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Fmr. Obama Economist: Trump’s Coronavirus Payroll Tax Cut Not The Answer | The Last Word | MSNBC

March 13, 2020


100 Comments

  • Reply loony loony March 11, 2020 at 3:42 am

    Trumpfs way of fighting disease= tax cut? What a stable genius this man must be.

  • Reply nick love March 11, 2020 at 3:44 am

    Donald Trump and the Republicans never had a clue on how to do anything right for the Country, All the Republicans and Donald Trump do is play the blame game to get the people of America to go along with their failed policies and plans, the Trump administration is corrupt and crooked and a joke, and we the people are sick and tired of all these corrupt politicians and a conman, corrupt President with his crooked corrupt kids.

  • Reply loony loony March 11, 2020 at 3:44 am

    Conservatives are not goomg to like paid leave, they wpuld see that as welfare. They are happy to give welfare to corporations just not the American people.

  • Reply Bill R March 11, 2020 at 3:59 am

    So the hatred of Trump in this thread is so strong that people are actually opposed to a tax cut. Amazing. Why not pay MORE taxes then… voluntarily. Just send the gov't more of your hard-earned money. Losers.

  • Reply Yah Saves March 11, 2020 at 4:26 am

    Yeah let's listen to someone related to the Obama economy. Bwahahaha

  • Reply Tom Campbell March 11, 2020 at 4:33 am

    The last 3 plus years MSNBC and CNN and all the other left wing media tried to turn the people against Trump…. the opposite happened – Money donated to the Trump re-election
    campaign has increased – his poll numbers have continue to go up – and tens of thousands of people across the country fill giant venues to attend his rallies….. and tens of thousands stand outside and can't get into his rallies – keep up the good work MSNBC and CNN and company….

  • Reply K Joyce March 11, 2020 at 5:31 am

    CORONAVIRUS TAKE HIM AWAY.

  • Reply spelunkerd March 11, 2020 at 5:53 am

    Gotta bet his own personal business will gain, by another reduction of tax on wealthy hotel owners. Who knew, every move Trump has made is in his personal interest.

  • Reply Myron Helton March 11, 2020 at 6:17 am

    Walmart has life insurance only for Walmart for it's employees to sign. Trump offered sick could stay home without being fired. Walmart touts that its got a new plan. Its actually Trumps plan that offers absolutely nothing to elders that the virus is lethal to. Walmart has more employees than anyone in the world. Almost all old workers work at Walmart. How did all you people out there know Walmart's old employees are ALL part timers? Does anyone actually believe that an old person that wants to sit home away from the disease that Walmart will let them. So, Trumps plan if elder gets virus, he can go home & rest. By that frigging time the elder is dead as sam hill! If an elder sits out the virus at home, heck fire, that's an enormous amount of life insurance lost.

  • Reply Tony Brady March 11, 2020 at 6:23 am

    Coronavirus is the final nail in Trumps and this administration's coffin

  • Reply Corporal Punishment March 11, 2020 at 8:52 am

    A strong economy dose not collapse an economy tethering on the edge collapses. So print more money cut more taxes anything but tax the uber wealthy that will fix it right! When will Americans realize that Republicans screw the country each time they get elected.

  • Reply khalid khawaja March 11, 2020 at 9:24 am

    I truly believe that President Trump is TESTED POSITIVE for the Coronavirus., three reasons which I think. 1. He came in close contact with the infected person. 2. President's health is obviously given priority so they must have tested. 3. They are lying because Trump has no symptoms. So they are playing the 'lie' because President has no symptoms. Now if President develops no symptoms then the lie would work If he develops symptoms then they would simply say President is tested positive

  • Reply Iracema Passos March 11, 2020 at 9:33 am

    When this kind of crisis happens Republicans and Democrats must join forces. Donald Trump is a mental case. My God, he only thinks of himself. He is a true psychopath.

  • Reply William Watts March 11, 2020 at 9:51 am

    The wealthy man's solution to all problems. throw loose change at the poor and all is well.

  • Reply Tor Hunemark March 11, 2020 at 9:52 am

    The US will be worse off than Italy at the hands of this Corona President.

