$900 Billion Spending Bill – This is Fine

Why did we even have an economy in the first place?

We could have just printed trillions of dollars and let everyone stay home and do nothing!

CNBC:

House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer on Wednesday urged Senate Majority Leader Mitch McConnell to use a $908 billion bipartisan coronavirus stimulus plan as the basis for relief talks as Congress scrambles to send aid to Americans before the end of the year.

In a joint statement, the Democratic leaders endorsed a more narrow aid approach than they have previously. The California and New York Democrats had insisted on legislation that costs at least $2.2 trillion.

“While we made a new offer to Leader McConnell and Leader McCarthy on Monday, in the spirit of compromise we believe the bipartisan framework introduced by Senators yesterday should be used as the basis for immediate bipartisan, bicameral negotiations,” Schumer and Pelosi said.

McConnell quickly shot down the bipartisan plan after its release Tuesday. He has endorsed only about $500 billion in spending in a new package.

Democratic House Majority Leader Steny Hoyer, D-Md., was set to speak to McConnell on Wednesday about a pandemic relief measure. Earlier, the No. 2 House Democrat told reporters he hopes the parties can strike a deal by the end of the weekend and pass it by next week.

That would require a quick compromise amid lingering disputes over key issues. McConnell signaled Tuesday that he wants to tie aid to a government funding bill Congress needs to pass by Dec. 11.

In a possible sign that Democrats could agree to link coronavirus provisions to a spending measure, Hoyer said Wednesday that he wants to finish legislative business in the House by the same date.

“The need is great, it is immediate, it is urgent and I think we certainly have the capacity to act,” he said. “By the way, Sen. McConnell agrees on that.”

There is nothing that can possibly go wrong if we just keep printing trillions of dollars. The issue is, no one ever thought of this before.

It’s a shame, because printing trillions of dollars could easily have saved the economies of countries like Zimbabwe, if they had thought of it.

The one thing I’m worried about with this bill is that Indians and Moslems won’t get enough money.