Jason Burack: President Trump Announces Plans To Buy Votes To Win 2020 Reelection Using US Treasury General Acct?

Wall St. For Main St., Released on 8/10/20

Over the weekend President Trump announced new Executive Orders for payroll tax cuts, extending unemployment benefits (although lower) and a moratorium on evictions.

$600 Unemployment Check Cut To $300 Under Trump Executive Orders—States Asked To Add $100 https://www.forbes.com/sites/rachelsa…

The US Treasury General Account got to all time record high (nosebleed) levels over $1.8 trillion Dollars. Trump does not need Congress to approve funding because he has that cash to use to try to stimulate the economy and to buy votes to win reelection for 2020. \
Track the US Treasury General Account here: https://fred.stlouisfed.org/series/WT…

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.

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