  • Reply Luciano Corona March 11, 2020 at 10:31 am

    Tax cuts are More and more deficit spending. Just print money to pay your bills. What a phoney system this works is run on.

  • Reply King Lay March 11, 2020 at 10:33 am

    If American doesn't solved the coronaviru problem themselves, Than their own people die. There is no other countries can help.

  • Reply Cozmic Firefly March 11, 2020 at 10:40 am

    In the end. they all blaim God because they have to blaim someone.

  • Reply Jose Cuesta March 11, 2020 at 10:49 am

    People wants to take out their 401 K and they refuse to gave it out. Trying to save what's left.

  • Reply Warren Jackson March 11, 2020 at 10:58 am

    Glad you all are talking about. Biden. Thanks for the perspective

  • Reply Myxel Plix March 11, 2020 at 11:04 am

    So wait the payroll tax funds social security and Medicare. So if the cut it do the people on it get less and or the future recipients may not get enough or any when they retire. Not withstanding the fact that my kids may not ever see it anyway.

  • Reply jay March 11, 2020 at 11:08 am

    Economists really are a special breed of anti-science buffoons. Tax cuts are virtually always the answer. Both theory and empirical data are 100% crystal clear on that.

  • Reply Jerry Oliver March 11, 2020 at 11:25 am

    every time the GOP are in charge, I lose. 2008 i nearly lost everything. I now back to where i was in 08 and now it is sliding again. I will never get to retire in any comfort

  • Reply Pete Ceny March 11, 2020 at 11:31 am

    Yeah, the kenyan state chief economic adviser trying to rationalize the American economic…LOL

  • Reply Antonio Renteria March 11, 2020 at 11:41 am

    they should be trying to slow down the economy, not jump start it.

  • Reply Chere Kwa March 11, 2020 at 11:43 am

    Wow! Brain drain in the White House!

  • Reply Tosca Tattertail March 11, 2020 at 11:55 am

    let me guess payroll tax cut now and have to pay more in income taxes on your return? How about putting money into getting these tests made and a vaccine created so people can be protected.

  • Reply Mike C March 11, 2020 at 12:02 pm

    I won't insult Trump supporters.They are people who bore the brunt of globalism and watched their world crash & burn. America & allies spend & spent a gazillion dollars on improving the lives of people who continue to remove the limbs of allied forces. These people have lost hope. So they voted for something different. I get it. A pandemic doesn't care about politics, colour, religion, gender, age or whether you are good, bad or whatever. It exists to infect people. People need to know the risk it poses to them and their loved ones. Secondly, they must be told what they can do to manage / minimise their risk. Thirdly, they need to know what is happening and what practical steps the federal government is doing to keep people safe. It beggers belief to know that Trump is deliberately lying about this highly infectious disease to win an election over the bodies of loved ones, by not looking at the spread of this panemic. If your loved ones are unknowingly being placed at risk then how can america's national security be healthy? I don't expect Trump to know what specialist doctors know. His only job is to protect Americans. But he can't admit to reality. This virus is highly infectious for quite a while before symptoms appear and that's why it's critical to test people. The economy was in bad shape because of his socialist handouts to the uber rich and trade wars that cost jobs. He is criminally negligent.

  • Reply JOHN DOE March 11, 2020 at 12:22 pm

    Trump the IMPEACHED is a real AZZhole

  • Reply Lucious H. Dorsey III March 11, 2020 at 12:45 pm

    Payroll tax cuts. Concerned for consumers.
    Businesses and spenders only. Regular Americans need not worry about being considered.

  • Reply Robert Pauly March 11, 2020 at 1:02 pm

    Everyone is not going
    to be trapped in their homes. This will be over with soon . What a bummer. Were not all going to die and the economy is not crashing. Have to come up with a new narrative in a month or two.

  • Reply Curt S March 11, 2020 at 1:03 pm

    Because Obama economists were so effective? Lol go crawl back into your hole with hussein obama

  • Reply David Kanera March 11, 2020 at 1:05 pm

    So they stop withholding my federal taxes. Then when i do my taxes in February i find out i still owe that money. How does that help me?

  • Reply Cyndi Lopez March 11, 2020 at 1:06 pm

    Cutting payroll tax on a $0 dollar check due missing work from coronavirus? Yea, smart!

