We Have All Heard This Bull Sh*t Before. Trump Floats $5,000 “Stimmy” Checks For Every US Adult Citizen If GOP Holds Congress.

Featured Story

BY SRH

Are You Buying Rump’s BS Again??

Everybody Has Heard This Before: If the Republicans Take Over Congress, Trump Will Send $5,000 “Stimmy” Checks to Every Adult in the United States.

People may remember when Trump signed the CARES Act on March 27, 2020, which would have sent $1,200 to qualified adults and $500 to each child, with income-based phaseouts, and promised to send cheques to their homes. In December of that year, he officially authorized a second batch of $600 checks. (At first, he wanted Congress to increase it to $2,000; the House of Representatives was on board with this, but Republicans in the Senate stopped it.)

With the addition of President Joe Biden’s third stimulus check round, the combined amount of the three pandemic rounds exceeded $814 billion. No matter how you slice it, Trump said he had nothing to do with the viral plandemic that crippled economies around the world. Cash promises abound in Trump’s second term, however, and they stem from two projects he launched but failed to implement.

So in reality, Trump’s midterm elections promise—that $5,000 dividend—is nothing more than a fix for a political problem that Trump’s prior “give people money” promise (and the tariffs behind it) helped create.

 

Trump’s approval rating is around 38%, according to reporting by The Guardian.

Trump’s Me is-Up 

Don't Miss

Brace For A Monday Massacre: Buffett Liquidates All Airline Holdings As Berkshire Sees Another Leg Lower

By StevieRay Hansen

Well, it’s official: there won’t be any “Buy American” op-eds by the Oracle of Omaha this time around. In fact, if anything, they will be…

“We Are Moving Into The End-Game”: 27 Tankers Anchored Off California, Hundreds Off Singapore As Oil Industry Shuts Down

By StevieRay Hansen

Back in the late fall of 2014, when Saudi Arabia broke up OPEC for the first time and unleashed a torrent of crude oil on…

Front-Month WTI Crude Crashes Below Zero For First Time Ever

By StevieRay Hansen

Over the last several decades, have we ever seen a year start as strangely as 2020 has? Global weather patterns have gone completely nuts, large…

We’re Not Going Back To ‘Normal’…

By StevieRay Hansen

Turn the key and the economy will restart. That’s a myth a lot of people in the mainstream have peddled since governments started shutting down…

JPMorgan Profit Plunges To 7 Year Low On $6.8 Billion In Loan Loss Reserves As Dimon Warns Of “Severe Recession”

By StevieRay Hansen

And so the worst quarterly earnings season since the financial crisis (at least until the catastrophic Q2 earnings) is off, when moments ago JPMorgan reported…

Stevie Ray

Leave a Reply

Your email address will not be published. Required fields are marked *