He keeps us looking in the wrong direction.
There are two major crisis unfolding at once. They're related. COVID 19 is spreading at an alarming rate and the economy will tank because of it.
Where's our leadership? The guy at the top is focussed on subverting the election.
Donald Trump and his allies are taking increasingly frantic steps to subvert the results of the 2020 election, including summoning state legislators to the White House as part of a longshot bid to overturn Joe Biden’s victory. -AP
Trump has spent the three weeks since Election Day sowing doubt about the reliability of the vote, attacking election workers and insisting that he won states that he did not win.
The president's scattershot legal approach appears aimed more at undermining confidence in the election than actually changing the results. Biden's lead in Michigan is more than 140,000 votes, and the Democrat leads in Pennsylvania by roughly 80,000 votes. -The Hill
Instead of leading during the second surge of COVID19, we're getting golf outings and tweets. We're also facing a steep decline in the economy. The pandemic and the economy are intertwined. The economy cannot be fixed until the virus is under control. That's why the Fed is urging another stimulus. The consequences of not focusing on the two major crisis we face are dire.
Trump has spent the three weeks since Election Day sowing doubt about the reliability of the vote, attacking election workers and insisting that he won states that he did not win.
The president's scattershot legal approach appears aimed more at undermining confidence in the election than actually changing the results. Biden's lead in Michigan is more than 140,000 votes, and the Democrat leads in Pennsylvania by roughly 80,000 votes. -The Hill
Instead of leading during the second surge of COVID19, we're getting golf outings and tweets. We're also facing a steep decline in the economy. The pandemic and the economy are intertwined. The economy cannot be fixed until the virus is under control. That's why the Fed is urging another stimulus. The consequences of not focusing on the two major crisis we face are dire.
This was in the NYTimes:
The research firm Moody’s Analytics predicted that the economy would shrink during both the first and second quarters of 2021, and the unemployment rate would approach 10 percent next summer, up from 6.9 percent last month.
By The New York Times | Source: Moody’s Analytics
Many Americans would draw down their savings or struggle to pay medical bills. Some would lose their homes and go bankrupt. Recessions cause permanent damage to people’s lives, which is one reason that Fed officials and many economists support further stimulus.
A lack of government support, Powell has said, may lead to “tragic” results with “unnecessary hardship.” Loretta Mester, the president of the Cleveland Fed, has called the lack of another stimulus package “very concerning.”
So what's it going to be? Actual leadership or the partisan divide?
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