Hey, it's downtown. Listen, I don't really understand what the president's strategy is

around shutting down stimulus talks with the Democrats until after the election is

over is all about.

It doesn't seem like a winning position for him.

It's a weird closing argument, but that's where we are.

And it could change.

But as of right now, I'm just, I'm shocked by it, and I hope there's a backtrack and some sort of a deal.

The direct deposits and enhanced unemployment benefit checks that went out over the spring

and summer were a huge home run for the economy. Saved a lot of families from personal bankruptcies,

losing their homes in their cars, falling behind on

debt payments, and on and on. We've only gained back half the jobs we lost from the

shutdowns. There's a long way to go. And for the most part, the people who haven't yet

returned to the workforce are the people who are the most financially

vulnerable to begin with. Employment for people with college degrees and white-collar jobs is pretty much

back to where it was before the pandemic. There are a few exceptions. Travel industry,

hospitality, entertainment, okay fine.

But outside of that, the top half of the country

is pretty okay, all things considered.

Look what we've been through.

For the bottom 20% of workers by income, however, it's still a disaster.

There is no better form of economic stimulus we can do for everyone, for everyone, then to put the money directly

into the hands of the people who need to spend it immediately, the multiplier effect on the first round of stimulus cash was exactly what was needed to

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