February 8, 2021

COVID Stimulus

“The Senate early Friday passed a budget resolution that kicks off the special reconciliation process Democrats are using to pass a new round of Covid relief. The resolution passed in a 51-50 party-line vote just after 5:30 a.m. ET, with Vice President Kamala Harris casting one of her first two tie-breaking votes to help Democrats approve the measure.” NBC News

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From the Right

The right is critical of the stimulus proposal.

From the Left

The left supports the stimulus proposal.

The left supports the stimulus proposal.

A libertarian's take

“Whatever it is you think of when you hear the words ‘people who are hurting,’ I suspect it does not include two-earner families with stable jobs making $120,000 a year. Yet that's who Biden's plan would help… It is certainly possible to be in a precarious financial position, to feel financially strapped and stretched, with six figures in earnings, and COVID-19 has exacerbated some challenges for families, particularly where schooling is concerned. But [a] hypothetical $120,000 family is not struggling to afford enough food…  

“This is a hospitality recession that has had devastating effects on a class of relatively young, relatively low-income service workers—but not on two-income families currently earning $120,000 a year… Biden has said he might be willing to negotiate the household income thresholds for the checks he plans to send out, though he is not willing to budge on the amount of those checks. But the fact that this is where he started shows the flaw in Democrats' insistence on going big for the sake of bigness.”
Peter Suderman, Reason

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