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Just got off the phone with WH Economic @StephenMoore.
He says walking away from negotiations was "a gutsy move by Trump" and that POTUS is essentially saying "I'm not going to bankrupt our country."
Pelosi’s price tag was too high. That $2 trillion, he says, could've eliminated ALL income tax for a year. The Q he asked WH: “All this stupid spending on unemployment insurance and aid to states and stuff like that would be better than just nobody paying income tax for a year?”
Fiscal conservatives haven't won alot in this WH. They did today. Moore says the move was "heroic" because the easy thing to do would've been "to spill all this money into the economy now and you'll get short term rewards but I think he's looking at the future of our country."
Read this tweet to Moore who chuckled.https://twitter.com/esaagar/status/1313562487665684482?s=20 …
If you’re trying to make it make sense don’t even attempt to. It’s a waste of time and energy that could be placed somewhere else.
They're basically prolonging the recession and potentially 'w'ing it. And hitting small business owners hard as well as minority workers (both disproportionally affected by current crisis for different reasons). Pennywise and pound foolish, Moore is
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