Hi everyone, this is Dr. Nitin Chhoda with Ignition Time. In this video I'm
going to cover President Trump's anticipated executive actions.
Why we need to essentially not have too much hope in this and i'll tell you
why because the confines of presidential power
are highly limited. There's actually a plane going over my head right now.
I actually live near a private airfield where a lot of people
fly their planes up and down on and off all the time.
But in this video I'm going to talk about the executive actions that the
President is going to take, that's number 1.
Number 2, why we should probably not get our hopes up too much because
the confines of Presidential power are very limited and why the democrats
are saying that, you know, they're going to challenge a
lot of what the President is doing. So we'll get into
that but first of all let's get into exactly what's happening
right now. The President has has essentially said that he's going to
take unilateral action on unemployment benefits extension,
on the eviction moratorium on extending it as well as on the payroll tax cut
which actually is something that he wants
and a lot of republicans and democrats aren't even behind that and he also
wants to do something on student loans. Now remember
he did hold a press conference yesterday and I'll play that clip for you so you
can watch it. But at this point it was just a press
conference. No executive actions have been taken yet.
So I think we need to just, you know, be calm and look at this
situation as it unfolds because number 1, no executive actions have been taken
yet. Number 2, even if executive actions are
going to be taken it remains to be seen how effective
they'll actually be. So this is where things stand right now, as
far as the eviction moratorium is concerned
the President does have legal power to
to extend the eviction moratorium but the Democrats have said the key is not
just the extension of the eviction moratorium
but to actually give money to renters for assistance. So they want to give
renters money, that's number 1. Number 2,
as far as the payroll tax cut is concerned the President can,
in all probability, defer payroll taxes legally
but some Republicans have simply pointed out, I mean
it's going to be due later. So the chances are that businesses will just
hold cash because they have a big bill coming up
later. Remember this is not a waiving of the payroll tax,
this is a deferment of the payroll tax that the President is talking about.
And also this doesn't help those who are unemployed, this just helps those who are
employed, so you know there's that. Number 3, as far as
unemployment benefit extensions are concerned
President Trump's options at this moment in time seem to be very unclear. We don't
have a consensus yet. You know there's some
talk that hurricane relief money can be moved.
There's some talk that the the emergency unemployment relief
program that's activated under natural disasters which is called the DUA
program. By the way this is not the same as
the PUA program. So again there's the DUA program which is an emergency
unemployment relief program that is activated during natural
disasters not to be confused with the pua program
and not to be confused with the $600 federal unemployment booster.
Okay so let's not confuse the two. They are similar, so there is some talk that
there could be hurricane relief money
moved over and so that's what's going on right now.
A lot of things up in the air right now let's go let's go into exactly
what the president said and the president signaled that he was
ready to forge ahead without congress to try and address the lapsed economic
relief measures and he said if democrats continue to
hold this critical relief hostage i will act under my authority as
president to get americans the relief they need now he said this at
his private golf club in bedminster new jersey and in fact
let's roll the tape and listen to exactly
what the president said and let's watch this right now
if democrats continue to hold this critical relief hostage i will act under
my authority as president to get americans the relief they need
and what we're talking about is deferring
the payroll tax for a period of months till the end of the
year and i can extend it at a certain period hopefully i will be
here to do the job we're going to do the job
we've been doing the job like nobody could
nobody would actually and so we're going to have the payroll tax go
till the end of the year and it'll be retroactive
to july first so we're going to go back to july 1st and it'll go to the end of
the year payroll tax at the end of the year it may be
extended we're going to enhance unemployment
benefits through the end of the year so unemployment benefits will be that's
a big one will be brought out to the
end of the year and defer student loan payments and forgive interest
until further notice so students who are paying student loans and in many cases
are not even allowed to go back into their colleges
extend the eviction moratorium we will be extending that
so people aren't evicted not their fault now i just want to be clear a lot of
things are still very uncertain from this press
conference at the press conference the president said he was prepared to sign
executive orders that would pay unemployment benefits through the rest
of the year offer eviction protections that have
lapsed and also provide student loan relief he said that
but however there were no details there were no details on how this would work
to what extent the benefits you know what exactly how much help
there would be and when it would be and how long it would be so there was no
clarity on that he was specifically asked to the government
would continue paying the 600 enhanced unemployment benefit extension
that actually expired on the 31st of july and he responded
i quote i won't say that yet those are words from the president he
also said he wanted to sign an executive uh an executive order that would defer
payroll taxes retroactively from july through december of this year
it was unclear how this would work and whether taxpayers would end up owing
all this money back in january of 2021 so again
there's no clarity right now uh the president's press conference
was largely and is at this point largely symbolic
we're going to wait to see if there is anything this is why i want my viewers
and subscribers just i'm just going to be honest with you i'm always 100
