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Nancy Pelosi Playing Hardball With The President Over Stimulus Checks Costs The Democrats Seats In The 2020 U.S. Elections

Pelosi Has Become The Face Of Failure In The Press For Congressional Democrats In The 2020 Elections

November 5. 2020

Nancy Pelosi (screencap from Yahoo News)

The results of the November 3, 2020 U.S. elections reveal Democrats fared worse than expected. For weeks leading up to the election the Democrats were stating there would be a "Blue Wave" of wins in Congress (blue is the color of the Democratic party, while red is that of the Republicans). However, the Democrats lost two seats in the House and are struggling to make in-roads in the Republican controlled Senate.

For months U.S. House Speaker, Nancy Pelosi, has been playing hardball with president Donald Trump, regarding issuing a new round of stimulus checks to financially distressed Americans during the damaging coronavirus pandemic (Covid-19).

When the president was released from the hospital, Pelosi got into an argument with him that very day over the second coronavirus stimulus package. She began threatening to have him removed on grounds she deems him crazy. Then, he responded by threatening to have her removed on grounds he deems her crazy (Republican President Donald Trump And Democrat House Speaker Nancy Pelosi Try To Get Each Other Thrown Out Of Office).

Trump immediately offered to sign a stripped down, second stimulus package to quickly get checks out to Americans ($1,200 for individuals and $3,400 for couples with children). However, as it did not have all the items Pelosi wanted, quite a few of which have nothing to do with coronavirus (green initiatives, election funding), she refused to send him a stimulus deal to sign.

People whose bills were past due and those on the brink of eviction last month, hold Pelosi in contempt for her decision in rejecting Trump's offer that could have been a financial lifeline for them. Last month my suggestion was to take Trump's deal regarding a stripped down stimulus to quickly get money to the public. Then work on a third stimulus package where other items Pelosi wanted could have been properly debated, along with items the Republicans favored for businesses.

However, no such alternative was taken up by tone deaf Pelosi, who has greatly enriched herself and her family via her role in Congress, engaging in illegal activity such as insider trading. I'm of the belief Pelosi's obstinate conduct last month regarding the second stimulus packageburned the Democrats in Congress at the polls.

Nancy Pelosi (screencap from Yahoo News)

As Pelosi represents the Democrats in Congress as their leader and people saw her repeatedly squabbling with Trump over this matter, even doing news and Hollywood interviews regarding the issue, it clearly made a negative impact with Americans at the voting booth who have been suffering financially under the pandemic. Hence, the lack of a "Blue Wave" and some Democrats losing their seats.

Many Americans have lost their businesses, homes, cars and credit cards. Many now have bad credit, which will hamper them renting an apartment or house (Homelessness In America Is Increasing Due To Coronavirus).

Millions of Americans are in default, having missed consecutive months of credit card payments due to coronavirus costing them income. Millions of Americans have seen their credit card accounts closed after the standard 6-month of non-payment period elapsed. This has created an unforeseen nightmare of financial loss for credit card companies (billions of dollars in losses).

It would have been more prudent for Congress to have issued stimulus payments every month for several months, as it would have helped Americans keep their homes, cars and credit cards. Then made this money back via a sensible government tax plan via a 2% to 5% increase on people making $100,000 and up.

Now, Americans are angry and bankrupt, and banks/lending institutions all over America have an enormous amount of red ink due to massive revenue declines, which places them in danger of financial collapse.

Proper stimulus payments would have been an investment in the economy that could have been recouped later via taxing the more financially healthy in the country beginning in 2021 (as stated above). Instead, one round of stimulus checks was issued during the 8-month pandemic, which is bad. Many people who were entitled to unemployment did not get it, which is another issue. That's not how you manage an economy from a congressional standpoint. Even on a basic human level it lacked compassion.

STORY SOURCE

While you weren't sleeping: Democrats disappoint in House and Senate races

November 4, 2020- While much of the attention Tuesday night was focused on the as-yet-to-be-decided presidential race, there were thousands of races settled, from state legislative seats and ballot initiatives to senators and governors facing reelection. Here are a few of the big takeaways from 2020’s down-ballot races.

With the caveat that we won’t know the final results of a number of races for a while and that Democrats saw calls go their way well after Election Day 2018 as more votes were counted, Tuesday night was a disappointment for Democrats who went in thinking they would expand their 30-plus-seat margin in the House but may actually wind up with a slimmer majority.

As of Wednesday afternoon, Democrats had taken two seats they expected to flip in North Carolina but lost at least seven, per Associated Press calls: two in Florida, one in South Carolina, one in Oklahoma, one in Minnesota, one in New Mexico and at least one in Iowa. They had hoped to net 10 seats in Texas and may not win any of them, while a number of incumbents are locked in tighter-than-expected races...

https://news.yahoo.com

The House Didn’t Flip, But the Results Were a Flop

November 5, 2020 - Amid a historically uncertain election, at least one thing is clear: Democrats will keep the House of Representatives in January 2021. But no one’s popping any champagne.

It will be a smaller, louder, and perhaps more ideologically volatile majority than what Speaker Nancy Pelosi (D-CA) has led over the last two years. And it could be full of political tripwires for her—and for a possible President Joe Biden—if they’re in the position of governing while Republicans retain their grip on the Senate.

A slew of moderate lawmakers, whose wins in the 2018 midterms handed the gavel again to Pelosi, have lost or are on track to lose their seats. Meanwhile, several establishment Democrats are set to be replaced by staunch progressives, shifting Democrats’ political center of gravity further left in the lower chamber of Congress...

https://news.yahoo.com

Election splits Congress, GOP bolstered as Democrats falte

November 5, 2020 - WASHINGTON (AP) — The election scrambled seats in the House and Senate but ultimately left Congress much like it began, deeply split as voters resisted big changes despite the heated race at the top of the ticket for the White House.

It’s an outcome that dampens Democratic demands for a bold new agenda, emboldens Republicans and almost ensures partisan gridlock regardless of who wins the presidency. Or perhaps, as some say, it provides a rare opening for modest across-the-aisle cooperation.

Speaker Nancy Pelosi was on track to keep control of the Democratic House, but saw her majority shrinking and her leadership called into question. Control of the Senate tilted Republicans' way as they fended off an onslaught of energized challengers, though a few races remained undecided Wednesday...

https://news.yahoo.com

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