President-elect Joe Biden continues to face sabotage from the far-right loyalists of Dictator Donald Trump (DDT), and Dana Milbank lays much of the responsibility in the hands of DDT’s budget director, Russell Vought. During Vought’s two years in the office, the national debt increased by $6 trillion while predicting a 2.8 percent GDP growth last February, just before the economy’s collapse. Milbank writes:
“But what Russ Vought is very good at is sabotage. He’s sabotaging national security, the pandemic response and the economic recovery — all to make things more difficult for the incoming Biden administration… He has blocked civil servants at OMB from cooperating with the Biden transition, denying President-elect Joe Biden the policy analysis and budget-preparation assistance given to previous presidents-elect, including Barack Obama and Trump himself. Transition figures warn that it will likely delay and hamper economic and pandemic relief and national security preparation (the Pentagon is the other key agency resisting transition cooperation with the incoming administration).”
DDT is transferring up to $700 million from low-paid wage earners to their employees by giving tips for waiters and waitresses to back-of-the-house employees. That money can then be used for minimum wages. With the change, tipped people can be required to do non-tipped work for their minimum wage, as low as $2.13 an hour and under the federal minimum wage in half the states. Employers can then fire some of the regular minimum wage employees.
The favorite bankers of DDT and Jared Kushner at Deutsche Bank, Rosemary Vrablic and Dominic Scalzi, have unexpectedly resigned after the Manhattan DA’s office and New York AG subpoenaed Deutsche Bank about its lending relationship with the Trump Organization. DDT owes Deutsche Bank about $330 million, and the loans come due in 2023 and 2024. If he doesn’t repay the bank, it can collect on his personal assets. Last year, the bank’s anti-money-laundering specialists recommended DDT’s and Kushner’s transactions be reported to the Treasury Department’s financial crimes watchdog, but executives failed to follow through.DDT: Week 206 – Sabotage, Blocking Change | Nel’s New Day