percent straight with you don't get your hopes up right now uh the president
even if he does sign an executive order we don't know exactly how much relief
there's going to be so as you know whatever happened on capitol
hill there was a very bitter unraveling of all of those talks and uh
there's been there's been a lot of partisanship
with all of these stocks and uh steven mnuchin said at this point we are going
to recommend to the president that over the weekend we move forward
with some executive actions i did analyze that
interview in in in a lot of detail and mnuchin also said if you're talking
about compromise even with their trillion dollar washington dc
magical way by the way this was meadows excuse me uh
white house chief of staff mcmahon says if you're talking about compromise even
with their trillion dollar washington dc magical way of saying they are coming
down a trillion they can't come up with any significant cuts in
their bill so there's a lot of there's a lot of partisanship that's
going on right now and um again there are no executive orders yet
but president trump did say that he's going to be
uh that he's going to be issuing the executive orders let me see
uh he did say that he again i'm just going to emphasize these executive
orders unemployment benefits to be extended until the end of 2020
he has said this but nothing has happened yet and his specific words were
going to enhance unemployment benefits through the end of the year
he said student loans will be deferred interest will be forgiven
but he said he would only defer student loan payments um
under under presidential executive order but he would also like i said forgive
interest payments so there's that and he talked about the
extension of the eviction moratorium now the problem though is that democrats
have said that the president's powers are limited on
stimulus so um now lawmakers on both sides of the
aisle have agreed that the president can indeed take executive action to limit
some evictions but democrats say the president does not
have the authority to act unilaterally on such matters is
what speaker nancy pelosi said when she was talking to reporters she
said and i quote i don't think they know what they are talking about
wow the one thing the president can do is extend the moratorium and that would
be a good thing if there is money to go with it
so she said if there is money to go within and talked about that at the
start of this video the democrats don't just want an extension
of the monatorium they want money to renters
and she said and she let's see so there's obviously there's a lot of
discontent on jobless aid and this is what white house
spokesperson judd dear said they said a legislative action
in other words agreement between congress
and the senate leading to a bill that's signed by the president that was the
goal but president trump was and i quote
fully prepared to use his executive authority to help those who continue to
be impacted so again that is where things stand
right now so from senator schumer chuck schumer he said we democrats believe
the patients need a major operation while republicans want to apply a
band-aid and we won't let them just pass the
band-aid go home and still leave america bleeding i mean
these this kind of language is super interesting it reminds me of my
of my of my uh you know of my high school teacher and my college teacher
you know speaking in these kinds of uh metaphors but uh you know you know you
know and i know what needs to be done what is the need of the hour
and uh this is what mitch mcconnell said the argument is over how much is
appropriate at this particular juncture as we struggle to get the economy back
on its feet and get the country in a place where it can
sustain itself until we get a vaccine i mean that sounds good
but there needs to be an agreement so people need to get help right
and the senate appropriations committee chairman richard shelby
from alabama told reporters read an impasse right now at this moment it does
not look promising in this is what center
lindsey graham said can you legally do it i'm for a payroll
tax cut i am very cautious about executive orders lindsey graham
he's a very important republican okay you know i don't want to bless one
i like because it may open up the floodgates for things i don't like
interesting i'm going to repeat that that was very interesting uh you know
lindsey graham you know i don't want to bless one i like because it may open up
the floodgates for things i don't like because you see um an executive order to
do something unilaterally creates uh creates a cycle if you will
of future executive orders not just from
this president but future presidents that want to take unilateral action by
bypassing congress on important critical issues like this
and a legislative issue like this is probably the most important piece of
legislation the country has ever seen since world
war ii that's that's the stage we are in right now
and you know i you know i see i read a lot of comments in the in the comments
section and uh you know there's a lot of anger
there's a lot of frustration there's a lot of animosity there's a lot
of toxicity out there and my request for all my viewers or by
the way this is the end of the content portion
of my of my video i'm going to try and give you
some some of my insight on how we can deal with this situation not just
financially but emotionally so if you want to stick around you're
welcome to and also i have a song for you because i did write a song that i'm
going to release for you guys in this video today but i believe that
uh the amount of toxicity that exists in this situation
is significant and i believe that at the end of the day
um you know toxicity just breathes breathes more and more more and more
anger more and more anguish i think that i was reading or i read i read most of
our comments and i was reading one particular comment from one of our
viewers and subscribers sarah from connecticut
who said that she was going to be living in hakai and that really struck a chord
with me i mean i uh sarah i mean all of us our heart goes
out to you and what really what really made me
encouraged was there were over 50 responses last time i checked
to sarah including an individual from atlanta who said hey i'd love to be able
to help you here's my number i think that
what we can do in this situation is try try
