COVID-19 second stimulus package standoff highlights Trump’s flawed economic agenda
The midsummer standoff in Washington over the next round of coronavirus stimulus takes place in the shadow of two grim realities: a rising tide of coronavirus infections and deaths and the news that America suffered the worst quarter in its economic history this spring.
The protracted negotiations over this latest stimulus came more than two months after the House passed a plan to help America’s workers and state and local governments. The delay and the Trump administration’s negotiating positions reveal yet again that President Donald Trump’s economic agenda is corporatist, not populist, and that his governing agenda guts America’s global competitiveness, harming our ability to compete against countries like China.
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