Predicting the inability of House Republicans to simply do their jobs, the Biden Administration is now threatening Government Agencies to review their shut down plants. Make no mistake, the Government Shutdown is going to result in real consequences for millions of americans, and it will hurt our economy. Heres a snapshot of the last Government Shutdown. This occurred between the end of 2018 and the beginning of 2019 on trumps watch. A stretched on for 34 days, 300,000 Government Workers were furloughed and. It costs our economy 11 billion dollars. Its not Monopoly Money, folks. Its not Monopoly Money to republicans who think that we have too much debt in the country, 11 Trillion Dollars for no particular reason, seems foolhardy. I should not be complicated. Funding the government is a basic power given to congress in the constitution. Its one of the few things that the United States constitution actually says that congress has to do it, its not optional. They have what you commonly he
Our economy. Heres a snapshot of the last Government Shutdown. This occurred between the end of 2018 and the beginning of 2019 on trumps watch. A stretfo 34 days, 300,000 Government Workers were furloughed and. It costs our economy 11 billion dollars. Its not Monopoly Money, folks. Its not Monopoly Money to republicans who think that we have too much debt in the country, 11 Trillion Dollars for no particular reason, seems foolhardy. I should not be complicated. Funding the government is a basic power given to congress in the constitution. Its one of the few things that the United States constitution actually says that congress has to do it, its not optional. They have what you commonly here as the power of the house under the leadership of the speaker, Kevin Mccarthy, tenuously the ship though it is. He is choosing chaos over governing. For a party that touts fiscal responsibility, its just not responsible to hold the Economy Hostage over hard line policy requests that stand zero chanc
well, i think we start with the fact that we can have medicare for all without raising taxes by one penny on middle class families. that in fact what we can do is take 11 trillion dollars going forward in healthcare costs that families would have to pay out-of-pocket and bring that down to zero. that s the equivalent of the biggest tax break in american history. biden campaign says it s not possible. communications director saying about warren her plan would create a new tax on employers of almost $9 trillion that would come out of worker s pockets. and impact investments and capital gains tax that would affect far more people than she stated tonight. pete buttigieg is just as skeptical of warren s math. it is one thing when stl a different around the margins.
did today, that has an impact on the dow, the d up 200 points. but i think going forward, it s pretty treacherous times. either the fed doesn t raise rates, telling the markets that we ve got problems in the economy so the fed will hold off in tightening credit, or the fed does raise rates in the face of slowdown in the economy. you don t want to be long stocks when you re faced with those two hobbsian choices. we were looking at this and crunching the numbers. china s markets were down this quarter. we lost 11 trillion dollars in market value in the course of this quarter. that s a lot of money. and it obviously affects people s decisions going forward because they re a lot poorer on paper. how does that affect their mindset going into the holiday shopping season? let s remember, those are
and providing good service. well, you remember that statement by president obama, he said at some point you ve made enough money. lynn, is the president right? is there a point at which a person should be told by the government you ve made enough money, that s all you should make? you can t make anymore? i don t think that s his place. i mean, i take umbrage to that and i also think you have to separate from how people make money. and i think a lot i think that was said to the investment bankers of the world, but, but frankly, you know, there are people who are game changers and you know, the bill gates of the world, and steve jobs of the world who created technology and changed the way we live and how do you tell those people they can t make money off of their incredible inventions or people who make it, use their own money? i mean, i put my money behind everybody else s money. and the big dollar amounts you re talking about, most of it s in my business behind everybody else, and