"So Far Apart on Covid Deal That We Don't Really Care"

Mish

Republican are in no hurry to reach a deal.

In a failed game plan we have seen before, Republicans put up another obvious bluff on reaching a Covid stimulus deal.

Trump says he is No Hurry for Coronavirus Deal.

“We’re so far apart we don’t care. We really don’t care,” Trump told reporters as he departed the White House for a trip to Texas, blaming Democrats.

“We want to take care of the people, the Democrats aren’t taking care of the people,” the Republican president said.

Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows were due to resume negotiations with the two top Democrats in Congress: House of Representatives Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer.

An hour-long meeting of the four broke up late on Tuesday afternoon amid no sign of progress. “As of now, we’re very far apart,” Mnuchin told reporters.

Money for an FBI Building

Trump wants any legislation to include $1.8 billion to build a new FBI headquarters in Washington. 

As he left the White House, Trump scoffed at members of his party who do not back his FBI plan. “(They) should go back to school,” he said.

In a multi-trillion dollar deal, $1.8 billion is meaningless. But if it adds even a few hours of bickering, it doesn't belong there. 

Trump Seeks to Protect His Hotel

Here's the kicker to the story. Trump's Washington hotel is across the street from the FBI. 

Even Republicans raise eyebrows at this "schooling" effort.

Huge Gap Between the GOP and the Democrat Stimulus Plans

The key problem is the Huge Gap Between the GOP and the Democrat Stimulus Plans.

  1. Republicans want to spend about $1 trillion with strong internal divisions.  The Democrats are united behind Pelosi. They propose $3 trillion.
  2. Republicans want to eliminate the $600 weekly benefit and replace that with a means test to rejigger benefits so that they replace roughly 70% of a worker’s former wages. 
  3. The Republican bill would make it harder to successfully sue businesses, schools and health-care providers in coronavirus-related cases. The Democrats are united against that idea.

Clock Runs Out

As noted on Sunday the Clock Just Ran Out on $600 in Weekly Unemployment Benefits.

Point number 2 is important in two ways: The pricetag and the delivery time.

The Republican proposal could take many states several weeks or longer to address.

What are the unemployed supposed to do in the meantime? 

More Than Half of Business Closures are Permanent

Note that More Than Half of Business Closures are Permanent.

Where are the go back to work jobs supposed to come from?

Same Mistakes Over and Over

Republicans have a propensity for making the same mistakes over and over. 

Please recall a Trump said he would not sign any bill that did not include funding for a wall. Trump was totally and thoroughly humiliated by House Speaker Nancy Pelosi.

Here are some amusing details from my January 26, 2019 post Trump Signs Spending Bill ending Longest Gov't Shutdown in History

One of the most remarkable moments during the Senate luncheon came when McConnell told Pence that shuttering the government to try to secure funding for a border wall was not a smart approach.

“I think that a government shutdown is not a good option. That’s my view. The American people don’t like it,” the GOP leader told reporters on Dec. 18, four days before funding lapsed. “You remember my favorite country saying, ‘There’s no education in the second kick of a mule.’ We’ve been down this path before.” 

Biggest Wimp Ever

Following the cave-in, Trump Mocked From Both Sides After Caving In, Coulter Claims "Biggest Wimp Ever"

No Education in the Second Kick of a Mule

McConnell blasted Trump in 2018 over an ill-advised budget square-off. 

And here we go again. 

This time both Trump and McConnell are about to get another kick in the head from a mule.

The mule's name is "Nancy".

Philosophically Speaking

Philosophically, people should not make more being unemployed than employed.

Politically speaking, the Republicans are about to get kicked by a mule. 

Moreover, it would be better for Trump to have the most stimulus possible to help his election chances. But once again, Trump is hell bent on appeasing the base. 

It is not the base that Trump needs to win.

Mish 

Comments (59)
No. 1-16
PecuniaNonOlet
PecuniaNonOlet

As an independent voter, I blame GOP for most of our current woes and this will be another bale of hay on the camel’s back (we are beyond straws with these idiots). When they f’ it up, they f’ it up good. From “rule or ruin” to “ruin or ruin.”

Six000mileyear
Six000mileyear

It is better that cities borrow and default than for the Federal government borrow on their behalf, and then default.

Herkie
Herkie

Mish this hard line stance by the GOP will certainly appeal to much of the base, though I think that a healthy percentage of them are also deeply affected negatively by Covid and it's mishandling. Quite a few have died because they are more than half of them in risk categories, "poor but proud," and low income is certainly a risk factor for Covid. Obesity, older, secondary health issues, the demographics of the GOP make it more vulnerable to Covid.

But, the base of the GOP is only about 35% of voters, where the base of democrats is more like 44% of voters, it is the indy voters or loosly attached to party voters that allow them to win. This is going to blow up in the GOP's face so spectacularly I predict that it will do more, generational damage, than Watergate did.

