Dismiss Notice
Thanks for being a member of our community. Please donate toward site expenses if you can.

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus

Discussion in 'Coronavirus (COVID-19) News' started by cd8ed, Mar 12, 2020.

PF does not allow misinformation. However, please note that posts could occasionally contain content in violation of our policies prior to our staff intervening. We urge you to seek reliable alternate sources to verify information you read in this forum.

Page 3 of 3
  1. cd8ed

    cd8ed Well-Known Member Past Donor

    Joined:
    Jul 19, 2011
    Messages:
    42,155
    Likes Received:
    33,009
    Trophy Points:
    113
    Gender:
    Male
    Where have you been? That occurred months ago
     
    cd8ed, Mar 12, 2020
    #51
    mdrobster likes this.
  2. cd8ed

    cd8ed Well-Known Member Past Donor

    Joined:
    Jul 19, 2011
    Messages:
    42,155
    Likes Received:
    33,009
    Trophy Points:
    113
    Gender:
    Male
    That you believe the response from America on this virus — which has largely been laissez faire — and not the response from the other nations in our interconnected trade network is what has caused this — then you are probably a trump supporter.
     
    cd8ed, Mar 12, 2020
    #52
  3. struth

    struth Well-Known Member

    Joined:
    Oct 3, 2018
    Messages:
    33,519
    Likes Received:
    17,956
    Trophy Points:
    113
    He did....and Mexico has helped out a lot in combating illegal crossings. With the budget, and cuts to spending, Trump has to depend on Congress....which happens to have Dems in it.

    Defending Obama against what? He did a horrible job with the economy, it wasn't until the GOP won elections that we started to see some progress
     
    struth, Mar 12, 2020
    #53
    Libby likes this.
  4. struth

    struth Well-Known Member

    Joined:
    Oct 3, 2018
    Messages:
    33,519
    Likes Received:
    17,956
    Trophy Points:
    113
    The United States caused a virus to mutate and impact Socialist China? I don't think so. It was the horrible conditions in Socialist China...and then the Chinese Govt lack of honesty, transparency, and refusal to accept help. The EU's weak response caused their own problems as well. Trump has no say on how the Italian Govt behaves.
     
    struth, Mar 12, 2020
    #54
    Libby and ButterBalls like this.
  5. mdrobster

    mdrobster Well-Known Member

    Joined:
    Aug 11, 2011
    Messages:
    34,391
    Likes Received:
    12,994
    Trophy Points:
    113
    Yeah, keep alllowing him to abuse the system, yet call out others, the hypocrisy is reaching new highs.
     
    mdrobster, Mar 12, 2020
    #55
  6. mdrobster

    mdrobster Well-Known Member

    Joined:
    Aug 11, 2011
    Messages:
    34,391
    Likes Received:
    12,994
    Trophy Points:
    113
    You are deliberately changing the argument, or worse, making false assertions. What is clear, is Trump underestimated the impact, and now that the "fit" has hit the "shan", he is still spinning his wheels. As POTUS, this is exactly where the "rubber meets the road", and Trump needs to step up.
     
    mdrobster, Mar 12, 2020
    #56
  7. 9royhobbs

    9royhobbs Well-Known Member

    Joined:
    Aug 25, 2015
    Messages:
    15,025
    Likes Received:
    5,466
    Trophy Points:
    113
    That's the spirit. Come here, give me a hug and kiss.
     
    9royhobbs, Mar 12, 2020
    #57
  8. Adfundum

    Adfundum Moderator Staff Member Donor

    Joined:
    Jul 31, 2018
    Messages:
    7,703
    Likes Received:
    4,178
    Trophy Points:
    113
    Gender:
    Male
    The long term effect may be a serious problem.

    Trump's coronavirus payroll tax cut would punch hole in Social Security, Medicare budgets

    "...If approved by Congress, Trump's proposal would result in a massive, roughly $1 trillion dollar cash injection into the pockets of workers and businesses over the rest of the year, based on a Congressional Budget Office estimate www.cbo.gov/topics/taxes of current projected federal tax revenue.

    It would also mean “you’ve blown a trillion-dollar hole” in the trust funds that pay Social Security benefits for retirees and help fund the Medicare healthcare program for Americans over age 65, said Howard Gleckman, a senior fellow at the Tax Policy Center. “What do you do about that?”..."​
     
    Adfundum, Mar 12, 2020
    #58
  9. struth

    struth Well-Known Member

    Joined:
    Oct 3, 2018
    Messages:
    33,519
    Likes Received:
    17,956
    Trophy Points:
    113
    We are handling better then every other nation
     
    struth, Mar 12, 2020
    #59
  10. Texas Republican

    Texas Republican Well-Known Member Past Donor

    Joined:
    Aug 10, 2015
    Messages:
    28,121
    Likes Received:
    19,405
    Trophy Points:
    113
    Trump is either doing too much or not enough. The “loyal opposition” can’t decide.
     
    Texas Republican, Mar 12, 2020
    #60
    Libby likes this.
  11. Spim

    Spim Well-Known Member Past Donor

    Joined:
    Nov 11, 2016
    Messages:
    7,664
    Likes Received:
    6,183
    Trophy Points:
    113
    over the travel ban?
    I only took a 45 minute nap!
     
    Spim, Mar 12, 2020
    #61
Page 3 of 3

Share This Page