Area Man Digs Hole

Local Man Won’t Stop Digging Hole

The Senate adjourned until Monday, with Congress failing to extend the extra unemployment benefits that expire today just as people lose their jobs again. New jobless claims rose with 1.43 million workers filing for initial unemployment benefits. I think this is now 20 straight weeks of 1M+ new claims.

NYTimes:

“Mr. Trump’s approach to the negotiations over another round of federal stimulus for the ailing economy has confounded allies, rivals and outside observers. He pushed hard for big-ticket tax cuts that Senate Republicans did not want, along with $1.75 billion to rebuild the F.B.I.’s headquarters in Washington and an expanded tax break for business lunches. And he has derided efforts to find middle ground with Democratic leaders on a comprehensive economic rescue package, declaring on Wednesday that ‘we really don’t care’ about several possible parts of it.”

“Lobbyists, economists and members of Congress say they are baffled by Mr. Trump’s shifting approach and apparent lack of urgency to nail down another rescue package that he can sign into law.”

The WaPo:

“The White House is willing to cut a deal with Democrats that leaves out Senate Republican legislation aimed at protecting employers, hospitals and schools from coronavirus-related lawsuits.”

“The White House wants and is pushing for the ‘liability shield’ as a top priority but would be willing to sign off on a deal that lacks the legal protections.”

Axios:

Why it matters: Tens of millions of Americans are out of work and have been receiving $600 per week on top of their regular unemployment payments. That money has been used both to pay expenses and to prop up the broader economy via consumer spending.

The state of play: Congress and the Trump administration are still painfully deadlocked over the next stimulus bill, with at least 20 Senate Republicans pledging to vote “no” on another massive relief package no matter what.

The bottom line: More than 30 million Americans could see their incomes drop 50%–75% when the unemployment benefits expire on Friday.

And that’s gonna leave a mark. We’re in a hole and the Republicans are still digging.

Tiger Beat on the Potomac (thanks Charlie!) morning email thingie:

OVER THE CLIFFIt happened. The Senate left town knowing that failed negotiations would ensure the expiration of enhanced jobless benefits for millions of Americans laid off and furloughed amid the coronavirus pandemic. Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer met late into the night Thursday with White House chief of staff Mark Meadows and Treasury Secretary Steve Mnuchin, hoping to break the impasse. But they got nowhere and emerged with acrimony and finger-pointing.

Per our colleagues at Playbook: “Meadows made an offer to extend enhanced unemployment at $600 per week for four months as a stand-alone bill. This is a new offer from the White House, and further than Republicans have gone thus far. It’s an extension of current law — something the GOP has railed against. Pelosi and Schumer rejected the offer, and countered with extending enhanced unemployment insurance at the same rate — $600 per week — through the first quarter of 2021.”

–They’re also stuck on funding for state and local governments, workplace protections and even testing for Capitol Hill.

The latest from Pelosi: “They never have understood the gravity of it. Since the HEROES Act passed, about 70,000 people have died. Hundreds of thousands more have been infected. And they wanted to pause, and now they come back with piecemeal.”

Related: As lawmakers FAIL on a new rescue package, Americans’ approval of Congress has returned to its normal nadir — 18% — after hitting YUGE 20-year highs in April and May. Oddly, Prznint Stupid’s approval remains at 41%, less than 100 days from the election.

UPDATE 1: ABC News

Nearly two-thirds of Americans disapprove of President Donald Trump‘s handling of three major challenges facing the country — the coronaviruspandemic, nationwide unrest over racial inequality and relations with Russia — in a new ABC News/Ipsos poll, a sign of the obstacles that his reelection bid faces just three months before Election Day.

With the White House confronting the most significant reckoning on race since the civil rights movement of the 1960s, the worst public health crisis in a century, and a hostile Russia reminiscent of the Cold War, Americans have little confidence in the job Trump is doing in all three of these major areas.

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14 Responses to Area Man Digs Hole

  1. osirisopto says:

    He must want to take Melaina to lunch.

    Liked by 2 people

  2. Dennis Cole says:

    I think what they’re hoping to accomplish is to make things SO awful, get the public in such a state of anger & despair that we really DO begin to “riot,” and protest most vociferously, so that when they step in, we’ll be ever-so grateful, and greet them as Liberators, and give them parades, festooning them with garlands of flowers, thereby guaranteeing our votes to keep trump. (Worked over in Iraq, dinnit?)

    Either that, or they’re gonna come down hard, with both barrels, and impose all kinds of Draconian sanctions, including Martial Law, “postponing” the election, etc., etc.

    And I’m sure that Dumpy is glued to whatever news source is keeping him informed about the situation in Hong Kong, which I think is whence they’re getting their inspiration; authorities there announced this AM that the upcoming elections are postponed until further notice.

    Liked by 3 people

    • They’ve got the same Campus Young Republican Club for Growth economic expertise, sent in the occupation forces, and shipped the pallets of C-notes to their corporate paymasters. All they forgot is blowing up the sewage treatment plant and setting up a new ‘Green Zone.’

      Liked by 1 person

  3. MDavis says:

    Meadows made an offer to extend enhanced unemployment at $600 per week for four months as a stand-alone bill.

    Why was this rejected? Unless there was a poison pill in it somewhere, which isn’t mentioned, rejecting it seems like a real dick move.

    Liked by 2 people

    • Dennis Cole says:

      MD – Because if the Dims acquiesce on the “piecemeal approach,” then that’s all we’ll ever get – crumbs, and castoffs, bit-by-bit, causing us to think that progress is actually being made, when if the Chuck(les) and Nancy show stands firm, public outdry will eventually overwhelm the GOPers resistance. Or so the Theory goes, anyhoo.

      Liked by 1 person

      • MDavis says:

        Does the theory include that Democrats will be blamed for refusing to take a deal that gets their constituents that UI bump? Not that deep red Republicans will be swayed anyway, but I do wonder about Democratic Party thinking on this, crumbs being better asubsistence diet than nothing.

        Liked by 1 person

      • Dennis Cole says:

        MD – the blame has been cast, by Kayleigh Makinglies, so the base will certainly believe. I don’t really know what the Dim’s s’tragedy is, besides their position of watching and waiting.
        It reminds me of the 2 hunters in a deer-blind, and since the owner of the blind gets first shot, he waited and waited, passing up one near-trophy buck after another, until it finally got too late and too dark to shoot. “Well,” he said, when they got ready to leave, “there’s always tomorrow; we’ll definitely bag a big buck then!”

        Liked by 1 person

      • MDavis says:

        I just wish their strategy was “get the people some money now, when they need it, and quit expecting them to just sell some stocks to tide them over or whatever the F’n thinking.

        Like

  4. YellowDog says:

    Trump “succeeds” because he is consistently overestimated. “He’s a billionaire—he can’t be that stupid.” Speaker Pelosi has to do his work for him, showing more leadership than he can even comprehend, while he sits on the toilet and sends out tweets about Fox News. Meanwhile, the bad folks (Putin, McConnell, Miller) use his stupidity to their advantage. The day of reckoning is coming. His presidential library will be the guy with a cart, delivering reading material to individual cells.

    Liked by 2 people

  5. Big Bad Bald Bastard says:

    Just wait until the August wave of evictions begins in earnest.

    Liked by 3 people

  6. beckymaenot says:

    Seriously- things are going to get way worse before they get better.

    Liked by 1 person

  7. roket says:

    “Mr. Trump’s approach….has confounded allies, rivals and outside observers.

    Wow! That’s a very astute observation.

    Liked by 1 person

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