  • Reply Brian Szymanski March 11, 2020 at 1:09 pm

    Recession coming these fools and Trump destroyer of Democracy has done nothing but his usual, let it fail. What did you expect from a conman and grifter. Good luck .

  • Reply David Gainey March 11, 2020 at 1:27 pm

    You idiots the payroll tax should be removed always should have been itโ€™s not fair to the poor and middle class as you middle class is paying note taxes than millionaires

  • Reply Moose March 11, 2020 at 1:28 pm

    Trump's Tax cuts are the plan to Bankrupt the USA. how will a tax cut help a virus crisis ?

  • Reply Peter Idzerda March 11, 2020 at 1:29 pm

    Is this a joke? This is a typical Trump "solution" i.e. borrow more money or don't pay at all. This man litterally lived his entire life on other peoples' money. This idea is totally ridiculous and is the rotten fruit of panic out of fear of losing.

  • Reply Joon Chung March 11, 2020 at 1:32 pm

    I believe UBI (Universal basic income) temporarily during this crisis would be more effective to boost the economy than cutting payroll tax because Everybody including self-employers and unemployees can have money to spend on daily usages immediately.

  • Reply Gary Albert March 11, 2020 at 1:34 pm

    Hmm trump's* last payroll tax cut didn't help me at all!!! Sure I had a few dollars more in my pay check but the reality was that my paycheck didn't go as far as it had use to before the tax break…
    And now the moron wants to try and give use another one during this HEALTH crisis!!!!
    How is that going to help and who is it going to help,the top 1% again???
    He should stop worrying about his precious stock market and start to do something preventive about this virus like actually start wide spread testing in an effort to contain and control it's spread!!!
    It's been my experience that the stock market thrives when it has CONFIDENCE in the LEADERSHIP of the government!!!
    trump* and his adminstration have been very slow to react to this threat the virus presents and how can the stock market have any CONFIDENCE in an adminstration with such pathetic leadership???

  • Reply Julie Anne March 11, 2020 at 2:15 pm

    Can't wait till we have intelligent, responsible leadership again!!
    ๐ŸŒŠ๐ŸŒŠ๐ŸŒŠ

  • Reply Cherie Cullum March 11, 2020 at 2:29 pm

    And you guys really believe tRump hasnt been tested??? Fools, the orange clown likely gets tested 3 times a day

  • Reply Sheri Mignano March 11, 2020 at 2:36 pm

    Trump is obviously sweaty, incoherent and full of s#$% while he tried to invent the 'throw everything against the wall' and see what sticks!

  • Reply Douglas Barton March 11, 2020 at 2:43 pm

    What's your opinion
    That is the bigger threat facing the world – the coronavirus or Donald J Trump?

  • Reply ronkirk50 March 11, 2020 at 3:03 pm

    tRUMP suggests yet another huge tax cut to cause the national debt to surge even higher? Give me a break! This moron in the white house is determined to bankrupt the country just like he did his companies. HE IS NO BUSINESS GENIUS, PEOPLE. This will be just another mess for the Democrats to cleanup in 2020 that will be left by a failed GOP administration. Remember the economic crash Baby Bush left for President Obama to cleanup? The GOP will bury this country in debt if we let them!

  • Reply augsburg March 11, 2020 at 3:07 pm

    Payroll tax cut for who? Employees or employers? Does Trump's payroll tax cut really mean cutting payroll taxes for social security and medicare? How does lowering payroll taxes for those (which will cut SS benefits) help anyone?

  • Reply T M March 11, 2020 at 3:37 pm

    One of Trumps stupidest ideas ever. Gutting/defunding Medicare, Social Security, and Survivors benefits would DESTROY these programs.

  • Reply Mark Bantz March 11, 2020 at 3:46 pm

    Trumpโ€™s a moron!!

  • Reply Mike McDonnell March 11, 2020 at 3:54 pm

    Payroll Tax funds YOUR Social Security and Medicare. Think about that. The Republican'ts have been trying to eliminate these programs since the 1930's despite the fact that the majority of Americans depend on them. Want to secure them for the future? Raise the cap on earnings, currently on only the first $137,700 per year. That's right Bill Gates and all the other millionaires and billionaires only pay on the first $137,700.

