Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
This state has gone full on communist…..
Aren’t leases and mortgages contracts? I thought the Dems position is that contracts can’t be changed.
Fir every rent payment cancelled there is a landlord being hurt…
Why 180 days? Why not 360 days? Why not 180 years? Why not eliminate all taxes and fees for 180 days?
look at these morons, attempting to solve a problem they once again created… oops, sorry we created 25% unemployment in two months… whoops! Uh… lets try and fix that with another stupid program!
This is illegal and won’t survive a court challenge. More pointless virtue signalling from socialist dunderheads.
Don’t be too harsh, they totally play-tested this in Monopoly before proposing it.
The problem with bills like this is the same problem with the bailout bills of 2008: moral hazard. Just as bailing out banks caused them to again lend too much money to marginal borrowers, a rent jubilee only encourages renters not to save for a rainy day. Aesop told a fable literally thousands of years ago about the ant and the grasshopper. You must work all summer to save for winter. And the problem is that too many renters spent their money all summer, and now that winter is here, they can’t pay rent. I get what being poor is… Read more »