'The harms wrought by the conservative movement’s ideological delusions will be felt by virtually all Americans — including the movement’s own congressional dogmatists' writes EricLevitz
Mitch’s plan went off with many hitches. Photo: Olivier Douliery/AFP via Getty Images The GOP’s ideology has long been a threat to the powerless. The party’s opposition to social welfare immiserates the poor, its nativist demagoguery endangers immigrants, and its contempt for climate science could exhaust the earth’s hospitality by the time America’s disenfranchised children come of age.
When it passed the CARES Act in March, the congressional GOP insisted on having the bill’s $600-a-week unemployment-benefit bonus phase out at the end of July. Since then, the party has refused to approve any additional fiscal aid to states, households, or other needy constituencies on the grounds that a V-shaped recovery might soon obviate the need for further federal largesse.
McConnell’s procrastination has been widely interpreted as a means of gaining leverage over House Democrats: Since the Donkey Party cares more about the unemployed than the GOP, best to conduct negotiations while the calendar is slowly lowering the jobless into a pit of molten lava. And this may have been part of the intention.
Recent economic forecasts have predicted a decline in gross domestic product of between 4.6% and 8% for 2020. The damage from Covid-19 has been significant, but not catastrophic.Congress authorized $2.9 trillion of Covid-19 relief, which represents 13.5% of 2019’s U.S. GDP. No one knows exactly how much of the Covid relief has been spent or obligated, but 60% seems to be a consensus figure in Congress. Let that sink in. We’ve authorized enough spending to replace 13.
Regardless, the notion that the present economic crisis is rooted in overly restrictive coronavirus-containment measures is itself wildly delusional. In April, Johnson’s reasoning was reckless; today, it’s hallucinatory. We already ran the senator’s desired experiment! Texas, Louisiana, and Arizona reopened.
The CARES Act provided states and cities with $0 in unconditional fiscal aid. A wide variety of business leaders have advised Congress that $1 trillion in such aid is needed to keep the economy afloat. Meanwhile, more than 20 million Americans are poised to be thrown out of their homes by late fall, when a moratorium on evictions in federally subsidized buildings will expire.
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