The Shining City Upon a Hill
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Re: The Shining City Upon a Hill
Reading Required Understanding YOUR Problem
I am pretty sure any state that doesn't want the money can return it.
So how much is Your state returning?
Money to reopen schools?
Money to help small businesses?
$1,200.00 checks ?
Child tax credit?
Speed up Vaccines?
PPE supplies?
Who like Cuomo lied about COVID related deaths. Seems to be a trend with dimwit governors.
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Re: The Shining City Upon a Hill
Leslie Marshall: Biden'''s Top 10 achievements after just 50+ days in office | Fox NewsComment
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Re: The Shining City Upon a Hill
LOL!! Pot, meet kettle. HahaComment
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Re: The Shining City Upon a Hill
The Reps hate things like this because there is very little help for the billionaires.Comment
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Re: The Shining City Upon a Hill
The checks are for everyone, not the senior and are a one time shot. No additional SSI, maybe we need to file for unemployment.
Speed up vaccines? You mean that they feds have been obstructing the distribution. I thought we live in a free America, not Canada.
Priority for vaccines has been there right from the get go of vaccine release in most if not all states. It is after all the states who set their own standards.
I thought they pushed it trough without Republican support. The final vote in the Senate was 50 yes 49 nay with Republican Sen. Dan Sullivan absent because of a family emergency so VP Harris did not have to break the tie.Senate passes $1.9 trillion Covid relief bill, including $1,400 stimulus checks, with no Republican support
Now what is your next lie?Comment
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Re: The Shining City Upon a Hill
ICrowd becomes destructive outside federal courthouse in downtown Portland; officers deploy tear gas
The crowd gathered shortly after a fence surrounding the courthouse on Southwest Third and Main Street was taken down for the first time since last summer.
The demonstration began around 8:30 p.m. outside the courthouse on Southwest Third Avenue and Main Street, shortly after the fence surrounding the courthouse was taken down for the first time since last summer.
When the courthouse doors were being boarded up, tensions between people and federal officers there erupted. This started a chain reaction of civil unrest and destruction Thursday night, leading authorities to deploy tear gas.
Shortly after 9 p.m., independent journalists tweeted images of smashed windows, burning flags and walls of the courthouse spray-painted with graffiti. A KGW photographer witnessed federal officers using tear gas and projectiles to control the crowd.
Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Re: The Shining City Upon a Hill
This should be interesting. Is Cuomo stepping down?
BREAKING NOW: New York Governor Andrew Cuomo to Make an Announcement at 1PM
Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Re: The Shining City Upon a Hill
President Joe Biden was slammed online during his first primetime address where he spoke about the coronavirus pandemic. This comes as Biden continues to refuse to hold a solo press conference and has now gone more than 50 days without holding one, the longest of streak of hiding from media accountability of any president over the last 100 years.
Daily Caller
@DailyCaller
BIDEN: "If we do our part... by July 4, there's a good chance you, your families, and friends will be able to get together in your backyard or in your neighborhood and have a cookout or a barbecue and celebrate Independence Day... Small groups will be able to get together"
IF you are stupid enough to cower to the government, you will live your life in fear and will never be able to stand on your own feet. You will become a prisoner in your own house. ENOUGH IS ENOUGH!Comment
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Re: The Shining City Upon a Hill
...the news just keeps getting better for the USA every day!
After President Biden's stimulus, US economic growth could rival China's for the first time in decades!
For decades, China's economy has grown much faster than America's. That trend is likely to be broken in 2021 as the US recovery from the pandemic gains momentum.
Economists are swiftly upgrading their US growth forecasts as Covid vaccinations accelerate and after Washington enacted a $1.9 trillion stimulus package that is far larger than many thought possible just a few months ago.
Goldman Sachs is calling for 2021 US GDP growth of 6.9%, the fastest since 1984. Morgan Stanley is even more bullish, predicting 7.3% growth. That would surpass the Chinese government's humble target of 6%. More importantly, these Wall Street estimates for the US' pace are not far from the 8.4% consensus forecast for China among economists polled by Refinitiv.
All of this means that US GDP growth could rival or perhaps even surpass that of China. This would be a remarkable achievement because the United States is a much more mature economy — and was blown away by China's explosive growth out of the Great Recession."We're going to be in the ballpark — and I think the US will most likely be the leader," said Joe Brusuelas, chief economist at RSM.
For average Americans, this optimism signals a stronger jobs market and better prospects for prosperity after a dreadful 2020. Morgan Stanley expects the US unemployment rate will drop below 5% by the end of this year and below 4% by the end of 2022.
