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dlukton
CNBC Television
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Comments by "dlukton" (@dlukton) on "President-elect Joe Biden: We should pass the Heroes Act to save lives, businesses" video.
He wants to bail out the big blue cities: Chicago, Los Angeles, New York, etc.... .... and it's mostly the underfunded pensions that he wants to bail out (using "funny money" from the Fed).
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@rosiebrooks7685 Of course, it'll be a question of what the senate will approve. But the political power of the Dems arises mostly from the "big blue" cities; and so the Dems would like to send as much money as possible to those cities. (And municipal pensions are in deep, deep trouble).
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