Last weekend, Resident Donald Trump*, Fuhrer of the Nazi Republican Reich, promised a press conference in which he would explain how he would provide his own relief plan for the American People. It was really a campaign rally, delivered at taxpayer expense from his own Bedminster, NJ country club, while greedy Republican billionaires cheered him on. Everything he said and everything his supporters, like Larry Kudlow, said later were lies.
According to the Washington Post, his so-called unemployment relief created a whole new program that would take months to set up. States would have to pay $100 of the $400 per person per month payments, and pay for the administration of the program. Trump also said he would suspend payroll taxes. These are not taxes at all, but the entitlement payments that fund Social Security and Medicare. He said he will terminate those “taxes”, if reelected. The so-called rent relief provides for studies, but no relief at all. The measure on student loans is just a two month extension of the relief Democrats passed in March.
According to the NY Times, the Trump* plan included no relief for small businesses, schools, or state and local governments.
According to Market Watch, workers would still be on the hook to repay the payroll tax relief by April 15. Unless governors request the unemployment relief and can afford to pay their share, workers will receive nothing. Since Republicans are funding the program with money repurposed from from disaster relief funds, the program will run out of money in two months and leave nothing for disaster relief during hurricane season.
On the other hand, if Trump steals the White House again, and eliminates the “payroll taxes” permanently, Republicans will have an excuse to cut Social Security and Medicare, as they have wanted to do for years.
In short, this is nothing but a dog and pony show, intended to make Trump* look good before the election, but providing virtually no relief.
I’ll leave you with wise words from Nancy Pelosi.
Pelosi calls Trump’s executive actions ‘absurdly unconstitutional’
RESIST!!