  • Reply Mike McDonnell March 11, 2020 at 3:55 pm

    Trumpublicans have no soul.

  • Reply Italjute March 11, 2020 at 4:43 pm

    1:43 Yes there is a plan. Tell everybody it's the Democrats fault because … um … politicizing and um, … Hillary's emails and um, oh yeah, Obama: https://youtu.be/gmL0id5A_kI

  • Reply This is MAGA Country March 11, 2020 at 4:54 pm

    Democrats loved payroll tax cuts when Obama did it.
    He also extended the Bush tax cuts. Hypocrites!

  • Reply Damon Ford March 11, 2020 at 4:56 pm

    This is all trumps fault. He's too stupid to be anything other than a rich man's son. This p.o.s. gutted the CDC so he could use the money to buy something we don't need. The reason swine flu bird flu n sars never came here because we had good n smart leaders
    CDC did thier job n we dont get sick. Dummy doesn't believe in science or medicine. Typical republikkkans or republicon they go right to let's do a payroll tax. Just another way for him to phuck us THANK YOU FOR ALL YOU GREAT PEOPLE THAT ELECTED THE SAVIOR INTO OFFICE. YUP YOU PLAYED YOURSELF. YOURE TO STUPID TO BE ALLOWED NEAR A VOTING BOOTH. YA LACK COMMON SENSE LEAPORDS DONT CHANGE THEIR SPOTS

  • Reply GUESSMYZAIS March 11, 2020 at 5:23 pm

    โ€œTHISโ€ didnโ€™t blind side the world. You were informed months in advance AND FAILED to put a plan of action in place. In addition. You dismantled the CDC two years prior and as of recent you silenced them from addressing the American people without your consent! Your incompetence trump! will be our downfall! Way past time for your corrupt, filthy and self serving a** to GO!

  • Reply Survivor Turley March 11, 2020 at 5:30 pm

    Right like anyone from the Obama days would know what to do…….

  • Reply Cook51 March 11, 2020 at 6:08 pm

    LOOK AT MY AFRICAN-AMERICAN! Shameful! DIDNT KNOW HE HAD ONE!

  • Reply J Lavem March 11, 2020 at 6:53 pm

    Trump thinking more about money than people, what the is that's a big number who really speaks like that.

  • Reply Jimmy Jemal March 11, 2020 at 7:08 pm

    Fake President. Keep voting for him USA. You will reap the rewards.

  • Reply Kathleen Austin March 11, 2020 at 7:42 pm

    Are taxes the only thing on his brain??? He must be trying to pocket even more of our tax payer dollars before he's FIRED IN NOVEMBER!!!

  • Reply Chris PER March 11, 2020 at 7:47 pm

    Who knew a thing as miniscule as a virus would have the potential to bring trump down. Ijs

  • Reply Julian Crooks March 11, 2020 at 8:05 pm

    He's just using this as an excuse to get another tax break for rich.

  • Reply Dave Calnan March 11, 2020 at 8:25 pm

    Trump doesn't see this as and life and death matter. He sees it as a money maker for the medical industry. Trump fiddles while America burns.

  • Reply Me March 11, 2020 at 8:27 pm

    Cutting payroll tax is the answer for the coronavirus? WTF? So a few extra dollars in your paycheck is going to do WHAT EXACTLY? GIVE ME A BREAK

  • Reply Lexo Getti March 11, 2020 at 8:49 pm

    I just picture Trump sucking on his thumb screaming STUPID STOCKS!

  • Reply Zeb Solaria March 11, 2020 at 9:19 pm

    My spouse and I are in risk category so thanks world for all the screwed up bs you put us thru and for putting us in position to die

  • Reply koala koalason March 11, 2020 at 9:43 pm

    Sniff sniff sniff TRUMP IS A DRUG ADDICT SNIFF SNIFF SNIFF

  • Reply Nancy Desch March 11, 2020 at 10:18 pm

    He just met with house republicans only over this ridiculous payroll tax cut – so where are the Democrats in this being left out. That's not the way a President is supposed to act.

