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Pelosi's stimulus package is 1100+ pages of pure unseriousness.

Industry loans conditioned on PERMANENT paid leave, $15 minimum wage, ban on buybacks, executive compensation cap, and industry emissions standards.

This is NOT the time to push a permanent political agenda.
Members on both sides recognize the need to strengthen oversight and conditions on industry bailouts. But this is ridiculous.
Hearing from Senate Democrats that they don't even take it seriously. Focused on improving the Senate bill. Sideshow confirmed.
lmao... Page 725 cancels all of the US Postal Service's $120 billion debt and gives them $15 billion in guaranteed loans. Cus why not? @RossAMarchand
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More from @hamandcheese see all

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Samuel Hammond 🌐🏛
@hamandcheese
Could manufacture of rudimentary ventilators be ramped up? In principle, all you need is a one way valve, resuscitation bag, and an energy source. Someone could probably code up a Raspberry Pi to regulate it with a patient's breathing. Not FDA approved but so what.
Here's a book on the basics of ventilator design. In the 70s they used to be mechanical in a way normal clinicians could repair. Today automated ventilators have multiple microprocessors and require trained biomedical engineers to maintain.
accessmedicine.mhmedical.com/content.aspx?b…
Here are schematics for a 3D printed ventilator, $100 total production cost. HT @tjl
gitlab.com/TrevorSmale/lo…
Read 7 tweets
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Samuel Hammond 🌐🏛
@hamandcheese
Because it's all I can think about, I wrote up the five national policy responses to #COVID2019 that I believe should be moved immediately. [thread] medium.com/@hamandcheese/…
Note I'm an economist, not an epidemiologist. I'm writing from the premise that this epidemic is going to get much worse in the weeks and months ahead, but it's not my place to say. I defer to infectious disease experts and so should you.
That said, from a *policy* perspective, the U.S. government’s response to COVID-19 has so far left a lot to be desired. The virus has further cascaded into an economic crisis, raising the risk of a recession—if we're not already in one.
Read 11 tweets
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Samuel Hammond 🌐🏛
@hamandcheese
It's striking how the left and right's analytical framework has flipped.

The left (@ezraklein) analyzes polarization via noncognitive psychology, long the conservative / anti-rational approach.

The right (Lind, Caldwell) analyze in terms of materialism, ideology, & class power.
@ezraklein Ironically this trend may be downstream of the left's pretense to reason and empiricism. The last two decades have been boom years for academics working in moral psychology, social psych, neuro and behavioral econ, and the pop-sci books they spawned. All deeply noncognitivist.
@ezraklein The performative contradiction involved in reasoning your way to the impotence of human reason is rarely noted. "Haven't you heard about that one split brain experiment? Or the one where people were grouped into arbitrary teams and began hating each other? Scary!"
Read 5 tweets

Related threads

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Mondo Lopez
@mondolopez2
🇺🇸Pelosi CoVID-19 Bill🇺🇸
Please tell me EXACTLY what anyone of these has to do with CoVID-19 aid?

- Bail out the post office💥
- Pay off some portion of college loans
- $2,000 for every American
- Limit ICE and border patrol💥
- Publish corporate pay stats by race💥
1)
- Permanent paid leave
- Mandate federal minimum wage $15
- Rescued companies must abide by the Democrat rules
- No voter ID and anonymous ballot harvesting💥
- Require early voting, online registration, vote by mail, and same-day voting (voter fraud?)
- Provide cash 4 unions
2)
 - Full offset of airline emissions
- Climate change study on aviation
-Restricting colleges from providing information about illegal aliens
- Money for Planned Parenthood💥
- Publication greenhouse gas emissions for flights💥
- Double the endowment for the arts to $300 million
Read 11 tweets
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Pouissant
@Pouissant1
So Pelosi & Schumer TRIED to put this into the COVID Bill-

According to a source close to the process on Capitol Hill, in order to move forward with any kind of relief package, Pelosi and her far-left Democrat caucus will demand the following be included:
-Publication of corporate pay statistics by race and race statistics for all corporate boards

-A bail out on all current debt at the Postal Service

-Required early voting

-Required same day voter registration

-Provisions on official time for union collective bargaining
-Full offset of airline emissions by 2025

-Publication and reporting of greenhouse gas statistics for individual flights

-Retirement plans for community newspaper employees

-Federal $15 minimum wage
Read 4 tweets
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Jewhadi™
@JewhadiTM
Here is the Far-Left Wish List @SpeakerPelosi Blew Everything Up For townhall.com/tipsheet/katie…
Publication of corporate pay statistics by race and race statistics for all corporate boards

-A bail out on all current debt at the Postal Service

-Required early voting

-Required same day voter registration

-Provisions on official time for union collective bargaining
-Full offset of airline emissions by 2025

-Publication and reporting of greenhouse gas statistics for individual flights

-Retirement plans for community newspaper employees

-Federal $15 minimum wage

-Permanent paid leave

-Study on climate change mitigation efforts
Read 4 tweets
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Tom Cotton
@SenTomCotton
Families and businesses need help now to survive the China virus pandemic. But @SpeakerPelosi walked away from negotiations to write her own bill, full of absurd provisions completely unrelated to the crisis at hand. Here’s what Speaker Pelosi is demanding while Americans suffer:
1. Corporate pay statistics by race and race statistics for all corporate boards at companies receiving assistance

2. Bailing out all current debt of postal service

3. Required early voting

4. Required same day voter registration

5. 10k bailout for student loans
6. For companies accepting assistance, 1/3 of board members must be chosen by workers

7. Provisions on official time for union collective bargaining

8. Full offset of airline emissions by 2025

9. Greenhouse gas statistics for individual flights
Read 5 tweets
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EconomicTimes
@EconomicTimes
No complete #ban on #firecrackers: Supreme Court
» SC to regulate sale of firecrackers
» Crackers with less emission allowed
» Sale only by licensed traders
» No online sale of crackers
» SC refuses to direct blanket ban on the sale of #firecrackers
» Only #GreenFirecrackers will be sold which is less polluting
» SC restrains eCommerce websites like @amazonIN and @Flipkart from selling #firecrackers
@amazonIN @Flipkart #SCFirecrackersVerdict:
Bursting #firecrackers allowed on #Diwali for 8 PM-10 PM
For #Christmas and #NewYear, cracker bursting allowed for 11.55 PM - 12.30 AM
Read 5 tweets
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Danger Close USA
@DangerClose_USA
Minimum Wage: My argument for why it needs to be raised and the tough love it will take for businesses to adopt the increase.

1. The Poverty Level Cost of Living is above that of a minimal wage earner. Has been since late 2008 - 2018.
#2 #TrickleDownEconomics doesn't work. Not when the costs of living are higher than the earnable income of a working poverty level family.
#TrickleUpEconomics works because the minimal earners can beat the minimal expenses of a POVERTY level AMERICAN FAMILY. (caps for a reason)
The AU Fair Work Commission has handed down it's annual ruling on Australia's minimum wage, raising it by 2.4 per cent to $672.70 a week. It means an extra $15.80 per week for the 1.8 million workers who are paid the minimum wage. This equates to a minimum hourly rate of $17.70
Read 11 tweets

Trending hashtags

#firecrackers #Warley #Remainernow #Leave #Devonport #Brexit #TrickleUpEconomics #Pelosi #Swindon #Ukraine #Carmarthen #Iraq #Norwich #Coventry #Slough #Eltham #Resistance #Firecracker #voteonthedeal #MAGA #Mueller #impeachment #Birkenhead #bregretter #SaudiArabia

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