Democrats’ ‘COVID Stimulus Bill’ Erases San Francisco’s Debt for Speaker Pelosi and Eliminates New York State’s Fiscal Year Budget Deficit for Senate

[TigerGrowls]

Dems are you in favor of this or not? Please answer some questions instead of just throwing insults.

Democrats' 'COVID Stimulus Bill' Erases San Francisco's Debt for Speaker Pelosi and Eliminates New York State's Fiscal Year Budget Deficit for Senate Leader Schumer | The Gateway Pundit | by Joe Hoft

The Democrats’ COVID Stimulus Bill does little to address the hardships Americans endured over the past year due to government shutdowns but it does do much to pay off or keep Democrat city and state governments afloat for the foreseeable future.

www.thegatewaypundit.com

By Joe Hoft
Published March 9, 2021 at 7:30am
897 Comments
Share(5.6k)TweetShare to GabTelegramShareEmail

The Democrats’ COVID Stimulus Bill does little to address the hardships Americans endured over the past year due to government shutdowns but it does do much to pay off or keep Democrat city and state governments afloat for the foreseeable future.
Although the Democrats’ ‘COVID stimulus bill’ does little for the common man or the business owner who was forced to shut down their small business due to Democrat mandates, the bill does help some poorly managed Democrat city and state governments stay afloat as it erases their debts for the foreseeable future. Twitchy shared the following from the San Francisco Chronicle:

The federal stimulus package likely to be signed by President Biden this week will erase the majority of San Francisco’s projected $650 million budget deficit over the next two years, saving City Hall from having to make painful service cuts and layoffs — for now.
While the federal stimulus is a boon for the economy in the short term, it will not solve all of the city’s financial woes. San Francisco’s ultimate recovery heavily depends on how quickly parts of the local economy bounce back, from tourists visiting the city to employees returning to downtown offices.

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Pelosi’s San Francisco wasn’t the only entity rewarded in the COVID Stimulus bill, Senator Chuck Schumer’s New York State was also bailed out in the bill:

The $1.9 trillion COVID-19 relief package passed by the US Senate wipes out New York State’s projected budget deficit — possibly negating the need for hefty tax hikes or spending cuts, Senate Majority Leader Chuck Schumer’s office said Monday.
“Ok. Thanks to @SenSchumer NYS budget deficit for this year is…..Zero, nada, niete, zilch (NY terms),” Schumer spokesman Angelo Roefaro tweeted.
The American Rescue Plan provides state government coffers with $12.6 billion in unrestricted aid, a measure championed by Schumer, the New York senior senator. The measure passed the Senate in a 50-49 vote and is expected to clear the Democratic-led House of Representatives on Tuesday and delivered to President Biden for approval.
Asked if the geyser of pandemic relief eliminates the needs for tax hikes or spending cuts, Roefaro told The Post, “the statement speaks for itself.”

The average American whose business and livelihood was destroyed by the Democrats’ insane lockdown policies is again the forgotten man or woman as corrupt politicians take care of themselves and dodge the consequences of their horrible actions and policies.

 

[nytigerfan]

Dems are you in favor of this or not? Please answer some questions instead of just throwing insults.

Democrats' 'COVID Stimulus Bill' Erases San Francisco's Debt for Speaker Pelosi and Eliminates New York State's Fiscal Year Budget Deficit for Senate Leader Schumer | The Gateway Pundit | by Joe Hoft

The Democrats’ COVID Stimulus Bill does little to address the hardships Americans endured over the past year due to government shutdowns but it does do much to pay off or keep Democrat city and state governments afloat for the foreseeable future.

www.thegatewaypundit.com

By Joe Hoft
Published March 9, 2021 at 7:30am
897 Comments
Share(5.6k)TweetShare to GabTelegramShareEmail

The Democrats’ COVID Stimulus Bill does little to address the hardships Americans endured over the past year due to government shutdowns but it does do much to pay off or keep Democrat city and state governments afloat for the foreseeable future.
Although the Democrats’ ‘COVID stimulus bill’ does little for the common man or the business owner who was forced to shut down their small business due to Democrat mandates, the bill does help some poorly managed Democrat city and state governments stay afloat as it erases their debts for the foreseeable future. Twitchy shared the following from the San Francisco Chronicle:

TRENDING: Democrat Logic: Joe Biden Says Military Will Focus on Making "Maternity Flight Suits" -- So Pregnant Women Can Drop Into Enemy Territory During Wartime? (VIDEO)
Pelosi’s San Francisco wasn’t the only entity rewarded in the COVID Stimulus bill, Senator Chuck Schumer’s New York State was also bailed out in the bill:

The average American whose business and livelihood was destroyed by the Democrats’ insane lockdown policies is again the forgotten man or woman as corrupt politicians take care of themselves and dodge the consequences of their horrible actions and policies.