The right thinks they are going to score voters by saying this is all democrats fault when it was democrats that passed the 3.4 trillion relief bill more than a month ago and which the GOP in the senate has refused to take up. Now the senate counter proposal is going to fail in the house because it is larded with bullshit that has nothing to do with Covid, or as in the case of Covid related tort reform is simply wrong and unacceptable to democrats, BECAUSE it is unacceptable to our rights. They would simply grant blanket immunity to entities that will abuse people who will get sick, die. By making the burden of proof fall on corporations in this the corporation will have to bear the brunt of the costs of suits, with the GOP immunity except in the case of GROSS willfull negligence they know they are putting the ability to sue out of reach of all but class action suits, and people will not sue because they can't afford to even when they can prove gross negligence.

On a personal note that is exactly where I am with my new house. I can't afford to repair the huge damage that was deliberately hidden and lied about, but the layers that do contingency work here will not take the case, they ambulance chasers can't make enough off the case. I can't afford $300 per hour to pay a lawyer billed in 15 minute increments, so I just will not be able to repair the house. So, I will ask the bank for forebearance which will give me 6 months without house payments such that I can pay to move in January if the house lasts that long. Of course the government will get stuck with paying the $255,000 principal balance, too bad taxpayers, you should make access to our justice system slightly less expensive because as it is only affluent or better can afford to use it. Justice has nothing to do with our so called justice system now. It is all about the Benjamans, lots and lots of Benjamins. And of course I will never be able to own a house again. I have to tell you Mish, I was proud of my service and loved America, now I sort of have to agree with Iran, death to America (as it is) it simply does not deserve to continue, it has become evil. It serves a rich 10% that has enslaved the other 90%. When I leave this house I will leave America and never return.

xil
xil

"Where are the go back to work jobs supposed to come from?"
Find Something New obviously. @Mish, maybe you were not paying attention on the 2020 anniversary of Bastille Day when this new initiative was unveiled.

awc13
awc13

probably best if it stays grid locked and nothing is done

tokidoki
tokidoki

Trump Force does have a nice ring to it. "My Trump Force will be my Trump card". See how many Trumps you can force into a sentence.

gregggg
gregggg

The best thing for the country is deadlock. Bipartisan bills should make the public very nervous. https://www.youtube.com/watch?v=Lg9scNl9h4Q

Zardoz
Zardoz

Republicans are taking care of people, but if you're not in the 0.01%, you aren't people. This probably won't play well with any but the very dimmest.

On the plus side, they'll get lots of footage of their goon squads releasing festive Freedom Cans, Freedom Bags, and Freedom Balls into the hordes of newly hungry, newly homeless, to make scary campaign ads out of.

Dodge Demon
Dodge Demon

The more delay the more time for me to buy more gold.

Realist
Realist

What shocks me is that the US government spends most of its time arguing over, and politicizing the response to the economic impact of the pandemic, rather than dealing with the pandemic itself.

Other countries can do it. Why can’t the US?

As a result, the US is not only ruining their own economy by failing to respond to the virus, they are also hurting the recovery in other countries that are actually being successful in limiting the spread of the virus.

Come on America! Deal with the virus!

Yesterday’s daily cases and deaths:

Japan 972:2

S Korea 28:1

Germany 572:2

France 725:14

UK 745:14

Canada 397:11

USA 65,068:1330

numike
numike

“Disease is the biggest money maker in our economy.”
― John H. Tobe

Jojo
Jojo

Theoretical Physicists Say 90% Chance of Societal Collapse Within Several Decades
Deforestation and rampant resource use is likely to trigger the 'irreversible collapse' of human civilization unless we rapidly change course.
by Nafeez Ahmed
July 28, 2020

killben
killben

Whatever the reason for bickering between Democrats and Republicans, the end result is the same. IT is the common man who gets screwed. But then the clowns on both sides are only concerned with who will the common man see as the party that screwed them. In this neither party is different. Not to mention other interests.

In India, the first man past the voting post is the winner. Forget that only 40% of the people voted. Which means the winner has only 21% of the populace who are eligible to vote. But there is something called "losing one's deposit" meaning that the candidate has not garnered a minimum number of votes.
Thus the best way to get the right candidates (who will do the people's work) on the ballot paper is not to vote (till the right candidate is on the ballot paper) so no one wins.

Screw both the parties if they do not come up with a deal for the citizen.

Not voting is a powerful weapon. That is why to fool us the media and population make out voting is the right thing to do. All Ps are in the end All Bs.

saraziegler
saraziegler

@numike “Disease is the biggest money maker in our economy.”
― John H. Tobe . It's fact 100%. true. I found no disturbance in completing my  https://resumewriterreview.net/ resume and its just because of your amazing post. Thank you so much.

MATHGAME
MATHGAME

The GOP bill protects employers from employees' suits over COVID-19 but allows employers to sue employees ... just to make perfectly clear how little the GOP cares about all those "human resources" out there ... they are just fodder for the crony capitalist engine that drives the vast bulk of the generated wealth to the 1%.

Montana33
Montana33

I think more of Trumps “base” is unemployed or financially damaged than we know. Trump supporters are mainly non college educated white people and are employed in lower income jobs or could be small business owners. As you say Mish - this is nothing like past recessions. Some people stay Republican out of habit, but Not enough. Trump has destroyed the party and they aren’t coming back.


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