Sponsored Content




Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!



Recent Entries
Absent Friends
Bandersnatch
GnuBreed 2024
Captain Hate 2023
moon_over_vermont 2023
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info:
maildrop62 at proton dot me
Cutting The Cord And Email Security
Moron Meet-Ups





















Racist Washngton Post Reporter Circles Face of Trump's Chinese Secret Service Agent, Noting Trump Was on Way to Coronavirus Briefing;
Then He (Of Course) Lies About the Strange Racist Joke He Was Making
| Main | Hunter Biden: I Cannot Come to the Deposition About How Much Child Support I Owe Because of... Coronavirus
March 10, 2020

Dow Finishes Day at +1067 (Where's Kurt?);
Trump Pitches 0% Withholding Tax for Rest of Year, to Ease Economy Through Virus Shock

Wow, a thousand point surge.

I'm going to guess the media will name this The Joe Biden Rally 2.0.

Why did it jump so much?

Well, probably partly due to people figuring out that the media is deliberately trying to cause a panic based on a virus that, while dangerous for some, is probably going to turn out to be the Y2K of pandemics.

But also partly due to Trump's proposal of a payroll cut:

Stock markets rally, with Dow surging 1,000 points at closing bell

Markets rallied after reports President Trump is considering a permanent payroll tax cut to tackle the coronavirus outbreak.

...

President Donald Trump met with lawmakers on Tuesday afternoon to discuss "major" steps to ease concerns about the economy in light of the coronavirus outbreak. Investors wavered throughout the day, parsing headlines and reports that focused on whether a robust economic package could be introduced quickly enough to shore up the growing financial impact from the coronavirus.

The odds of this happening are... zero.

But, the Democrats are playing a game of claiming that any downturn in the economy, even if caused by an epidemic which started in China and is ravaging the world, is the fault of the Bad Orange Man.

This is a political gambit to say, "Well, if you care about the economy, join me in strengthening it."

I'd like to see what the Democrats have to say about why they're refusing to do this.


I mean: If they're soooo Concerned about the economy and all.

Or are they just Concerned that it might remain too strong?

Trump pitched 0% payroll tax rate for the rest of the year, White House official says


President Donald Trump, in a meeting with Republican lawmakers on Capitol Hill Tuesday, pitched a 0% payroll tax rate that would last through the rest of this year, a White House official told CNBC.

The development comes as Trump and the White House try to put together an economic stimulus plan to counteract the impact from the widening coronavirus outbreak.

The White House is also considering federal assistance for the shale industry as oil prices have tanked in recent days due to a price war between Russia and Saudi Arabia.


digg this
posted by Ace at 04:27 PM

| Access Comments




Recent Comments
mindful webworker - freedom's just another word : "[i]...hundreds of people dope-sick, smoking fentan ..."

mikeski: "[i]The doctors suggested that Pollock should apply ..."

Doof: "[i]Little guy knows his machines Posted by: Don B ..."

Bilwis Devourer of Innocent Souls, I'm starvin' over here: "If that kid isn't on JD's payroll, he should be. B ..."

Tonypete: ""Look, we screwed up and only partially killed you ..."

OrangeEnt: "If we end up in WWIII, those pushing for it should ..."

the same harm reduction advocates: "[i]Harm reduction advocates saw Measure 110 as [.. ..."

Idaho Spudboy: "Meanwhile, in Ukraine: 1. No big battlefield news ..."

"Perfessor" Squirrel: "Canadian Doctors Admit Covid ‘Booster’ ..."

Anonosaurus Wrecks, Is this the real life? Is this just fantasy? [/s] [/b] [/i]: "Canadian Doctors Admit Covid ‘Booster’ ..."

mindful webworker - bemazed : "And so, here we are again. Amazing. Hi. ..."

TRex: "Good evening horde. On to the content (thanks WD) ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64