“”Made In The USA” Economic Collapse: Trump’s “Stimulus Plan”. Money for the Super-Rich, Crumbs for Ordinary Americans”

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Also see

The Health, Economic Assistance, Liability Protection and Schools (HEALS) Act. The GOP’s Let ‘Em Eat Cake Stimulus Plan’:

On Monday, Senate Majority Leader Mitch McConnell introduced the so-called Health, Economic Assistance, Liability Protection and Schools (HEALS) Act.

It’s long on benefitting US business interests, woefully short on helping tens of millions of jobless, homeless, food insecure, and other needy Americans.

Below is what’s in it:…

DB Note: Is anyone else sick of these asshole’s middle-school level acronyms for their bullshit ‘aid-programs’, which in the end, will probably have harmed us more than helped?

U.S. Household Eviction Crisis: 43% of American Renters Now Face Risk of Eviction:

Nationwide in the U.S. on July 28th, the “Estimation of households experiencing rental shortfall and potentially facing eviction” is 43.12%, according to Stout Risius Ross, LLC, “Based on Household Pulse Survey data” (from the U.S. Census Bureau).

An infographic by Niall McCarthy of Forbes shows the state-by-state percentages, as of July 15th, and they were:

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Quote From the Following Article:

On Sunday, Treasury Secretary Mnuchin falsely claimed expiring benefits disincentivize America’s unemployed to seek jobs — citing no evidence as proof because none exists.

He added that GOP proposed benefits will reduce what’s expiring to about $200 weekly, one-third the current amount, along with another $1,200 for qualified low-income households.

Trump and congressional GOP leadership want benefits largely going to corporate favorites and the nation’s privileged class — including protection of businesses from COVID-19 related lawsuits.

Reportedly, the GOP plan extends the eviction moratorium for residential buildings that have federally guaranteed mortgages.

Government aid for millions unemployed Americans with no prospect of returning to work near or longer-term is essential — because of the unavailability of jobs for millions of jobless who want them.

Whatever is agreed on this week by Republicans and Dems, if anything, is likely to be much less than what’s needed…

Americans are about to get a horrendous taste of what most ‘third-world’ peoples have had to deal with for the last two millennia-plus. And as far as I’m concerned, most Americans have this coming to them, for sitting idly by, over the last century, as their government from hell committed crime after heinous crime against humanity and nature. “What goes around, comes around”, sooner or later, and “the new normal”, what’s coming around now, is about to screw Americans in the arse:

“Made In The USA” Economic Collapse: Trump’s “Stimulus Plan”. Money for the Super-Rich, Crumbs for Ordinary Americans

By Stephen Lendman

Made-in-the-USA economic collapse is the most diabolical scheme ever concocted by dark forces in the country.

It’s all about engineering the largest ever wealth transfer from ordinary people to corporate favorites and the nation’s super-rich.

It also aims to consolidate corporate America to greater size and dominance by eliminating many tens of thousands of small, medium-sized, and some large businesses.

There’s nothing accidental about what’s going on, including COVID-19 outbreaks nationally and worldwide.

What’s happening was planned many months in advance before unleashed on Americans and humanity in January — an unprecedented high crime, war by other means on ordinary people worldwide.

The diabolical scheme’s toll rises daily — more people becoming ill, more losing jobs because of shuttering businesses, many never to reopen.

A permanent US underclass exploded in size that includes mass joblessness, impoverishment, and misery far exceeding the worst of the 1930’s Great Depression.

Instead of New Deal jobs creation programs and other initiatives to help ordinary people during hard times, the Trump regime and GOP congressional leadership reportedly is set to unveil a let ‘em eat cake scheme this week. See below.

Based on what’s known, it includes scant extended benefits for ordinary Americans in contrast to trillions of dollars of free money for the nation’s privileged class.

Both right wings of the nation’s one-party state are miles apart on agreeing to extended benefits for the nation’s unemployed and otherwise needy.

In May, House Dems passed the  so-called $3 trillion Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act.

Opposed by the GOP controlled Senate, its leadership and party faithful want aid going largely to corporate America, crumbs alone for ordinary people in need.

Reportedly this week, maybe on Monday, GOP House and Senate leadership will introduce a $1 trillion scheme it wants unfolded in stages.

It replaces unemployment benefits of $600 weekly with about 70% of lost wages, less than half of current benefits.

On Sunday, Treasury Secretary Mnuchin falsely claimed expiring benefits disincentivize America’s unemployed to seek jobs — citing no evidence as proof because none exists.

He added that GOP proposed benefits will reduce what’s expiring to about $200 weekly, one-third the current amount, along with another $1,200 for qualified low-income households.

Trump and congressional GOP leadership want benefits largely going to corporate favorites and the nation’s privileged class — including protection of businesses from COVID-19 related lawsuits.

Reportedly, the GOP plan extends the eviction moratorium for residential buildings that have federally guaranteed mortgages.

Government aid for millions unemployed Americans with no prospect of returning to work near or longer-term is essential — because of the unavailability of jobs for millions of jobless who want them.

Whatever is agreed on this week by Republicans and Dems, if anything, is likely to be much less than what’s needed.

The hardest of hard times ever in America continue with no end of them in prospect for the nation’s working class.

*

Award-winning author Stephen Lendman lives in Chicago. He can be reached at lendmanstephen@sbcglobal.net. He is a Research Associate of the Centre for Research on Globalization (CRG)

Source: “Made In The USA” Economic Collapse: Trump’s “Stimulus Plan”. Money for the Super-Rich, Crumbs for Ordinary Americans – Global ResearchGlobal Research – Centre for Research on Globalization


2 thoughts on ““”Made In The USA” Economic Collapse: Trump’s “Stimulus Plan”. Money for the Super-Rich, Crumbs for Ordinary Americans”

  1. All I can do is watch, somewhat stunned, at how much sooner than I expected it, the economic collapse of the US empire is spreading. That picture of the cart brings tears to the eyes. Yes, there is no doubt in my mind that Americans deserve what is happening to them, for their hubris, their ignorance, their stupidity, but mostly for their faith. So now go MAGA.

    Liked by 1 person

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