits.

McConnell does not understand the economy needs people to spend money to keep it afloat. He opposes the $600 extra a week because some people are receiving more money than they were earning at their jobs, giving them an incentive to not look for work. Who cares? That $600 dollars is helping to keep the economy afloat, and there are not a whole bunch of available jobs out there right now anyway.

When cities, counties and states begin to lay off employees by the tens of thousands, along with those folks on unemployment who will stop receiving that $600 at the end of this month, the economy will likely move into a Great Depression, if we have not already done so.

The result will be a Democratic Party wave in November. Then it is likely the Republican Party will begin its fade into the history books as more and younger voters have become Bernie style Democratic Socialists, which is to say New Deal Democrats. McConnell and the rest of the Republican senators are about to send their political party into historical oblivion after voting to reward their billionaire backers $4.75 trillion while providing the vast majority of U.S. citizens crumbs with the CARES Act last March.

Meanwhile, U.S. House Majority Leader Nancy Pelosi decided to placate her Party’s base by sponsoring the Heroes Act, but not that saving the base and the economy from ruin was something she actually wanted to do. The Heroes Act is the fourth stimulus package since March and her attempts to save the billionaires who control her Party and neglect the financial needs of the 99 percent is most obvious by this fact alone. Something must have clicked in her brain to come up with the HEROES Act.

She likely came to understand saving the economy and the billionaires from ruin means having to save the rest of us. McConnell, Rand Paul and “tiny hands” Ted Cruz have not figured out this basic economic issue yet even as Texas, the state Cruz represents, is rapidly turning blue along with Virginia, North Carolina, and several other states the Republican Party reliably once controlled.

When these states turn blue, this will eliminate the Republican Party as a factor in national politics. This has already occurred on several state levels. The Republican Party used to control California. Now it is the super minority party in both of California’s legislative houses. McConnell, Cruz and Paul are hastening the Party’s decline by their economic stupidity. It’s the economy stupid!

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