NY and CA have been carrying this country financially for years. Bout time we got ours.

 

[SconnyTiger25]

NY and CA have been carrying this country financially for years. Bout time we got ours.

Ha, can’t even carry your own people. Such big debt spending and junk bonds, it’s really quite laughable. Keep printing money, my Bitcoin just keeps making money on inflation

 

[TigerGrowls]

NY and CA have been carrying this country financially for years. Bout time we got ours.

If NY and CA are all that then why are they in need of the huge bailout?

 

[nytigerfan]

If NY and CA are all that then why are they in need of the huge bailout?

We have been bailing you out for years. Just look at how much money each state has contributed to the national chest for the last 20 years vs. how much we take. SC - which I love - has essentially been a welfare state.

 

[SconnyTiger25]

We have been bailing you out for years. Just look at how much money each state has contributed to the national chest for the last 20 years vs. how much we take. SC - which I love - has essentially been a welfare state.

Hey dude, hate to disillusion you but the people contribute to the national chest not the states. So in more densely populated areas the people will undoubtedly contribute more due to volume. NY and CA run their states badly on state policy and debt spending much of why our country now has more debt than GDP. Your arguments are getting weaker the more you talk btw. I single you out only because you claim to be smart, yet I have not 1 time seen a thought that was not from TV, NY Post, or your heard from a friend. Smart people question other people, not parrot like a quacking bird.

 

[nytigerfan]

Hey dude, hate to disillusion you but the people contribute to the national chest not the states. So in more densely populated areas the people will undoubtedly contribute more due to volume. NY and CA run their states badly on state policy and debt spending much of why our country now has more debt than GDP. Your arguments are getting weaker the more you talk btw. I single you out only because you claim to be smart, yet I have not 1 time seen a thought that was not from TV, NY Post, or your heard from a friend. Smart people question other people, not parrot like a quacking bird.

I dont watch any cable news or read the NY Post. and I sure as shit aint going to be lectured about my news sources from a batshit crazy dude who posts conspiracy theories 24/7. Your opinion of my intelligence is of no import.

 

[SconnyTiger25]

I dont watch any cable news or read the NY Post. and I sure as shit aint going to be lectured about my news sources from a batshit crazy dude who posts conspiracy theories 24/7. Your opinion of my intelligence is of no import.

Then why continue to argue with a bat shit crazy person? Most crazy people are also brilliant so crazy I'm ok with, lazy, uninformed shills, are just what people like me have to put up with.

 

[nytigerfan]

Then why continue to argue with a bat shit crazy person? Most crazy people are also brilliant so crazy I'm ok with, lazy, uninformed shills, are just what people like me have to put up with.

You are absolutely right.

 

[PawsFan_]

NY and CA have been carrying this country financially for years. Bout time we got ours.

Not

 

[nytigerfan]

Not

Ranking states dependency on the Federal government (this is based on 2020, NY was ranked even better prior to COVID):l

SC #7
NY #24
CA #41

And just to show I am fair, for you GA folks, congrats your state is ranked #23, only slightly more dependent than NY on the federal government.

 

[clemsontiger02]

Ranking states dependency on the Federal government (this is based on 2020, NY was ranked even better prior to COVID):l

SC #7
NY #24
CA #41

And just to show I am fair, for you GA folks, congrats your state is ranked #23, only slightly more dependent than NY on the federal government.

 

[TigerGrowls]

Ranking states dependency on the Federal government (this is based on 2020, NY was ranked even better prior to COVID):l

SC #7
NY #24
CA #41

And just to show I am fair, for you GA folks, congrats your state is ranked #23, only slightly more dependent than NY on the federal government.

FAKE NEWS!! SC number 1 Baby!!

