Does anyone understand the holdup on stimulus?

[Orangeburst]

WAIT...stimulus will RAISE the GDP??

5% from bottom numbers, Not good at all. Sounds like Obama maff

 

[Orangeburst]

Honestly, what does 1200 do for anyone in today's world?

Unless you are 20 and living with a roommate odds are 1200k gets your family through 1 more week and barely.

Just don't shut everything down and let people work.

Seems like the entire world monetary system will be brought down, and replaced.

 

[volfanhill]

You sure about that???
3M to cut 2,900 jobs globally in restructuring

Seeing as how Government spending is part of the GDP equation well no shat. Selling our future generations down the river bc we are a bunch of greedy bastards is the problem.

 

[Boston Vol]

You sure about that???
3M to cut 2,900 jobs globally in restructuring

Yes. The only “stimulus package” that’s needed is to reopen the damn economy.

 

[hog88]

So we need higher taxes to cover that spending, duh.

Then we can increase spending even more.

 

[DEFENDTHISHOUSE]

 

[Pepe_Silvia]

View attachment 331668

Hand me the stick.

 

[carlos86]

Seeing as how Government spending is part of the GDP equation well no shat. Selling our future generations down the river bc we are a bunch of greedy bastards is the problem.

Where was this argument 3 1/2 years ago??? Selective conservatism is hilarious and it’s even funnier since the study about how trickle down economics doesn’t work.

 

[volfanhill]

Where was this argument 3 1/2 years ago??? Selective conservatism is hilarious and it’s even funnier since the study about how trickle down economics doesn’t work.

You clearly don't know my thoughts on Government spending. Trust me it's not selective.

 

[SpaceCoastVol]

yes but the danger is losing Senate control and these Kentucky hicks are going to cause it -- then what ? Biden and Harris pass everything they want

and America dies. Just like Venezuela

Oh except I forget... OUR socialists are smarter than any socialists that have ever lived. It will work this time.

 

[ajvol01]

There are people that can't find work. I am sure people are willing to work.

Where is this happening?

All year in 2020 manufacturers can’t find enough people to work

 

[Thunder Good-Oil]

Where is this happening?

All year in 2020 manufacturers can’t find enough people to work

The best government stimulus would be to subsidize the relocation of people with skills to areas that are in need of people with those skills. Labor unions, the friends of the Socialists in charge, would probably resist something so radical.

 

[carlos86]

Stimulus Deal reached.

Total of $900 billion
IN:
- $300/week UI
- $600/person checks
- $284B PPP for 2.0
- $82B for schools
- $27B for transit
- $25B for rental $, eviction moratorium
- $13B for hunger
- Vaccine distribution $
- Surprise billing legislation
- $10B for childcare

OUT:
- Retroactive UI
- UI of $600/week of spring/summer
- Checks for immigrants/adult dependents
- Direct aid for state & local govs (Ds had asked for $1 trillion)
- GOP's liability shield
- Hazard pay for essential workers

 

[volfanhill]

Stimulus Deal reached.

Total of $900 billion
IN:
- $300/week UI
- $600/person checks
- $284B PPP for 2.0
- $82B for schools
- $27B for transit
- $25B for rental $, eviction moratorium
- $13B for hunger
- Vaccine distribution $
- Surprise billing legislation
- $10B for childcare

OUT:
- Retroactive UI
- UI of $600/week of spring/summer
- Checks for immigrants/adult dependents
- Direct aid for state & local govs (Ds had asked for $1 trillion)
- GOP's liability shield
- Hazard pay for essential workers

Yea! We continue to screw our children! We are so great! How long before inflation becomes a massive reality?

 

[Velo Vol]

How long before inflation becomes a massive reality?

What does the bond market say?

 

[volfanhill]

What does the bond market say?

 

[carlos86]

I’m just going to say that if there was a time for the government to borrow money it would be now while the interest rates are still low and you don’t have to worry about harming private investment.

 

[ajvol01]

 

[volfanhill]

I’m just going to say that if there was a time for the government to borrow money it would be now while the interest rates are still low and you don’t have to worry about harming private investment.

This is actually the perfect example of why our past behaviors are reprehensible. If we had a responsible monetary policy in the past we would be able to assist in crisis moments. Instead we spend like drunken sailors all the time. It's morally wrong.

 

[508mikey]

This is actually the perfect example of why our past behaviors are reprehensible. If we had a responsible monetary policy in the past we would be able to assist in crisis moments. Instead we spend like drunken sailors all the time. It's morally wrong.

Wait til the Dems win the Senate - you aint seen nothing yet

 

[GSD82]

Wait til the Dems steal the Senate - you aint seen nothing yet

FYP

 

[508mikey]

FYP

yeah and it will be a huge steal since the incompetent USPS is a month behind on mail delivery

 

[carlos86]

This is actually the perfect example of why our past behaviors are reprehensible. If we had a responsible monetary policy in the past we would be able to assist in crisis moments. Instead we spend like drunken sailors all the time. It's morally wrong.

Short term investment and infrastructure projects would not be a major driver of the debt. The national debt is driven by long term expenses (social security, Medicare an the cost of healthcare nation wide.) You get 2 of those 3 under control and the problem is solved. Oh and stop cutting corporate and income taxes for zero logical reason. And before anyone says and thing about the idea of Medicare for all: it’s a idiotic idea and Bernie Sanders and AOC should be shot into the sun for endorsing it.

 

[Boston Vol]

Apparently the bill is 4,100 pages and they can't get it to print because it won't load.

 

[Ernest T. Vol]