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BREAKING: SEVEN BIG INDICATORS About $600 Per Week Unemployment Benefits & Second Stimulus Package

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Hi everyone! This is Dr Nitin Chhoda and welcome to this important episode of Ignition Time

Where I talk to you about the SEVEN BIG INDICATORS about the second stimulus check, about future stimulus and about the future of unemployment benefits in the country There were some big takeaways from a short interview that US secretary treasury Steven Mnuchin did in the oval office sitting right next to the President but he revealed so much information in what was essentially a two-minute clip that I had to take a closer look at it and break it down for my viewers I've said this before on my channel sometimes the biggest piece of news comes out in these short clips that the major news media tends to miss or maybe they just believe in controversy and hyperbole and that's what gives them ratings but for me, I listen very closely to what people have to say and one of the reasons i've been able to be successful is i've been able to listen and read between the lines and that's exactly what i'm going to do over here So let's listen to the words of the US treasury secretary Steven Mnuchin right now Mark and I have been working very hard over the last two weeks with Mitch and Kevin on really what we see is the focus is kids and jobs the recovery act cares 4

0 We've spent an unprecedented money, the good news is a lot of the $3 trillion we still have left to put in the economy and put back to work We're focused on starting with another trillion dollars we think that will make a big impact and the the focus is as I said is really about kids and jobs and vaccines We're going to make sure that we have a vaccine by the end of the year for emergency use and the plan is we just updated the President, the Vice President they signed off on this Mark and I will be meeting tomorrow with the republicans at the lunch to give them a full briefing and then we will also be reaching out to the democrats to begin our discussions

But we are committed that by the end of this month make sure that before the enhanced unemployment insurance expires that we pass legislation so that we can protect Americans that are unemployed Now we've said the number 1 issue is We have to fix the technical fix on enhanced unemployment We're going to make sure that we don't pay people more money to stay home than go to work We want to make sure that people who can go to work safely can do so

We'll have tax credits that incentivize businesses to bring people back to work We'll have tax credits for PPE for safe work environment and we're going to have big incentives, money to the states for education for schools that can open safely and do education So these are the priorities as well as liability protection We want to make sure that frivolous lawsuits don't prevent schools, universities and businesses from reopening So there you have it

