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Yo_Mama_Been_Loggin

(108,035 posts)
Sat Jul 11, 2020, 08:54 PM Jul 2020

Treasury Secretary Steven Mnuchin to unemployed, "Fuck you!"

Treasury Secretary Steven Mnuchin said Thursday that the Trump administration wants to cap enhanced unemployment benefits in the next coronavirus package to make sure workers do not get benefits amounting to more than their former wages.

Under the coronavirus bill enacted in March, workers, to encourage compliance with stay-at-home orders, received as much as $600 per week in addition to their regular unemployment benefits, which critics say encouraged the jobless to not look for work.

“You can assume it will be no more than 100%, so, yes, we want to incent people to go back to work,” Mnuchin told the cable channel CNBC.

The House has passed legislation that would extend the $600 in extra weekly payments until December.

https://www.msn.com/en-us/money/markets/goodbye-extra-600-unemployment-benefits-won-t-exceed-former-wages-in-next-stimulus-bill-treasury-s-mnuchin-says/ar-BB16y2j5?li=BBnbfcN&ocid=DELLDHP

Let's see you live on that Mnuchin. You probably spend that much just for lunch.

13 replies = new reply since forum marked as read
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John Fante

(3,479 posts)
8. Cutting these benefits in any will nuke what's left of the economy.
Sat Jul 11, 2020, 09:23 PM
Jul 2020

Without that disposable income, revenues will plummet nationwide (which will lead to layoffs), mortgages and rent won't get paid, and belts will tighten.

Republicans can't govern to save their lives.

 

smirkymonkey

(63,221 posts)
9. You would think they would at least be looking out for their own political interests.
Sat Jul 11, 2020, 09:37 PM
Jul 2020

We all know they don't give a damn about people.

Unless, of course, they plan to cheat.

Wait, that can't be, can it? Would they really do that?

brewens

(13,596 posts)
4. With any luck, his buddies end up owning you and any property you still have left
Sat Jul 11, 2020, 08:59 PM
Jul 2020

after this is over. I think when people see how it all shakes out, the shit will hit the fan and stay hit!

 

Wellstone ruled

(34,661 posts)
6. Okay Stevie,
Sat Jul 11, 2020, 09:16 PM
Jul 2020

the next day following that Bill Signing,the Recession and Depreciation will be hence forth known as the Trump-Mnuchin Depreciation. You will get your Monument.

John Fante

(3,479 posts)
7. If the $600 benefits act as a disincentive to find work
Sat Jul 11, 2020, 09:20 PM
Jul 2020

why did the economy create so many jobs last month? Republicans never know what the fuck they're talking about.

They just don't want the peons to get a taste of the wages they SHOULD be making.

soothsayer

(38,601 posts)
12. He really didn't mind those ppp companies grabbing huge money
Sat Jul 11, 2020, 09:54 PM
Jul 2020

I don’t mean the ones who used it properly, but the greedy rich ones who cashed in.

captain queeg

(10,208 posts)
13. More projection. The rethugs are always trying to screw the government and anyone else
Sat Jul 11, 2020, 10:05 PM
Jul 2020

So they transfer their own values and actions onto others.

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