Hi everyone! This is Dr. Nitin Chhoda and
I have an important
breaking news alert for you today! Words
from the President and words from a very
important senator, very important
republican senator, senator Lindsey
Graham. I'll break down an interview he did and
I'll link you in the description below
to the entire interview so you can watch
it for yourself. In fact, the republicans
specifically said
last night I talked with the President,
I expect a breakthrough
because that's what's needed. Usually
politicians respond to need. These are
his exact words,
there's a real need out there that if
you're unemployed because of the
pandemic, I'm okay with
the federal benefits or
state benefits and the breaking news
actually is
that Lindsey Graham actually
supports 100%
wage replacement. Which is significantly
higher than the 70%
wage replacement that the republicans
have been tossing around and throwing
around. And it's also significantly
higher than the $200
a week that that's initially been thrown
around by the republicans. So this is an
important breaking news alert.
Let's jump right in.
New comment from President Trump
and a potential executive order. Now I
did allude to this in one of my
videos earlier today and President Trump
specifically said and again I'll link you
to that in the description below,
President Trump said that he may order a
payroll tax cut via an
executive order to boost the economy
during this pandemic.
His exact words were
I can do that also through an executive
order so we'll be talking about that.
That's what President Trump said at a
White House press briefing a few
hours ago. So as you know the President
has been advocating a payroll tax cut.
That idea didn't really gain any
momentum with the republicans and the
democrats weren't interested and it seemed
that that had been forgotten until the
President wrote a tweet about a payroll
tax cut and now he specifically said I
can do that via an executive order. So
you can see that there is a strong
intent on the part of the President to do the
payroll tax cut so people who go back to work
have bigger paychecks. Now this is an
important announcement from the
Republican Senator
Lindsey Graham in case you guys don't
know Senator Lindsey Graham is from
South Carolina
he's been a senior senator
since 2003. So he's been a senator for a
while now.
He's not only a member of the
republican party but he served as a
chairman of the senate judiciary
committee since 2019.
Now in a recent interview he said
he spoke with the President
and he said, I expect a breakthrough. Now
again, if you pay attention to what i've
been covering on my channel you'll
notice that the
democrats have come down from their
demand of $600
a week booster all the way through 2021
they've come down to what I call
the automatic stabilizer method, the
automatic adjustment
this was actually reported by the Wall
Street journal where they are
amenable, they are agreeable to the
benefits actually going down
as the rate of unemployment reduces in a
particular state.
Now you have an important republican
senator saying
that he supports up to 100% wage
replacement. Yes you heard that right!
100% wage replacement. Now
Senator Lindsey Graham did
reiterate some of the main talking
points of the republicans. He did say, I
just don't want you to get paid more
uh not to go back to work, I don't want
you to get paid more
not to work than to work. So I support
continuing a federal supplement to state
unemployment benefits so there will be
a federal boost. I mean doesn't that's
never really been in doubt
the only the only aggravation for all of
us has been how much is that booster
going to be
he specifically said it cannot be at six
hundred dollars because
we've skewed the labor market now again
i will link you
to the entire interview with senator
lindsey graham in the description
section below so you can check it out
he said there's help wanted signs all
over where i live
this is what he said he said and under
the current construct you're making 47
000
a year on unemployment uh there are
school teachers who don't make that much
in south carolina i'm quoting senator
lindsey graham
so i want you to replace your wages up
to 100 percent of what you are making by
the way this is big
this is significant we haven't heard
these words
come out of a single republican or a
single
member of the administration up until
this point and this
is coming from senator lindsey graham
who's an important influential senator
he's also a very close confidant
of president trump so he said this
question of the percentage of wage
replacement you know
that's been something some republicans
have really advocated for he said
others uh so basically he was asked
about the replacement of the wages and
how states would uh
states would essentially adjust he said
we're in the 21st century and already
when you go into the unemployment office
you have to say here's my employer
here's how long i've been working and
here's what i make
what i make all i'm saying is that i
want to replace your wages but
not give you a pay raise these these
again are the ones that sent to lindsey
graham
there are people making 150 percent
unemployed benefits
as to what they were making at their
work site and he's clearly
uh not supportive of that now that's
he's that's something that the
republicans don't want that's been their
position
all along he said that's not fair to
people now this is important
this is an important part of what centre
lindsey graham said he said that's not
fair to people
continuing to work essential workers uh
are making 17 to 18 dollars an hour
working at a hospital
you know making 23 dollars an hour other
individuals presumably making twenty
three dollars an hour not to work
