Newsome can do whatever he wants, practically, without waiting on the Fed. The fact that he hasn’t done that yet means it’s not easy to do and even harder to enforce. I would have no idea how he could even enforce something like that.
The leadership is completely missing. From downplaying the virus (so as to not impact the “roaring geyser of an economy”; cos that’s the only thing that might get him and his part re-elected) to giving money to people (pump the economy - again only thing that makes a case for his and his party’s re-election ). This is personal opinion- I feel the reality is he and certain members of the party don’t give a flying duck about the virus. It’s expected to do damage and they are ok with it as it is what it is and they don’t think this will last more than 3 or 4 months. I feel What is certain for them is this will end and they want the economy to spring back up quickly in time for re-election. I am basing this based on their actions today and in the past not on their words.
At the end of the day you have a con man from the nyc construction market running the show who has a proven record of putting his interests first(he is part of more than 3000 lawsuits - this is him prior to taking office). The industry and market he comes from is one that is of zero sum game. He has zero sum thinking. Blatant liar as record has shown and self promoter who gives him a 10 out of 10 for his handling of this fiasco. Every morning the imbecile comes to tv to tell just one thing how well he is doing and because of that how good the situation is.
Also creating an account just to answer this question gives you zero credibility.
Also the economy is interconnected. One persons income is another persons expense. So yes physically people might get bills but the time to pay will increase if the economy comes back. And the only way the economy comes back is by having its constituents capable of participating. If they are all sick there is barely any economy. dosnt matter home much money is printed. Hence priority number one is health. Then the stimulus.
PS: I really like what you have written on your profile. Your openness to willing engage in dialog is exemplary!
All evidence points to contrary but you seen none of that because you're delusional. I'm done with this.
Ahem, I'm just gonna leave this here: https://twitter.com/LeeHolly81/status/1240223327811239936
However, I should've said the Fed officially responded in January and not December.
Ahem, I'm just gonna leave this here: https://www.everycrsreport.com/reports/R46219.html
The kits were not available thanks to how the FDA works and the stringent processes put in place. Could it have been faster? Sure. The lab-developed tests were found to have errors. That had to be corrected and reshipped. That's hardly "foot dragging".