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Don't lose the "Biden administration" context. The majority of Covid debt originated prior to January 20th 2021, and with a GOP majority in the Senate. Of the
by smileysteve 4y ago
Don't lose the "Biden administration" context.
The majority of Covid debt originated prior to January 20th 2021, and with a GOP majority in the Senate. Of the $1400 stimulus sent to individuals, the previous President, the previous Senate Majority Leader, and the 2 incumbent Senate candidates (that didn't win) each campaigned on the equivalent of the $1400. The previous administration is also on record as rejecting audit measures for the Payment Protection Program. The previous administration nominated the fed chairman that increased the federal reserve balance sheet and tools well beyond 2008-2009, while also not adjusting the pace despite the federal stimulus above (and other stimulus until Fall 2021)