to end the cycle of toxicity by trying to help each other you commenting below
and interacting with other with other viewers with other subscribers with
other fellow americans is going to it's a small thing but it
matters and if you guys want to go one step
further and maybe get in touch with each other and help each other that's between
you all i i don't even know how that works with
youtube i mean i guess the way that could work is you could
send a message to someone in the thread and once they contact you delete your
message because obviously you know you don't want your
information to be out there publicly for the whole world i don't know
how that works but i think the two things that we can do right now
for each other for our fellow americans is one offer
some understanding offer some hope offer some healing
number two try and end the cycle of toxicity try and end the cycle
of this anger this anguish and by the way you may not succeed i just want to
be very clear you may not succeed if you try and help
someone it's possible that there's so much toxicity in their mind
through their past experiences through maybe
they judge you for some reason whatever it's okay it's okay if you try and
help someone and heal someone and then they in turn reject you
or even lash out at you that's okay but you do your part
by being kind by being loving by being caring by being
giving but there's something simple you could do is pick up the phone
and call someone you know say i'm just checking to see how you're doing
send them a text message send them an email those little things matter guys
those little things matter for me and i've said this before i'll never get
sick of saying it you might get sick of hearing it for me
it's not about the red or the blue it's about the red white and blue
i'm not democrat i'm not republican i'm american okay
um so i want you guys to just help each other i want you guys to in the comment
section below let's rally together let's let's comment
and help each other you know obviously you may not want to
initiate contact with other people but that's okay type in the comment section
below type out what you're feeling type out
what you need help with i'll chime in as best as i can others
will chime in and let's let's let's help each other and you know
let's avoid as far as possible let's you know it
doesn't help you know to to name call the republican party or the
democrats it it doesn't really help guys let's talk
about what we are facing let's talk about what we need help with
and and let's try and help each other through this crisis and
for me i'm in i'm in my backyard right now and uh it is a beautiful day
so i wrote a song called daylight actually um
and i'm going to release a song daylight to you right now it's my gift to you i
hope you guys enjoy it and i have written a few more songs that
i'll be releasing for all my viewers and subscribers at
ignition time this is where we stand right now i want
us to heal i want us to get through this which we
will i want us to be healthy and happy and i want us to be supportive of each
other we need to build a supportive community
and we must end the cycle of toxicity the cycle of toxicity is beginning now
and we have to do what we can to bring an end to it we have to do
everything we can to to support each other and to try and nip this in the bud
as best as we can and i do believe that this entire experience is going to shake
our confidence in government for a long time
but i think the solution here instead of being negative is to look inwards be
positive and hopefully this can bring out
the best in us because i believe we are only as strong as our weakest moments
i do sincerely believe that i i mean i run multiple companies i believe my
companies are as strong as the weakest links
similarly i believe a human being is as strong as their weakest moment and i
believe that if you can do your part to end the toxicity again pick up the
phone talk to someone send a text message to someone send an email to
someone comment below and help other fellow
members and by the way someone like sarah from
connecticut it takes guts to share what you were sharing
and i think you're amazing and i think you're incredible and i
uh i think you are as it doesn't matter that you're struggling now and that
you're sleeping in your car it's nothing to be humiliated about just
so that you know i've been homeless and i've slept in my car
and so i know what that feels like there's nothing embarrassing about that
i believe that you sharing that took a lot of guts
and i want you to know that uh you know what you did was incredible and we are
all here to support you i'm here to support
you and um i think that we should all rally
behind each other sarah feel free to comment below
everybody else feel free to comment below
let's end the cycle of toxicity let's support each other because this is
this is the end of one phase of our lives the financial dependence
on on um on government if you will uh the the inability to save right and
this is the beginning of a new chapter of our lives and that's where i will
take you and that's why i will lead you thank you so much for watching uh if you
did learn something new please click the like button
please also subscribe if you're not a member already please enable
notifications so you get instant updates going forward
and now ladies and gentlemen this is a song for you
daylight i hope you enjoyed bye it's time to finally welcome the daylight
let's get ready for that moment in time when it's all good
when it shines so bright and out of body experience
like i am in flight it's easier under the shades
late at night as you hide from the heat of the sunlight
life for shades of grey of black and white
you've always got to be ready for the next fight
i don't need no sympathy nobody's plight i know my problems are never out of
sight i'm the hero of my journey the shining
knight my life is beautiful every breath is a
delight as i lie awake in the middle of the
night i realize my life has one big highlight
everything's fine it's gonna be all right
my life is glorious because this is my birthright
it's time to finally welcome the daylight
let's get ready for that moment in time when it's all good
but it shines so bright another body experience like i'm
in flight i don't need no sympathy nobody's blight i know my problems
they're never out of sight i'm the hero of my journey the shining
night my life is beautiful every breath is