National Economic Council Director Brian Deese emphasized on Friday the urgency of taking “decisive action” to fix the economic damage brought on by the COVID-19 pandemic.
“We’re at a precarious moment for the virus and the economy,” Deese said during a White House press briefing as he was laying out President Joe Biden’s $1.9 trillion COVID-19 rescue plan. “Without decisive action, we risk falling into a very serious economic hole, even more serious than the crisis we find ourselves in.”
Biden is set to sign two executives orders Friday afternoon: one intended to combat food insecurity for Americans, and another to set into motion a $15 minimum wage for federal workers and contractors. The Biden administration has made clear that the wave of executive actions are not a substitute for congressional action to provide relief to Americans struggling to make ends meat as the coronavirus pandemic continues to rage.
The official warned that if “we don’t act now, we will be in a much worse place and we will find ourselves needing to do much more to dig out of a much deeper hole.”
“When you’re at a moment that is as precarious as the one we find ourselves in, the risk of doing too little, the risk of undershooting far outweighs the risk of doing too much,” he told reporters. “And that’s the economic logic, the economic case behind this package.”
Later on Friday, Biden signed executive orders aimed at providing economic relief, which include expanding food assistance programs, establishing a “network of benefit delivery teams and a coordination structure” to facilitate access to relief benefits, and triggering the process of requiring federal contractors to pay $15 minimum wage.
I won’t react to this until Peter Navarro chimes in that everything is just hunky dory.
Then I’ll know Mr. Deese speaks the truth.
Have to come up with some strong messaging to counter all the Senate Republicans pulling the “we just passed some stimulus so I don’t see why we need more now” message.
Or just Nuke The Filibuster from Orbit and move on.
One of those.
I liked the way Deese answered some of the questions.
Like “we just had a rescue package, why another one right away?” He basically said Congress took way too long last time and all that money was spent on what happened in the past. And it’s just catching up on what was needed already. This plan was based on money needed going forward and the number was built from the need up to the cost instead of having a number and figuring out how to spend it. (I believe that for everything but the $1400 to everyone.)
I liked Psaki on why this is a bipartisan bill though: Are you telling me unemployment isn’t a Republican priority or getting vaccine in arms or …
Republican response: Austerity now, austerity tomorrow, austerity forever*.
h/t George C Wallace
*Or until we are in the majority again. Then, Katy bar the door!
She is good. The entire messaging platform from the Biden administration is next level. We are going to need it.