No Easter Parade for NYC, but maybe for others

As I wrote Tuesday, President Trump trying to resurrect the US economy is looking at Easter for a turning point.

In his daily news conference yesterday Trump cite the Christian holy day on April 12 as a good marker to unburden parts of the US to the self-imposed coronavirus shutdown.

However it will take more than a miracle for that to happen here in New York City where the infection rate is soaring compared to the rest of the country . On Wednesday, New York Governor Andrew Cuomo said 30,811 people have tested positive for the virus and more than 285 deaths have been recorded due to the coronavirus.

On Capitol Hill the Senate hammered out the $2 trillion Covid-19 stimulus package bill to aid an economy amid the crisis. Senate Majority Leader Mitch McConnell said the vote on the bill will happen Wednesday in both houses of Congress.

However, it would not surprise me in the least if House Speaker Nancy Pelosi were to throw a monkey wrench into the proceedings.

The Senate bill includes sending checks to millions of Americans, up to $3,400 for a family of four and a $367 billion program for small businesses loans to small businesses.

Wall Street appears to be behind the aid package after posting a record high advance on Tuesday of 2,113 Dow points or 11.4% gain, Dow futures are up another 750 points or 3.6% on the news.

2 thoughts on “No Easter Parade for NYC, but maybe for others

  1. Thanks, Mike, for your continuing info!! For 3 days I watched Jason Goodman do his “walks” around NYC & to the Javit’s Ctr. & saw no sign of panic or sense of urgency. How is one to know what is REALLY going on??? Cuomo is the one who fought C.A. Fitts when she was trying to bring some sense of responsibility to HUD. I would say, We The People are tired of these corrupt politicians who keep bleeding the “Delorables” & filling their own pockets!! Who knew that our tax dollars were going towards a program of circumcising men & boys in Africa???!!!! I mean, C’mon Man!!!

    Like

  2. The population has been whipped into a frenzy by politicians a grasping media heads through a top down campaign of hysteria which has not been coordinated as a conspiracy but which has been recognized as a fine opportunity for self aggrandizement by our endemic predator class of which the Cuomos are one of our leading families.
    This is degenerate demagogic politics of the worst sort.
    The number of people who have died may or may not be sad circumstances for individuals not to be dismissed but are insignificant systemically in countries that host tens of millions of chronically ill people whose personal health has been shattered by long standing conditions which themselves are life threatening,
    The economy supports everyone’s’ lives especially that of the chronically ill so it must be turned on for full operations. The weaker the free falling economy becomes the more chronically ill will be triaged and left to it.

    Liked by 1 person

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