That was a very interesting set of comments and I think there's a lot of information that was revealed in that short little segment I actually dissected those comments and I believe there are seven key takeaways that we need to pay attention to Let's start with take away one indicator one which is at least one trillion dollars or more in stimulus let's listen cares 40 we've spent an unprecedented money the good news is a lot of the three trillion dollars we still have left to put in the economy and put back to work we're focused on starting with another trillion dollars we think that will make a big impact by the way um i announced back on the 15th of may if you go back to my channel and if you look at my video on the 15th of may but i said here's why another one trillion dollar stimulus package is coming i predicted this more than two months ago so just just to let my viewers and subscribers know that i saw this coming because this was a necessity even back then so the two things that jumped out at me from the first segment from the first indicator was one was the focus is kids and jobs which is good which is what which is what the focus should be and then he said and it's almost like he said this in a matter of fact where he said we are focused on starting with another trillion dollars his words we're focused on starting with another trillion dollars we're focused on starting with another trillion dollars notice the use of the words focused on starting with he knows that the democrats will want more so there'll probably be some sort of a negotiation back and forth and so if the opening bid the opening salvo of the republicans is a trillion dollars you can bet the democrats will come back and say you know 3 trillion going once 3 trillion going twice and they'll settle somewhere so we can see that there's going to be another 1 trillion stimulus package or more and that is the first big indicator now let's proceed to the second big indicator which is kids and jobs and vaccines let's listen focus is as i said is really about kids and jobs and vaccines we're going to make sure that we have a vaccine by the end of the year for emergency use and the plan is we just updated the president the vice president they signed off on this mark and i will be meeting tomorrow with the republicans at the lunch to give them a full briefing and then we will also be reaching out to the democrats to begin our discussions so now this is big if you pay attention to the words his words were and the focus is as i said is really about kids and jobs and vaccines and he said something else that was super interesting we're going to make sure that we have a vaccine by the end of the year for emergency use super interesting huh what else do we have at the end of the year you know what we have and then another thing he said was and we will also be reaching out to democrats to begin our discussions so there is an element of bipartisanship here which is necessary because the democrats can't get anything done with the republicans and vice versa now let's move on to the third indicator the third segment which is extremely important the extension of enhanced unemployment let's listen to what mnuchin had to say we are committed that by the end of this month make sure that before the enhanced unemployment insurance expires that we pass legislation so that we can protect americans that are unemployed i think this was a telling sign that there's going to be some sort of an extension of unemployment benefits is it going to be 600 it doesn't seem like it based on other videos i've done but he specifically said we are committed that by the end of this month make sure that before the enhanced unemployment insurance expires he's referring to the 600 a week fpuc booster that's scheduled to end at the end of this month that we pass legislation so that we can protect americans that are unemployed so that's a clear indication that they wanted to continue in one way shape or form now let's look at the fourth indicator a cap on enhanced unemployment benefits and safety so let's listen to exactly what steven mnuchin said yeah we've said the number one issue is we have to fix the technical fix on enhanced unemployment we're going to make sure that we don't pay people more money to stay home than go to work we want to make sure that people who can go to work safely can do so now this is an important line we're going to make sure that we don't pay people more money to stay home than go to work we want to make sure that people who can go to work safely can do so and this is a good comment because individuals who can go back to work safely should go back to work as long as they have jobs and as long as they offer their jobs back now this is encouraging because individuals who can go back to work who are offered their jobs back and who can go back to work safely should indeed go back to work because that's how the economy recovers now let's take a look at the fifth indicator tax credits to get back to work plus an added emphasis on safety let's listen to what mnuchin had to say we'll have tax credits that incentivize businesses to bring people back to work we'll have tax credits for pp e for safe work environment so he said we'll have tax credits that incentivize businesses to bring people back to work we have tax credits for ppe which is personal protective equipment for safe work environment this is again this is encouraging and just so that my viewers and subscribers know many congressmen many senators have emphasized ppe i'll give you a few examples congressman antonio delgado from new york announced his support for a tax credit of up to 25 000 for the purchase of personal protective equipment for small businesses self-employed or more in other words individuals business owners would be encouraged to get personal protective equipment making their work environment safer for employees so that employees feel much more safe coming back to work these are all steps in the right direction i'll give you a few more examples congresswoman jackie walarski from indiana supports the strengthening america strategic national stockpile act which would boost domestic manufacturing of critical medical supplies senator tom tillis republican from north carolina along with several others have introduced bipartisan legislation to rebuild the strategic national stockpile and strengthen domestic ppe that's personal protective equipment manufacturing to ensure that the united states is better prepared for future public health emergencies like this one and us senator jeanne shaheen from north carolina announced other supporter legislation which is the homeland procurement reform act which would require that the department of homeland security which is dhs to increase the amount of personal protective equipment it procures from american companies so we're talking about more manufacturing more national more american manufacturing of ppe and more businesses and other entities throughout the country using ppe to make sure that individuals feel safe to get back to work so this is a significant step in the right direction now let's go to a couple of segments that are personally very important for me because i have young children and i'm sure a lot of my viewers and subscribers listening are also parents now indicator number six federal money for states for education plus school safety and this is what steven mnuchin said and we're going to have big incentives money to the states for education for schools that can open safely and and do education so these are the priorities so he did save money to the states for education for schools that can open safely and do education remember when kids go back to school parents can then go back to work when parents go back to work and start resuming their jobs that's when the economy starts to recover that's when people get off of unemployment become less dependent on stimulus checks and that's where things start to become normal again having kids go back to school in a safe manner is going to be the backbone of the recovery not just for our country but globally and finally and you've heard this one before senate majority leader mitch mcconnell has been championing this all along liability protection from frivolous lawsuits let's hear about what steven mnuchin had to say about that as well as liability protection we want to make sure that frivolous lawsuits don't prevent schools universities and businesses from reopening so he said we want to make sure that frivolous lawsuits don't prevent schools universities and businesses from reopening so that was it overall seven big indicators number one one trillion dollars or more in stimulus number two a focus on kids and jobs and vaccines number three an extension of enhanced unemployment in a modified format i don't believe that they want the 600 a week federal booster to continue number four a cap a limit on enhanced unemployment plus a renewed focus on safety number five tax credits to go back to work plus additional safety measures including tax credits for ppe number six federal money for states for education plus school safety and number seven liability protection for businesses from frivolous lawsuits i hope you learned something new from this video i appreciate you watching if you did please click the like button please let me know what you think about these seven big indicators below do you agree and let me know in the comments section do you agree with what the u

s treasury secretary steven mnuchin is saying a lot of the things he said will indeed bring the country back back on track gradually safety is a huge factor i believe that when we have a medical solution when we have a vaccine things will fall into place very quickly things will sort of snap into place like a jigsaw puzzle because that's how the economy was at the start of the year until then it is going to be a rather bumpy ride for most of us let me know in the comments section below what you think about these seven indicators are there certain indicators that you agree with more than others are there certain indicators that you don't agree with at all what are your thoughts on the focus of the administration because it's pretty clear what's going to happen i think the framework of what's likely to happen is out there it's pretty evident it's pretty obvious and i have broken it down for you because what i've managed to do is i've taken that quick two-minute sound bite and what i've done for my subscribers is dissected it analyzed it and i have presented you the future the architecture the framework the blueprint of the future stimulus and the future of unemployment benefits let me know if you agree with the seven indicators these are the words of steven mnuchin i analyzed it and dissected it for you but let me know if you agree with the framework of what the administration is looking at in the comments section below i'd love to hear your thoughts and i look forward to interacting with the community thank you so much for watching if you're not a subscriber yet please click the subscribe button below please enable notifications so you get instantly notified about future updates i release videos at 2 pm east coast time most days of the week one more thing if you would like to get breaking news and alerts and updates from me send a text message with the word ignition time that's the word ignition time to 70 000 again send a text message with the word ignition time to seventy thousand that seven zero zero zero zero and you'll get on my list and then i'll be able to send you important updates going forward you can opt out at any time thank you so much for watching again please subscribe if you're not a subscriber already please enable notifications so you get instant updates in the future and please click like if you learned something new thank you so much i will see you in the next video take care bye

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