Political Considerations Behind US Coronavirus Stimulus Package
An emergency bill involving spending of roughly $2 trillion was finally cleared after negotiations between the White House and Senate leaders in the early hours of March 25.
An emergency bill involving spending of roughly $2 trillion was finally cleared after negotiations between the White House and Senate leaders in the early hours of March 25.
After the US stock market plunge triggered circuit breakers for the first time this year, the US government’s irresponsible attitude and image caused the market to continue its precipitous fall, while their various inconsistent statements and behaviors further aggravated market anxiety.
This is an era of globalization and all parts of the world are connected closely. This is a time the world needs to work together and foster even more understanding and cooperation.
It is indeed strange that in the eyes of the New York Times, the coronavirus poses a test to only the leadership of the Communist Party of China, and its spread across the country is exclusively the fault of the Chinese system of government. What about the spread across Europe?
By mid-2019, economic experts no longer pondered if a recession would occur, but instead when it would strike.
While China takes every effort to keep Chinese people safe, to keep the world safe, US has been trashing all about China, they owe an apology to the world!
With a political system so unashamedly skewed in favour of the rich at the expense of the majority of the American public, is it any wonder that Americans are increasingly looking for an alternative to the current political and economic status-quo?
There is a strong possibility that as neither Biden nor Sanders can unite their party’s supporters overall, it could in fact deliver their worst-case scenario and hand the current president another four years in office.
Casting Chinese journalists out of US is just another kind of political harassment, while China open its door to the world, US should be doing the same.
FED rate cut shows little help to the fast spread of COVID-19 in US and even mislead the stock market. US President Trump’s effort may be a disaster to US future economy.
With this war against the Chinese media and, as a matter of fact, against 60 Chinese citizens, the US is on the path of a dangerous regression that needs to be condemned and stopped.
Such an unfounded classification introduces a much broader and fundamental issue, not a rivalry in trade or technology, but a competition for what can be called cognitive security.