Coronavirus $2 trillion package could have an even higher cost: Gasparino


94 thoughts on “Coronavirus $2 trillion package could have an even higher cost: Gasparino

  1. So if understand this correctly, Boeing, United, Hotels and Cruise ships get bailouts, but small buisnesses get loans that they then have to pay off during the ensuing depression. WTF!? Does this sound fair to others? Ten trillion in bailouts will be just the start. I see inflation on the horizon . . .

  2. Trump fights two epidemics: the coronavirus and cocaine. The coronavirus grows and cocaine also grows with the help of Graig Fallon to drug trafficker Juan Orlando Hernandez, …..

  3. Greatest deficit ever Obama was a beginner when it comes to creating a deficit, can Trump bankrupt a country like he has done with most of his companies. MAGA

  4. By the time this is over: It'll be a hell of a lot more than $2 trillion. It could be as much as $16 trillion.

  5. Help kids feel less scared! Tell them:
    🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟
    >>> HELPING HEROES MAKES YOU A HERO TOO <<<
    🌟🌟🌟🌟🌟🌟🌟🌟🌟🌟 🌟🌟 🌟🌟🌟🌟🌟🌟🌟🌟🌟
    Drs, First Responders = Heroes

  6. They are all crooks. They're stealing the 2 trillion. The rich are stealing it and leaving the people with nothing. Using virus to start police state. Police state coming!!!! Rise up people!!!!

  7. Bailouts for billion dollar companies…here ya go…πŸ’°πŸ’΅πŸ’°πŸ’΅πŸ˜‘πŸ€¬πŸ˜‘

  8. Dems leaders blocked help, endless lies for votes, fraud, illegal racist bigotry of double standards
    πŸ₯ΎπŸ¦ πŸ‡¨πŸ‡³DEMOCRATS OUT
    πŸ‡ΊπŸ‡ΈTRUMP + REP IN 2020πŸ‡ΊπŸ‡Έ

  9. Democrats are literally committing a "quid quo pro" on Americas peoples well being. They wanted corona to be worse and want us to suffer.

  10. Hopefully Democrats didn't pass their China stimulus package at our expense ? Renewables made in China

  11. Buy your way out. China just made you a New China Trade Deal, and it’s already costing the Economy. Serves you right , Dealing with China is worse than dealing with the Devil.the American people are now slaves to the Economy, how long will this take to pay off. Well I will sit this one out.

  12. As usual Repubs will run up the tab and skip put, then Dems will raise taxes and take all the blame. Same old story.

  13. This stimulus is just a cash grab which will not help workers it claims to help. Millions who were forced to work during the shutdown, were exposed and got sick, and won't get paid time off by employers (mostly contractors), but won't get fired for being sick, will be completely shut out of this stimulus. It's now just a handout to airlines, special interests and sticky fingers.. The unemp only part is a total fail. πŸ˜‘πŸ‘Ž

  14. What you have a problem with Debt. Here let's throw some more DEBT at THE DEBT PROBLEM that should fix it

  15. As necessary as this money is to many families I dont think we can begin to imagine the cost. This bill is 1000 pages long and we have no idea what is in it. The Kennedy center, windmills and perhaps congressional raises may be just the tip of the iceberg. We know the Democrats did not just give in…..we need transparency…we need to know what $ 1200 is going to cost us.

  16. There was no drafting error in the bill. Sen. Durbin explained the unemployment numbers yesterday and admitted it was a restructuring of unemployment benefits going forward. It's a part of the Democratic vision. Break the economy, disempower the average Joe and take control. Global Socialism is their goal. It wasn't an error or an oversight it's deliberate.

  17. Maybe the Government should cut taxes on savings. As of today. You get Zero Interest on it. Hell you end up paying the banks to take your money! All because QE1-2-3-4-5-6-7-8-9 etc.. for the last 9 years..

  18. I hope they don’t spend too much time patting themselves on the back. They should’ve done this a month ago.

  19. Who cares how much it is, its peoples life's and welfare at stake, the media are so horrible wake up people and F these idiots off

    Trump 2020

  20. "He's[Romney] a RINO." Trump is the biggest RINO. Trump changed parties 5 times.
    Article: "IS TRUMP REPUBLICAN? TIMELINE OF PRESIDENT'S SHIFTING POLITICAL VIEWS AFTER HE SIDES WITH DEMOCRATS" by Jason Le Miere Newsweek 9/7/2017

    Ivanka changed parties this year.
    Article: "Ivanka Trump Now Acknowledges: β€˜I’m a Proud Trump Republican’" by Annie Karni NYT 3/2/2020

  21. Where do you get the money if noone lends you money ?
    I mean, the USA are at 106% of their creditline πŸ™‚ the interest on that will be astronimical

  22. The crap being put in by Democrats on fraudulent voting practices will make it easier for them to steal the election.

  23. "Could have" a higher cost??
    Nice dry, understated joke.
    In reality,
    YOU
    YOUR CHILDREN
    YOUR GRANDCHILDREN
    ALL
    Pay back $4000 a year for life, paying INTEREST ONLY on this theft.
    $2 or $10 trillion, will be paid back 5x in Principle, then lifetime interest repayments for generations.
    That is the only design element in a Fiat Monetary System.

  24. They think this is bad? Wait another 15 to 20 when you have 45 percent of AMERICANS unemployed due to Automation

  25. Lol imagine the theft this is going to happen . The cronies are licking their lip's. Will make Obama's bailouts look like romper room

  26. Slow down with your rhetoric. I don't think you are talking some sense at all and I don't believe in any of what you are saying. For me, they are all lies and just mere propaganda of the left.

