House Speaker Nancy Pelosi hasn’t been a terribly effective negotiator over the course of the last several months, having been bested by Senate Majority Leader Mitch McConnell time and again as it pertains to another round of COVID-19 stimulus.
The Democrats seem hellbent on introducing a rather large and robust package to Congress, while the Republicans, every thrifty as they are, hope to work down the price tag and incentivize Americans to get back to work.
Now, as the end of the year approaches, and our national economy will be largely dependent upon the consumer confidence we show in December, Pelosi is being asked to have an open mind.
Calls are mounting for Democratic figureheads to accept a smaller relief package if necessary and push for more later amid the ongoing COVID-19 crisis, despite their continued insistence Republican proposals are insufficient.
Former Chairman of the Council of Economic Advisers Austan Goolsbee, who advised the Obama administration, told CNN that he feels something needs to be done soon in order to prevent a potential double-dip recession.
“There are a lot of people really hurting in the country, I hope that they can agree on something soon,” Goolsbee, who was also chief adviser for the Economic Recovery Advisory Board established during Obama’s presidency, said.
Goolsbee would go on to intimate that the economy needs “immediate” relief, again imploring Pelosi and her fellow Democrats to consider anything that could provide assistance to our nation.
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