Utopia Talk / Politics / Trump promises $5000 each if he wins mid

Jesse Malcolm Barack rank

Thu Sep 10 17:19:10 https://ed...keaways-5000-payments-dividend Trump makes an extraordinary offer of $5,000 payments, and other takeaways from RNC convention’s first night President Donald Trump vowed to pay every American adult $5,000 if Republicans retain their House and Senate majorities in November’s midterm elections – an extraordinary offer as he tries to keep his party in power. But he offered no details on how he would pay for such a move, which he equated to companies paying shareholders dividends and the extra $1,776 checks his administration issued to members of the military last year. “Here is my promise: If the Republicans win the House of Representatives and the United States Senate, both of them,” Trump said, “I will issue a dividend to every adult citizen in the United States of America for $5,000.” He stressed that the payment — which he named “the Trump dividend” — comes with a condition: It must be spent in the United States. Trump’s pledge came in a speech to Republicans who gathered in Dallas on Wednesday for the first night of an unusual midterm convention. The president is seeking to overcome lagging approval ratings, economic headwinds and historic trends against the party in power in his bid to retain the GOP’s majorities – and stave off a slew of likely Democratic investigations and fierce opposition to his agenda – for his final two years in office. The effort would cost the US government $1 trillion, adding to its more than $40 trillion debt load. That’s equal to the amount that all AI companies are expected to spend on infrastructure this year – a number that is already clearly causing inflation to rise. “It is the working definition of ill-timed and ill-advised fiscal policy,” said Joe Brusuelas, chief economist at RSM US. When Trump previously proposed issuing $2,000 tariff rebate checks to most Americans, his treasury secretary noted, “We need legislation for that.” Vice President JD Vance last night attempted to explain how the US would pay for the dividend, suggesting that the money would come from tariffs. “We’re taking in an extraordinary amount of revenue because the president of the United States is actually standing up to both foreign companies, but also foreign countries,” Vance said in an interview with Fox News. “What the president is just saying is … if you keep us in power and allow us to continue to do these things, then you’re going to share in some of the benefit of this incredible wealth that we are creating.” The president, in his speech that concluded the first of the convention’s two nights, also went on to rail against Democrats, calling them “dumocrats.” He touted his border security efforts and bragged about the political potency of his opposition to transgender women participating in women’s sports. And as his political operation begins spending tens of millions of dollars, Trump vowed to campaign hard for the GOP through November 3. “I’m asking you to pretend that I’m on the ballot,” he said. “I’m on the ballot. Just one more time.” Here are takeaways from the first night of the convention dubbed by the president’s supporters as “Trump-a-palooza”:

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