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The coronavirus relief bill could turn into a corporate coup if we aren’t careful | Matt Stoller

America will be unrecognizable after this pandemic if big corporations walk away with trillions of dollars and no strings attached

Congressional leaders in the United States are likely to put a very ugly deal in front of the American people, and if it passes, America may be unrecognizable after this pandemic. But there is a way to stop it, if people on the populist left and people on the populist right work together.

Here’s the situation. Mitch McConnell, Chuck Schumer and the Trump administration is negotiating a bailout package to address the coronavirus crisis. There’s been a lot of chatter about the need to support workers as the economy goes into a freeze. This is happening around the world; the British government, for instance, is willing to pay 80% of worker wages during this downturn for those affected by the crisis.

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Source: US Politics - theguardian.com


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