Thursday, March 26, 2020

Massie In A Mess, Con't

Now my awful congressman is threatening to delay House passage of the entire COVID-19 relief package with his grandstanding and politicking, and it will kill people when he does it.

A Congressman from Kentucky plans to vote "no" on the $2 trillion coronavirus relief package, which the Senate passed 96-0 Wednesday evening.

U.S. Rep. Thomas Massie, a Republican who represents Kentucky's 4th District, also hinted that he might object to a voice vote in the House of Representatives, which would force all members to return to Washington, D.C. and slowdown movement on the bill.

Massie told 55 KRC radio Thursday morning he plans to reject the measure — which includes one-time $1,200 checks to certain individuals and $367 billion in loans and grants to small businesses — due to concerns over spiking the national debt.

"If it were just about helping people to get more unemployment (benefits) to get through this calamity that, frankly, the governors have wrought on the people, then I could be for it," Massie said.

"But this is $2 trillion," he continued. "Divide $2 trillion by 350 million people — it's almost $6,000 for every man, woman and child. I'm talking about spending. This won't go to the men, women and children. So if you have a family of five, this spending bill represents $30,000 of additional U.S. national debt because there is no plan to pay for it."

Massie did vote for a coronavirus relief measure in early March, but missed the vote for a second measure on March 14. However, he recently told The Cincinnati Enquirer that he would have voted no on the bill even if he had been in D.C. because he was concerned the bill would put small companies "out of business."

Later in the interview, Massie discussed his opposition to a voice vote, or a method of voting that does not require more than a majority vote for its adoption. The House is scheduled to have one on Friday morning.

I have a lot of problems with the COVID-19 bill, it's not a stimulus bill in any sense of the word.  It's a relief bill and more will be needed.

Perhaps the most important thing about the $2.2 trillion stimulus bill the Senate passed late Wednesday night is that it is not a stimulus bill at all. 
It is not intended to stimulate growth and spending to offset a potential downturn; it is designed to prevent mass homelessness, starvation and a wave of business closures not seen since the height of the Great Depression.
Why it matters: The bill's price tag is around 10% of U.S. GDP, and Congress is already bickering internally — as well as with various lobbyists and policy advocates — about whether it goes far enough in a plethora of directions.

Even if the bill passes, the story won't be over: 
We are likely to be in this same situation again, economists say — and soon.
Another stimulus bill will likely be necessary to get the economy running after the COVID-19 outbreak has been contained. 
More immediately, it's possible that a second massive spending bill will be needed just to stop further bleeding.

What it means: "This should not be thought of as a stimulus bill — this should be thought of as social insurance in a disaster state of the world for the most hard hit," Jonathan Parker, professor of finance at MIT, told Axios during a virtual briefing with reporters Wednesday.

So when my asshole of a congressman decides he's going to delay it and force all the House to come back into session when the bill is going to pass anyway, but delay Americans getting that relief by several days, it's just a heartless move that accomplishes nothing but hurting his own constituents.

Which I assume is the point.

This man wants us to suffer.

Maybe we shouldn't re-elect him?

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