 

[CoffeeIsForClosers]

Ha, can’t even carry your own people. Such big debt spending and junk bonds, it’s really quite laughable. Keep printing money, my Bitcoin just keeps making money on inflation

That’s not how Bitcoin works....but go on

 

[PawsFan_]

Ranking states dependency on the Federal government (this is based on 2020, NY was ranked even better prior to COVID):l

SC #7
NY #24
CA #41

And just to show I am fair, for you GA folks, congrats your state is ranked #23, only slightly more dependent than NY on the federal government.

Has ZERO to do with carrying this country financially.

 

[SconnyTiger25]

You are absolutely right.

The definition of insanity is

That’s not how Bitcoin works....but go on

move on... suppose you have no idea what non inflationary currency means, like gold and precious metals, that have a finite supply, BTC absolutely works inverse to inflation, and the US dollar fiat currency continues to inflate due to debt spending and increased circulation, the price of BTC increases against USD. I was in Bitcoin at 5k were you?

 

[CoffeeIsForClosers]

The definition of insanity is

move on... suppose you have no idea what non inflationary currency means, like gold and precious metals, that have a finite supply, BTC absolutely works inverse to inflation, and the US dollar fiat currency continues to inflate due to debt spending and increased circulation, the price of BTC increases against USD. I was in Bitcoin at 5k were you?

I’m very aware of how inflation of the USD effects precious metals. My statement still remains true. What has driven the price of bitcoin to insanely high levels is the increased demand on the asset. Id argue at this point it is more similar to beanie babies in the late 90s than gold or silver. Inflation may have had a small effect but to give it any substantial credit is simply not accurate.

 

[nytigerfan]

Has ZERO to do with carrying this country financially.

Great argument. Compelling, and rich. I’ll put you on the list of people no longer worth my time.

 

[SconnyTiger25]

I’m very aware of how inflation of the USD effects precious metals. My statement still remains true. What has driven the price of bitcoin to insanely high levels is the increased demand on the asset. Id argue at this point it is more similar to beanie babies in the late 90s than gold or silver. Inflation may have had a small effect but to give it any substantial credit is simply not accurate.

Can you carry a beanie baby to any country in the world and withdraw in local Fiat? Did they teach Econ in college recently?

 

[SconnyTiger25]

Great argument. Compelling, and rich. I’ll put you on the list of people no longer worth my time.

Am I on that list? Please please

 

[CoffeeIsForClosers]

Can you carry a beanie baby to any country in the world and withdraw in local Fiat? Did they teach Econ in college recently?

Wouldn’t know. I finished in ‘04. The liquidity doesn’t make it any less of a fad perpetuated by limited supply and promotion by those who have investment at stake.

 

[SconnyTiger25]

Wouldn’t know. I finished in ‘04. The liquidity doesn’t make it any less of a fad perpetuated by limited supply and promotion by those who have investment at stake.

I believe it will hit 80k by years end. With large companies like Apple, PayPal, etc placing large chunks on their balance sheets, I do not see this as a fad. A fad paycheck when I decide to cash out is all I’ll be getting

 

[CoffeeIsForClosers]

I believe it will hit 80k by years end. With large companies like Apple, PayPal, etc placing large chunks on their balance sheets, I do not see this as a fad. A fad paycheck when I decide to cash out is all I’ll be getting

I don’t doubt it. I fully understand how sensationalism works. And just FYI - I am along for the ride.

I remember the cabbage patch craze. Ive studied the tulip bubble. I’ve known people to wait for hours for a fast-food chicken sandwich. I see glorified YouTube videos selling right now for crazy amounts. I’ve seen a beanie baby sell for $22k and last week I saw a series of JPEGs sell using similar technology for $69M. These things all have fundamental things in common. And gold/silver do not currently belong in this group. That’s my original point.

 

[SconnyTiger25]

I don’t doubt it. I fully understand how sensationalism works. And just FYI - I am along for the ride.

I remember the cabbage patch craze. Ive studied the tulip bubble. I’ve known people to wait for hours for a fast-food chicken sandwich. I see glorified YouTube videos selling right now for crazy amounts. I’ve seen a beanie baby sell for $22k and last week I saw a series of JPEGs sell using similar technology for $69M. These things all have fundamental things in common. And gold/silver do not currently belong in this group. That’s my original point.

🤙🏻👍🏻