Democrats will have a field day if Republicans leave town without another stimulus deal with just 90 days until the election. House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Charles E. Schumer (D-N.Y.) have already bashed Republicans over and over again for failing to come to the aid of Americans facing poverty, eviction and food insecurity while proposing in their bill a tax deductibility for business lunches. Pelosi had this stunning exchange with CNBC’s Jim Cramer on Thursday:
Jim Cramer: I like your spirit of being more upbeat, more optimistic, so I will offer this: Why can’t you go across the aisle and say, ‘Representative Lewis, civil rights legend, would have loved it if we could do something for the totally disenfranchised in this country. No matter what, can we give a huge chunk of money to the people who are disenfranchised, to minorities who want so badly to stay in business and can’t and to people who are trying to go to college or have student loans who are minorities who are the most affected because they had the least chance in our country?’ That’s got to be something both sides can agree to.Speaker Pelosi: Perhaps you mistook them for somebody who gives a damn for what you just described.Jim Cramer: Ooh, jeez.Speaker Pelosi: Yeah. That’s the problem. See, the thing is, they don’t believe in governance. They don’t believe in governance, and that requires some acts of government to do that. . . . And basically, economists tell us, spend the money, invest the money for those who need it the most, because they will spend it. It will be a stimulus or at least a stabilization of — and that’s a good thing. Consumer confidence is a good thing for the economy. You know that better than anyone.