Giving cash to people you know theres a lot of ways to help people but this is an extraordinarily time ok and a lot of people been put on their backs i because no fault of their own so how do you stand on this. Well i think we have to we have to look at it 1st and understand that and letting people go on employed that was a Political Choice by the United States but our government there was other countries for example in europe and where i live in the Czech Republic they were doing a wage subsidies system so for example you know the government will pay 70 percent of the furloughed employees wages so that was a way that we could have done it here in this country we could have paid a wage subsidy for people to keep their jobs instead the government chose to let people go on employed and of course when we talk about this the republicans are talking about this saying to small nonexistent naan and send them to work when i was their choice im sure people would rather work as we talked about p
A 4 shutdown for many months we had an exasperating result of the pandemic weve been hurting Small Business as weve been hurting people and industries across the spectrums of our country its really dire we see that we already are experiencing shortages in a lot of areas we absolutely have to get people back to work americans are looking for handouts they want to do their jobs they want to go back to their businesses that theyve built and the fact is that we cant continue to fake an economy theres no amount of money that we can use so what people make is go away the stimulus on the 1st time around was probably needed for the individuals i dont think that we should have seen him at the court in corporate welfare that went to the industries the 1st time around but certainly we dont need another go up and thats the democrats are pushing for a republican largely agree right what about you i mean i agree in many ways with having here but it is far is working people i mean the very rich actua
Hello and welcome across town where all things are considered im Peter Lavelle there is a saying in washington dont let the perfect be the enemy of the good this appropriately describes the Political Warfare over another stimulus package at the center of this standoff is who wins or loses just prior to the election in the meantime tens of millions are suffering with no end in sight. To discuss this and more im joined by my guest brad like unshipped in gothenburg he is a call me as a. Freelance reporter for she and how as well as a r t contributor and in greenville we cross to hannah cox she is a newsmax insider contributor to the Washington Examiner as well as host of base a monthly vodcast all right cross talk rules in effect you can jump in anytime you want and i always appreciate it ok lets go to hannah 1st and that is theres a big standoff going on in washington another planned stimulus package and both sides of the draw on their lines in the same and. Do you think theres going to
That they felt and the fact is that we cant continue to fake an economy theres no amount of money that we can just throw it people to make this go away the stimulus on the 1st time around was probably needed for the individuals i dont think that we should have seen him at the court in corporate welfare that went to Big Industries the 1st time around but certainly we dont need another go up and thats the democrats are pushing for republicans largely agree right what about you i mean i agree in many ways with having here but what is far is working people i mean the very rich actually got richer during all of this they got they got welfare of their welfare that they didnt meet here but if you look at the 1st round it was the middle class and working people who were largely ignored or just temporarily given injection what is your thoughts on this i mean should i im not interested in bailing out local governments or bailing out states when they anything like that im interested in helping yo
Today. We start out of with the fed staying put. Jerome powell signaling the rates will stay near zero through 2023 stocks getting an initial pop, but reverse course as the fed share took questions from the press. Steve, what was it, do you think, that spooked the markets . You know, its always hard to know maybe one of those sell the news things there was a bit of history in the statement where the fed for the first time put in the statement that its new goal is to seek inflation above 2 that was in the longterm policy strategy but it had not yet been in the statement. This is the first statement following that change. It was a bit like there was nothing behind it in the sense that, the question that i asked, i said, well, how come your forecasts dont show you hitting the goal, not even in the fouryear horizon here the fed chair didnt really have a good answer for that you would think if you said, you know, im going to move this tanker faster, you know, youd be pushing the throttle do