ICYMI: New York Times: Mitch McConnell Is Not as Clever as He Thinks He Is
EDITOR'S NOTE: Thanks to Carol Young, a Democratic activist and widow of national labor and civil rights leader W.C. Young of Paducah, for sending us this. The annual W.C. Young Award is the highest honor the Western Kentucky AFL-CIO Area Council bestows.
By JAMELLE BOUIE
When banks, corporations and wealthy individuals need bailouts, the Republican Party is there, pen in hand. The $2 trillion CARES Act reserved $500 billion for aid to large industries as well as $90 billion in tax breaks for owners of “pass-through” businesses — a benefit that overwhelmingly aids rich hedge fund investors and owners of real estate businesses. Even the small business fund ($350 billion for firms with fewer than 500 employees) has mostly benefited larger companies.
But when ordinary Americans need help to pay their bills, and when states — which can’t run deficits — need help to avoid fiscal collapse, the Republican Party is much less interested.