  • Reply Wado Waleli March 11, 2020 at 10:25 pm

    Trump has simply lied about what he has done about the coronavirus because, until the optics of the meeting with bankers today (with Wednesday the 11th) about the economy (not doctors about the virus), he hasn't done squat. The meeting with bankers was ridiculous and shows that he's more interested in the market than he is with the health of the American people. This guy is a disgrace…AGAIN.

  • Reply Mark Core March 11, 2020 at 10:33 pm

    My grandfather, who lived through the depression, always advised me to invest in guns. With a gun you can keep what you have, hunt for food, or take from your neighbor who invested in stocks. A tax cut is useless for a man who lost his job because he stayed home instead of infecting his co-workers. So if you're looking for numbers, a revolver holds 6, a semi-auto can hold 9.

  • Reply Barbara Arndt March 11, 2020 at 10:35 pm

    I can't understand that THIS is happening in the US! I live in London/UK. If I feel not well, have a feaver, sniffle and a cough I just call 111 and they advise what to do and send a health worker to my home and test me. In one day I have the result. Long live the NHS!!!!!!! FREE.
    Same in France and Germany.

  • Reply Barbara Arndt March 11, 2020 at 10:35 pm

    I can't understand that THIS is happening in the US! I live in London/UK. If I feel not well, have a feaver, sniffle and a cough I just call 111 and they advise what to do and send a health worker to my home and test me. In one day I have the result. Long live the NHS!!!!!!! FREE.
    Same in France and Germany.

  • Reply ArizonaWillful March 11, 2020 at 10:49 pm

    But what these talking heads are ignoring is that Trump is taking this personally and it is all about HIM, as usual. Therefore, he doesn't want "his" numbers (of infected) to go up. Therefore, where is the incentive to send out thousands of test kits, since it will only make the Fearless Leader look bad. Never mind that this is the only way to get a handle on where infections are occurring so that prevention can start in earnest. What REALLY REALLY matters is to make Trump look good. Since the man in incompetent, the only way to do that is to severely under report the number of infected. Test kits are the enemy of this administration which believes that reality is whatever they say it is.

  • Reply T Dawg March 11, 2020 at 11:20 pm

    So, the 30% of the country that hired an orange moron to be president are about to reap the whirlwind. Unfortunately, they're taking the rest of us with them. Turns out that decisions have repercussions – who knew?

  • Reply Knight1415 March 12, 2020 at 12:06 am

    The economy can be saved even at its lowest. We currently cannot save nor replace the dead. What good is the economy if your on the verge of dying or already dead?

  • Reply Roy Morales March 12, 2020 at 1:26 am

    Trump says his tweets will stop the coronavirus ๐Ÿคฃ๐Ÿ˜‚๐Ÿคฃ๐Ÿ˜‚

  • Reply Roy Morales March 12, 2020 at 1:27 am

    News flash Trump Says The End Is Near

  • Reply Mike Tibbetts JR March 12, 2020 at 1:35 am

    A tax cut will cure coronavirus?

  • Reply Dennis Stewart March 12, 2020 at 2:50 am

    Thatโ€™s interesting he is going to cut the payroll tax and cut others social security checks to make it break even. These republicans are not ready for anything!!I IDIOTS

  • Reply Jez Coates March 12, 2020 at 3:21 am

    "Get to the summer and hope it dies off." Umm the southern hemisphere is just coming out of summer and we have it here …

  • Reply toney ingram March 12, 2020 at 6:48 am

    How that 401 k doing now lol

  • Reply Lee Sowden March 12, 2020 at 6:59 am

    How about letting the elite use there own money they have plenty

  • Reply Michael Kong March 12, 2020 at 6:59 am

    its the only thing he understands, he thinks tax cuts will solve all problems

  • Reply Toney Orange March 12, 2020 at 7:01 am

    Trump ๐Ÿ’ฉ๐Ÿคฎ๐Ÿคฎ๐Ÿ’ฉ๐Ÿšฝ๐Ÿ‡บ๐Ÿ‡ธ

  • Reply Kat Potter March 12, 2020 at 10:13 am

    What good is a payroll tax cut if you can't go to work because either your job has been locked out or you're in the hospital for weeks?

