Moderate Left Bias
This article has moderate left bias with a bias score of -66.12 from our political bias detecting A.I.
Former Washington Journalist
Contributor on The Bipartisan Press
Hover to Expand
The federal response to the economic fallout from the novel coronavirus pandemic has been so far inadequate for average Americans, and by not embracing further stimulus, Donald Trump will be seen as a latter day Herbert Hoover, according to Sen. Ed Markey (D-Mass).
Tens of millions of Americans have been thrown out of work because much of the US economy has been shuttered due to the state stay-at-home orders and lockdown conditions in place to try to slow the spread of the virus, which has killed 82,555 Americans.
So far Congress and Trump have only approved a single $1,200 per adult stimulus payment.
“Obviously there has been a complete underestimation of the magnitude of this problem right from the get-go by the Trump administration. They continue to downplay it, they continue to leave the misimpression that it is going to be something that will be relatively brief. It’s very clear now that it won’t be,” said Markey. “This is going to go on for a long time. Their own [Federal Emergency Management Agency] analysis indicates that 3,000 persons a day could be dying by June 1. This is going to be something that requires a systemic and massive intervention by the federal government to keep families alive and to keep businesses alive. And what we’ve been doing so far is insufficient to the magnitude of this problem, which is why Bernie Sanders and Kamala Harris and I are introducing legislation to say that per month, every individual should receive $2,000, a couple $4,000 a month, and each child $2,000 per month, up to three children in the family.
“We have to get the resources into the hands of the families, of the workers so that they have the economic life raft to make it through this health care crisis,” Markey added. “And we have to think back to Herbert Hoover in denial all the way up to 1932. When FDR came in, he began to put together solutions that were the match for the problem. Well, Trump is just the latter day Herbert Hoover. And so we just have to basically say it’s a crisis that’s only been seen by the Great Depression.”
Herbert Hoover was the Republican US president at the advent of the Great Depression nearly a century ago. He was blamed for being not adequately responsive to the crisis and was defeated by Democrat Franklin D. Roosevelt in 1932.
“If that’s case, we need a Rooseveltian level response which we put in place, and that’s what we’re proposing in terms of the aid we’ll give to individuals all across our country until we come out on the other side of this crisis,” Markey said.
Content from The Bipartisan Press. All Rights Reserved.