Biden’s top economic adviser responds to GOP letter

Director of the National Economic Council Brian Deese tells CNN's Dana Bash that they are open to ideas about economic relief for the coronavirus pandemic.
#CNN #News

46 comments

  1. I love the framing around the checks, did they say that about tax cuts??? Did those companies and rich people do anything with those tax cuts or did they just sock it away in the stock market?

    1. @Kathryn Foster So you’re saying that 2.6 is larger than 4? Did I read that right? Now you why I think people are stupid šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚

    2. @Lynda Koers The shovel ready jobs never materialized, that was all propaganda for the low-IQ Sheep. What did materialize was a bunch of illegal kickbacks to Democrat unions via the taxpayer dollars. That’s pretty much what that entire program consisted of. It was a massive fraud and a complete failure.

    3. @Chadillac so your source is literally ā€œthe entire internet?ā€ Well played, cant argue with that logic.

    1. I agree with you also I would like to see a permanent change on healthcare to having free healthcare for all and that is what Sweden has as well as they also have in their charter and their constitution equal suffrage for all there no really heavy rich people that I know of in Sweden if Iā€™m wrong let me know but I like Sweden a lot more right now than our own country because of the republican party that are making things very difficult and hard for all of us

    1. @0errab0
      What do you think refusing to deport 10’s of thousands of murders, rapists and pedophiles is going to so for Americans.
      What do you think driving up the price of energy, gas, oil ect is going to do for Americans?
      How can America possibly afford to help Americans in need when millions more come to America because Biden ended deportation and promised to give them free healthcare, food, housing ect.
      Liberals make universal healthcare impossible because they demand non citizens be covered too. Big Business want the cheap labor and big business donates to dems 8 to 1.

    2. @Sunny
      Biden kept Trumps entire Covid team.
      So Trump is incompetent? What does that make Biden? He had all year to study the problem, pick a team , think of things to do differently. And after a year of bitching about what Trump did he is changing absolutely nothing. And you think he is a genius for it…rotflmao
      I guess you Dems would have preferred a national shut down for a year no exemptions.
      Its a virus, the government cant save you.

  2. The most important thing he said was that the stock market is not indicator of the overall economy, it isn’t and never has been.

  3. that expenditure of the stimulus is a particularly interesting one, and definitely need to be noted from this little “forced experiment” we are all living through right now.

    1. Because other people besides Joe Public are listening in — people involved in the negotiation. He has to be careful what he says otherwise he could tie Biden’s hands.

    2. @Peter Fraser The fact that these people have to skirt around Biden policy says alot about his policies validity. Just speak plainly like they did in the campaigns “hell yeah we are coming for your guns” and “yes we will ban fracking” see it’s easy

  4. Yes, letā€™s stimulate the economy by eliminating low-end jobs (ala kiosks at McDonaldā€™s). Good plan.

    1. don’t worry all it means is that the burgers will cost more. i remember back in 2012 a mcchicken only cost $1 and then 2 years later is was $1.05 and now it’s almost $2 and my states minimum wage has gone from $7.25-$12 with our federal minimum being $11.25 and state being $12 means the employers have to pay $12 as the greater one is the one that needs to me paid.
      my tax has ofcoz also gone up since now you make more money then before i used to pay about 220 for a 90 hours paycheck now it’s about 280 for a 90 hours paycheck

      also this doesn’t take into acc that mcdonalds for most employees already pays slightly more then minimum wage as a “bonus” in the first check and alot of other places do that also for the first check of the month nothing significant but it adds up

      so the only real thing 15 will do is increase the cost of the food and more money to be taxed and less people qualify for govt programs which means according to the govt they earn enough. hours may also be cut but that would most likely be compensated with the higher wage which would again bring us back to status quo but on the booking the wage will be higher.

    2. What happened to fast food being affordable? Now the ones who are under the income bar canā€™t even afford fast food. This is what increasing minimum wage does.

    3. @Aurelia Waldorf what whos out here not able to afford FF?
      idk if people know but if you’re going to be spending over $13 on FF and short on case you might as well goto winco foods and get their 12 piece picnic pack which has 12 pieces of chicken with 2 sides and usually some hawaii buns. it’s usually enough to last in my family of 6 for one whole meal but most times it last 2 days as theres always something else to eat so if you have 6 people needing to be fed don’t goto FF restaurants when short on budget

    1. @Jack Thompson No, because Trump did very serious damage to this country and we’re absolutely gonna nail him for it. That’s a promise.

  5. That’s all there talking about a hand out with more illegal aliens and job cuts I’m still a black man………..

  6. For some reason I started to have a feeling that her questionsā€™ narrative was about Wall Street and she really dropped the: What about Wall Street… Game Stop….

    1. Disappointed in CNN in general for this coverage, but especially this interview. If those hedge fund managers were willing to take those risks why should we care? Why should we be willing to create regulations around ā€œmom and popā€ investors who are the ones constantly getting ripped off by the way those funds play with money? I say let them deal with their own mess. They understood the risks to a greater capacity than any typical investor. If they fail then newer, more clever, and better funds will replace them. No one would even look sideways at this if reddit bets was a ā€œproperā€ hedge fund, and thatā€™s what really kills me on all this.

    2. As the dude said, it has nothing to do with whats going on in the greater economy, the gamestop saga is a sidequest compared to unemployment, vaccines, and repoening schools.

  7. 15 dollar thatā€™s terrible we will lose thousands of small business the minimum wage is a state issue not federal

  8. Who cares if there is compromise on this. I wish they would just say this is one thing we WONT compromise on and take the fuel away from the nit picking about it

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