  27. They talk about the debt, about the money the government will have to spend to support this bill.

    But then, THINK!!! How many years has Congress "borrowed" (STOLEN) money out of OUR Social Security funds, and other savings, for their pet projects, and NEVER paid us back???!!!! And how much money did the demon-crats WASTE of our tax money since the 2016 election, only to try to get rid of Trump???!!! How much did the useless Mueller Report cost us? How much did the fraudulent impeachment trial cost us??? So perhaps this should be called what it really is, a REFUND from all our money Congress took from us!!!!

  28. Just watch, when the actual virus data comes out it will be less deadly than the flu and all of these people will be laughing at how easily they go us to hole up and sell out at least the next 10 generations. Smh. This is ridiculous.

  29. Democrats in congress are running up the national debt with all their irrelevant, useless programs in the bill. Tell me again how the green new deal relates to Corvid-19?

  30. My Boeing stock went threw the roof. Made a lot of money
    Bought MX:BA for 2600 dollars also BA did good. But what made me really wealthy is MX:BA it's projected to go to 6500 dollars. Unbelievable. Thanks Mr. Trump

  31. we're all impressed wall street "sources". Small Business America needs to go back to Work when contagion contained.

  32. The government is going to loan you money they took from you. Government doesn’t have money.. they take it.

  33. Why can't they make a provision that once this disaster is over, unemployment will return to it's regular rate?

  34. πŸ”΄β€œHow you gonna pay for it?β€πŸ€” No questions asked, no β€œbuts”, no town halls meetings, no interviews, just print the money and β€œvoila”, socialism at its best, but in this case as always: only for the richπŸ™„ Of course, we get $1200 each but not all. You know, crumbs, so shut up and fall in line.πŸ€·β€β™‚οΈ

  35. The real cost is going to be destruction of public support for capitalism, at least in the crony form we have post Citizens United, when workers get screwed but shareholders feed at trough of this Porkulus.

  36. Dont matter to me the package made millions of Americans made and trump lost their vote as the people needed the money the most will get nothing he only helping those that filed taxes and poor people alot of people disabled and elderly who dont make enough to file taxes and told not to know will get nothing .shame on you TRUMP

  37. This bailout will have a higher cost. A few trillion dollars and it's the end of America as we know it. Thanks to Trump we have Mad Max ready to take over. Greedy Republicans messed it up again. It's proof positive.

  38. Employees, and Small Business drive Everything, including wallstreeters.
    and we didn't cash in as American Pharma Jobs all moved to an enemy, unregulated country.

  39. Congress knows china will pay for the stimulus once america sues and wins 100trillion dollars. Then congress should do the right thing and allocate half of the settlement to the american citizens who got financially affected by this national shutdown due to wuhan-virus…but not likely to share.

  40. Maybe the central banks can forgive all the debt related to this virus since there money is just fiat currency.

  41. They will now start a war to steal whatever it takes to make up the short fall… it's coming.. higher taxes and war…

  42. The repercussions of this double crisis, are yet obscured. The virus will not be confined to NY,
    Deaths will rise.
    The dollar will weaken on the huge sea of debt. Politicians will muddy the water, in blame.
    Interesting times..

  43. BRILLIANT PRESIDENT WITH HIS BUSINESSMAN INTELLIGENCE & FORWARD THINKING INTINCT MADE AMERICA GREAT VIBRANT COUNTRY AGAIN. MAY BE THE LEFT REPORTERS ARE ALLEGEDLY LOOKING FOR SENSATIONAL REALTY SHOW REPORTING WITH SOUND BITES POTENTIALLY FITS THEIR DAILY NARRATIVES FAVORING DEMS. I THINK WORLD SHOULD CLAM DOWN ON CHINA'S CCP.

  44. AMERICANS THINK THEIR HURTING NOW ??? WAIT TILL THEY SEE WHAT THE REPUBLICANS LET THE COMMIE DEMOCRATS PUT IN THIS BILL…
    BEND OVER AMERICA… YOUR GETTING SCREWED BIG-TIME….

  45. Crony capitalism
    Crony capitalism is an economic system in which businesses thrive not as a result of risk, but rather as a return on money amassed through a nexus between a business class and the political class.

  46. I'm very surprised Gasparino isn't doom and gloom about this. I'll give him credit for that at least. Nobody fully understands how the economy works. What makes people so certain FDR's Keynesian policies were unconditionally bad and Libertarian economics policies are unconditionally good? Both have had times they succeeded, and both have failed us at other times. Nobody really knows how we came out of the Great Depression. Back when I was growing up and the Neocons were on the rise, everyone including all our school teachers was saying it was the war boom. Then in the 0bama years they were saying it was Keynesian "priming the pump." Then the Libertarians said government interventionism lengthened the Depression. Then the Socialists erroneously concluded the New Deal was purely Socialist and they laid claim to saving the economy. Then after 2016 the Republicans claimed we got out of the Depression with a wave of deregulation. Of course everyone seems to forget nobody was sure how to get us out of the Great Depression at the time, so everyone kept throwing different policies at it hoping something would work, and perhaps it was really a combination of elements. And you can't forget there was also altruism from the war effort, and perhaps we have that element supplied now with us banding together to fight the virus. I can't say that I know anything either. We maybe know bits and pieces, like we can say from experience that certain techniques cannot work under certain circumstances but they can under others. But I think nobody is ever fully knowledgeable about the whole at all times. At the very least I'm curious to see what happens as that can give us more information that might give us a better understanding. I am very hopeful.

  47. in my opinion, you don't need $1,000 check, people should be able to apply for unemployment, social security, and food stamps and had the option for direct deposit to your account especially if they put a hold on utilities and rent.

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