Sam Seder
@TheMajorityReport·2M subscribers·30.1K videos
Mark Meadows Desperately Tries to Convince Fox & Friends That Trump Isn't An Idiot
Posted
October 8, 2020
Views
59,257
Likes
1,400
Comments
184
Engagement
2.67%
October 8, 2020
59,257
1,400
184
2.67%
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10:44Now PlayingDonald Trump goofed pretty bad...and now the rest of the Republicans have to clean it up. Sam Seder and the Majority Report crew discuss this.
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The President's Twitter account sent markets on a roller coaster ride, with a sharp drop at Tuesday's close, only to be followed by a tangible pre-market bump. Aides on Capitol Hill similarly had no idea where, exactly, the President sits on stimulus at this moment. But all agree that actual substantive bipartisan negotiations, which were already in a tenuous place, are done for the moment.
Bottom line: The market, based on Wednesday morning, has no idea what it's doing. The reality, contrary to Trump's backtrack tweets, is that bipartisan stimulus talks are dead. There may be fits and starts of efforts to move piecemeal legislation in the next few weeks, but Democratic leaders have rejected that pathway repeatedly.
What it all means: For millions of unemployed or underemployed people, for small business owners barely hanging on, for airlines cutting tens of thousands of jobs, for a decimated service sector, federal help is not coming any time soon.
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