The Senate's Coronavirus Relief Package Must be Stopped!
Mike Whitney • March 26, 2020
The
Senate’s $2 Trillion Coronavirus Relief Package is not fiscal stimulus
and it’s not a lifeline for the tens of millions of working people who
have suddenly lost their jobs. It’s a fundamental restructuring of
the US economy designed to strengthen the grip of the corrupt
corporate-banking oligarchy while creating a permanent underclass that
will be forced to work for slave wages. This isn’t stimulus, it’s shock
therapy.
Who
can survive on $1,200 for one, two or three months time? And what
happens to the millions of people who paid no taxes last year? Are they
supposed to scrape by on nothing? Congress knows that most households
live paycheck to paycheck. With no savings how will they pay the rent,
the electric bill, the phone and the cable? Congress is quibbling over
an extra $600 per month unemployment for those who are lucky enough to
get it, when most people are just trying to figure out how they’re going
to survive, how they’re going to pay the mortgage, when they’ll be able
to go back to work, and whether their job will still be there when this
nightmare is finally over?
Did
you know that “if you don’t already have direct-deposit information on
file with the IRS from previous tax returns, you won’t get the
emergency funds for up to 4 months”? That means millions of people
will have zero income for 4 months! What will become of them? Where
will they go? Who will provide them with shelter and food? Shouldn’t
congress be asking these questions?
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