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2020 stimulus is turning into the 2009 corporate ripoff with the help of your government.

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The bailout sounded great. But just like 2009, the spoils continue to move to the top. We discuss what we must do going forward.

COVID

Stephanie Ruhle made an important point about the Trump bailout stimulus. The big businesses will get bigger as the small businesses disappear. COVID must be transformational.

One can make large structural changes when economies take the kind of hit the world economy is taking. Things get so disruptive that one has to institute policies that fix things immediately as one rebuilds.

The thing is, only the voices that demand to be heard are listened to. They are the ones that dictate both the short term and long term solutions. The thing is that the short term solutions can lay the path for the ultimate long term outcomes.

Notes:

The COVID pandemic has another hero.

We need Medicare for All

I want your stories. Have you had issues with your healthcare coverage? Have you had billing issues? Did you feel like your insurance company was trying to pull one over on you? I am interested in every story you have with regards to healthcare. Drop me a line at info[@]politicsdoneright.com. Let’s make Medicare For All a reality.

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‘No Excuse for This’: House Dems Unveil 1,815-Page Bill That Would Bail Out Corporate Lobbyists But Omits Key People-First Priorities

“Democratic leadership has had plenty of input from progressive thinkers over the past couple of months. They just care more about the input from corporate lobbyists.”

“Democratic leadership has had plenty of input from progressive thinkers over the past couple of months. They just care more about the input from corporate lobbyists.”

While there is much in the bill that progressives support, observers who combed through the nearly 2,000 pages of legislative text were quick to highlight sections and omissions that they deemed unacceptable.

The bill, which the House is expected to vote on as early as Friday, does not contain recurring direct cash payments, a paycheck guarantee, cancellation of rent and mortgage payments, or expansion of Medicare to cover the rapidly growing number of unemployed and uninsured Americans.

The legislation does, however, propose an expansion of Paycheck Protection Program (PPP) eligibility to include corporate lobbying organizations—which aggressively pushed for the change—and a bailout for landlords.

“Democratic leadership has had plenty of input from progressive thinkers over the past couple of months. They just care more about the input from corporate lobbyists,” tweeted HuffPost senior reporter Zach Carter. “There is just no excuse for this.”

Instead of expanding Medicare as progressives recommended, the HEROES Act “funds approximately nine months of full premium subsidies for the existing health insurance program COBRA, which allows laid-off or furloughed employees to stay on their health insurance plans,” Vox’s Ella Nilsen and Li Zhou reported.

Progressives have vocally criticized the COBRA proposal as a mere subsidy to the private insurance industry that would not be nearly as beneficial or cost-effective as the emergency Medicare expansion proposed by Sen. Bernie Sanders (I-Vt.) and Rep. Pramila Jayapal (D-Wash.).

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