China has beat the US every year since 1976
The last time the two countries' growth rates were even somewhat close was during the dotcom boom. In 1999, the roaring US economy grew at 4.8% and China expanded at 7.7%, according to the World Bank.
The United States hasn't surpassed China's GDP growth pace since 1976, World Bank stats show.
'The global locomotive'
Still, 2021 looks to be the year when the United States replaces China as the biggest growth driver on the world stage, at least temporarily.
Oxford Economics expects the US contribution to 2021 global growth to be stronger than China's — something that hasn't happened since 2005.
Georgia was a game-changer
The $1.9 trillion American Rescue Plan is a major factor behind the optimism.
After President Joe Biden's election in November, many economists thought a divided Washington would only be able to agree on a relatively modest stimulus package in 2021.
However, that calculation began to change after Democrats retook the Senate in January by sweeping the runoffs in Georgia. That opened the door to passing party-line legislation to boost the economy.
The day after the Georgia races were called, Goldman Sachs upgraded its GDP growth forecast to 6.4%, up from 5.9% previously and well above the consensus of about 3.9%. Goldman Sachs predicted $750 billion in fiscal stimulus in February or March.
In reality, Washington ended up enacting a far larger stimulus package of $1.9 trillion, featuring $1,400 stimulus checks, enhanced unemployment benefits, larger child tax credits and $350 billion in aid to states and local governments.
Reopening hopes are on the rise
Beyond the rescue from Uncle Sam, the economic outlook is getting a boost from serious progress in defeating the pandemic. The acceleration in the rollout of vaccines, along with plunging deaths and cases, is raising hope that health restrictions depressing the economy could be lifted earlier than expected.
And that should unleash enormous pent-up demand among Americans to eat at restaurants, go to the movies, stay a hotels and hop on planes.
Many consumers have stocked up cash waiting for just this moment.
Morgan Stanley estimates US households have built up $2.3 trillion in excess savings — money that can be drawn down as the economy reopens.
The total size of the US economy is now on track to reach its precrisis level by the end of March, Morgan Stanley said.
"Reopening is progressing, the rate of vaccinations is ramping and the labor market is gaining momentum," Morgan Stanley economists wrote.
Comment
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Re: The Shining City Upon a Hill
...the news just keeps getting better for the USA every day!
After President Biden's stimulus, US economic growth could rival China's for the first time in decades!
For decades, China's economy has grown much faster than America's. That trend is likely to be broken in 2021 as the US recovery from the pandemic gains momentum.
Economists are swiftly upgrading their US growth forecasts as Covid vaccinations accelerate and after Washington enacted a $1.9 trillion stimulus package that is far larger than many thought possible just a few months ago.
Goldman Sachs is calling for 2021 US GDP growth of 6.9%, the fastest since 1984. Morgan Stanley is even more bullish, predicting 7.3% growth. That would surpass the Chinese government's humble target of 6%optimism signals a stronger jobs market and better prospects for prosperity after a dreadful 2020. Morgan Stanley expects the US unemployment rate will drop below 5% by the end of this year and below 4% by the end of 2022.
China has beat the US every year since 1976
The last time the two countries' growth rates were even somewhat close was during the dotcom boom. In 1999, the roaring US economy grew at 4.8% and China expanded at 7.7%, according to the World Bank.
The United States hasn't surpassed China's GDP growth pace since 1976, World Bank stats show.
'The global locomotive'Georgia was a game-changer
The $1.9 trillion American Rescue Plan is a major factor behind the optimism.
After President Joe Biden's election in November, many economists thought a divided Washington would only be able to agree on a relatively modest stimulus package in 2021.
However, that calculation began to change after Democrats retook the Senate in January by sweeping the runoffs in Georgia. That opened the door to passing party-line legislation to boost the economy.
The day after the Georgia races were called, Goldman Sachs upgraded its GDP growth forecast to 6.4%, up from 5.9% previously and well above the consensus of about 3.9%. Goldman Sachs predicted $750 billion in fiscal stimulus in February or March.
In reality, Washington ended up enacting a far larger stimulus package of $1.9 trillion, featuring $1,400 stimulus checks, enhanced unemployment benefits, larger child tax credits and $350 billion in aid to states and local governments.
Reopening hopes are on the rise
Beyond the rescue from Uncle Sam, the economic outlook is getting a boost from serious progress in defeating the pandemic. The acceleration in the rollout of vaccines, along with plunging deaths and cases, is raising hope that health restrictions depressing the economy could be lifted earlier than expected.
And that should unleash enormous pent-up demand among Americans
Plenty of money going overseas.
How the hell does that help US citizens? IT DOESN'T!
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Re: The Shining City Upon a Hill
You keep throwing that number out with no corroboration.
Here is where the money is actually going.
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