uh disincentives to work so i think you
you cannot come up with the technology
to reimburse people at one hundred
percent
uh not more than the state level i
presume he means you we need to be able
to do that
the 324 dollars which is close to 50
so what he's referring to is across the
country the average
wage the 50 of average wages is right
around 324 dollars and that's what the
state pays
under normal circumstances this is when
the unemployment systems were set up
back in 1930s
the unemployment insurance system was
designed to replace 50 percent
of an individual's wages so an
individual would be motivated
would be incentivized to go back to work
but we live in the middle of a pandemic
where individuals are feeling unsafe to
go back to work or
they simply can't go back to work
because the businesses or their
employers are not open
or they've lost their jobs permanently
this creates a situation we've never
ever seen before
in our life so he said that uh we've got
to get there
the white house proposal has had been he
said 70 percent
um so and i believe this was a question
that was asked of him about the 70
so he said what senator lindsey graham
said is that
i'm the first republican to go again his
words i'm the first republican to go to
democrats
and say let's do something on
unemployment insurance uh because i know
that we need to be able to get there so
he said that others have proposed 70
he's the first
republican senator to propose 100
wage replacement and he did say that you
know people have lost their jobs
through no fault of their own they're
out of work if they're working at a
hospital or a restaurant
or service industries and he said that
unemployment
he said that there needs to be some sort
of a solution with unemployment benefits
and he did say now there are a lot of
people in our state that make forty
seven thousand dollars and that becomes
a new minimum wage
and he said if that's the new minimum
wage then a lot of businesses are
actually going to go out of business so
he says
i just want to sit down with the
democrats and say come on 100
guys i i hope you understand the
significance of this
we are seeing not only a turning point
in the negotiations
because what we're seeing is essentially
news as it's coming out we're seeing
what could potentially happen in the
next 24 to 48 hours i'm not a fortune
teller i don't have a crystal ball
i'm just a citizen reporter but listen
to this this is the senator
this is an important senator lindsey
graham who's actually talking about 100
wage replacement and if this idea is
going to gain momentum
you're going to hear others talking
about it and remember you heard it first
here
from me on the ignition time channel so
make sure you click like
make sure you click subscribe he said
again he went back to
um he said if you go over 100 of wages
you're really disincentivizing work at a
time when people are ready to open up
their business
and again from central lindsey graham i
hear from employer after employer i've
got a problem
i can't get my workers back he said
they're making more unemployed than i
can afford to pay them i'm afraid to
terminate the unemployment
and also get mad at me this is just a
real problem we need to fix
and all i can say is the proposal by
mnuchin in the house
the senate package was 200 that was 70
percent
i'm willing to go up to 100 i quote
lindsey graham said i'm willing to go up
to 100
um and he said i now this is important
he was asked how many republicans are
going to support you
and as is common in politics doesn't
matter whether you're a republican or a
democrat he said i quote
i don't know how many republicans would
go there i'm hoping democrats would say
that's reasonable
that's what he said the 600 federal
supplement exceeds what you were making
in the workplace
for 70 percent of the workforce 70
percent of the people receiving
unemployment benefits are making more
than they were um but then they were on
unemployment than they were
when they were employed then they were
working and that's skewing the entire
economy 70
of the people receiving unemployment
benefits from making more unemployed
than they did at the workforce we need
to fix that
so there you have it everybody this is
again this is breaking news
from from senator lindsey graham about
this important subject
we're talking 100 wage replacement
everybody
if the 100 waste replacement proposal
is accepted by democrats in instead of
the 600 a week extension we could
see a potential compromise between the
two sides now since lindsey graham's
talking about it
we'll have to wait and see if the senate
majority leader supports it if
other republican senators support it if
the administration supports it but again
knowing
how close lindsey graham is to the
president
knowing how influential he is knowing uh
the fact that he's been
he's been a senator for more than 17
years and he's a highly respected figure
within the republican party i would take
this news very very seriously
i've talked about this earlier in any
negotiation both sides have to
compromise the democrats went from
okay we want 600 a week extension until
2021 to okay automatic stabilization
based on the unemployment rate the
republicans started at 200
a week then they said okay 600 a week
for a week
and then they went okay 70 now lindsey
graham is saying 100
and here we are in the zone of
compromise and in the words of lindsey
graham we can expect
a breakthrough this is significant
everybody again thank you so much
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more information but this is the
beginning
of the final stages of the negotiation
in my opinion thank you so much for
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i'll talk to you soon bye
