How can @SecretaryRoss be so clueless? Federal workers who are running out of money after missing 1-2 paychecks are exactly the same people likely to be already in debt and thus poor loan risks to whom banks won't want to issue loans. https://nypost.com/2019/01/24/wilbur-ross-asks-why-furloughed-workers-arent-taking-out-loans/ …
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For such people, their back pay, when it is finally given to them, is likely to be largely (or completely) spoken for paying bills and buying the necessities of life, with none left for collateral or a new loan payment!
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Replying to @gorskon
The answer is right in the headline: he "doesn't understand". He thinks money just comes from banks by snapping your fingers, because for him that's always been the case. Literally, no clue how real people live.
#LetThemEatCake1 reply 0 retweets 1 like
I'm fortunate & privileged enough that I've accumulated sufficient savings to go > a year without a paycheck if I had to, and then if things got really dire I could break into my 401(k) and go quite a while longer. Yet even I understand what bullshit @SecretaryRoss is spewing.
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