  • Reply W T K March 12, 2020 at 10:29 am

    Do not have the fantasy that the pandemic will subside in warmer weather. In singapore we have over 90 degrees average temperature and we are continuously getting new cases. Protect yourselves.

  • Reply turtleark March 12, 2020 at 10:49 am

    Worst President

  • Reply Donald Elliott March 12, 2020 at 11:03 am

    Well our president decided to hollow out the government and certain departments and put people in place that were loyal to him but unfit to hold their positions
    The ended policies that were in place to protect the United States from foreign and domestic
    Threats to the United States. So he basically took off all the garos that were supposed to protect us for-profit 4 power and so he could line the pockets of his family and other wealthy Americans….

  • Reply Mark Martin March 12, 2020 at 11:43 am

    The virus is a hoax. Made up by the fake news media.and DEMOCRATS. No the Chinese are to blame. Maybe Italy caused it. That's what the king Baby says. He's always right. He'll bankrupt social security and Medicare so the REPUBLICANS can do away with entitlements. That's what they been wanting to do. Never mind the poor and old. Rich people want their money.

  • Reply Jake Missy March 12, 2020 at 1:41 pm

    Has this virus hit South America yet? Anybody know?

  • Reply Jake Missy March 12, 2020 at 1:42 pm

    We could have been rid of this MORON but the Repugnants wouldn't do their job. VOTE BLUE PEOPLE. YOUR LIFE DEPENDS ON IT.

  • Reply Dan March 12, 2020 at 1:55 pm

    Wow! this guy said at the very last of this segment is to "Slow the spread of the virus"…….How genius???? Because he was correct in the assumed facts that this Covid 19 behaves like a Flu…….True….. The largest threat is that time is our only ally with best practices….. God bless America…….Keep it great and may we survive this ordeal…..Amen…

  • Reply Lydia Waweru-Morgan March 12, 2020 at 3:14 pm

    I love how he slow motion walks away!!! Yeah I'm sleeping well at night. Also why is he meeting with House Republicans? Nancy and the Democrats are the majority!!! They need to be involved!

  • Reply Ron Wade March 12, 2020 at 4:53 pm

    Fleeing the briefing room!

  • Reply John Gallagher March 12, 2020 at 5:13 pm

    The answer to the corona virus is not to help the stock market. The answer is to test anyone who has even the sniffles and then isolate those individuals who test positive. Trump has instructed the CDC to test only those with severe symptoms. Many who have the virus never exhibit severe symptoms yet do spread the virus.
    Trump decided that test kits would be a financial opportunity so he decided that the test kits would be manufactured in the US. This has slowed the availability of the test kits while US manufacturers come up with their own versions of the test kit.
    When you make a businessman the president he doesn't care about saving people's lives. He only cares about the economy.

  • Reply Stephen Forsythe March 12, 2020 at 5:47 pm

    https://www.youtube.com/watch?v=A0chs7bVQ8Y

    this is how to communicate during a pandemic…….someone send the to the Donald

  • Reply Alfonso Mendoza March 12, 2020 at 7:55 pm

    If they have the cure for HIV and canser to you think the dis virus is not man made to you now what is I biologic wapen america do dis so he can have control of the earth America is cant to find the cure of the viruz and he is can to be so spendy

  • Reply Truth Forward March 13, 2020 at 2:09 am

    For all you blind Trump supporters, hope now you can see Trump for the inept, non caring, clown that you all so blindly defended. You all have enabled this self centered nut case to divide and run the country into the ground always blaming the media or Democrats or anyone trying to hold him accountable. Meanwhile, he doesn't give a rats tutu about his supporters or people in general. You all better pray the virus doesn't find your households, your jobs and cost you your life!

  • Reply Robert Gauthier March 13, 2020 at 4:28 am

    You want us to take the advice of a financial advisor to the obama administration ? While were at it how about some boating tips from the captain of the Titanic.

  • Reply LIFEis Good69 March 13, 2020 at 11:37 am

    Forget a pay roll tax. Take it to the IRS and have them issue checks straight to the people. Companies don't need the money.

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    This is a trick to deflate the bubble of brokers and debt.!!!

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