08-11-2020, 10:20 AM
So, since I first posted, the talks have reached an impasse, and Trump has issued some executive orders, which may or may not actually result in anything.
https://www.politico.com/newsletters/mor...oon-789805
But it seems like there will not be a deal in the imminent future; the House has gone home, but are on notice to come back in 24 hours if a deal is reached. Mark Meadows, the President's chief of staff, is also "out". More distressingly, both sides think they have the upper hand politically here, because of course what matters is not helping Americans, but putting the other side into a pickle. Also distressing:
Because again, how the stock market does is more important than helping Americans.
BC
https://www.politico.com/newsletters/mor...oon-789805
But it seems like there will not be a deal in the imminent future; the House has gone home, but are on notice to come back in 24 hours if a deal is reached. Mark Meadows, the President's chief of staff, is also "out". More distressingly, both sides think they have the upper hand politically here, because of course what matters is not helping Americans, but putting the other side into a pickle. Also distressing:
Quote:In fact, we are told it could be weeks before any serious talks resume barring any significant events like Wall Street sell-offs or a run of truly dismal economic data.
Because again, how the stock market does is more important than helping Americans.
BC
