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re: The majority of Americans back new stimulus checks to fight inflation.
Posted on 11/5/22 at 4:59 am to UndercoverBryologist
Posted on 11/5/22 at 4:59 am to UndercoverBryologist
quote:
new stimulus checks to fight inflation.
![](https://media.tenor.com/jGgmfDOxmuMAAAAC/ryan-reynolds-but-why.gif)
Posted on 11/5/22 at 5:09 am to UndercoverBryologist
Gib moar monies!
Posted on 11/5/22 at 5:30 am to UndercoverBryologist
quote:
Then we hear “don’t worry, the tax cuts will pay for themselves.”
A pretty insignificant drop in revenue during the Trump tax cut years.
The government could use some auditing and budget cuts.
![](https://i.imgur.com/bV2M9bf.jpg)
https://fiscaldata.treasury.gov/americas-finance-guide/government-revenue/
Posted on 11/5/22 at 5:39 am to wheelr
There is a stat that at least 1/2 of Americans don't have 1K in the bank for an emergency. Also keep in mind that the the Destroys just attended a conference on the idea for a universal basic income. The tipping point has been reached. USA got a little over 200 years before the implosion.
Posted on 11/5/22 at 7:51 am to UndercoverBryologist
Majority of Americans don't understand what causes inflation.
Posted on 11/5/22 at 8:06 am to UndercoverBryologist
Inflation = demand out-paces supply, drives prices up
Reduce inflation = lower demand and/or increase supply
New stimulus checks = HIGHER demand
Exacerbating inflation
Gov't should be required to have Economics 2001/2002
Absurd
Reduce inflation = lower demand and/or increase supply
New stimulus checks = HIGHER demand
Exacerbating inflation
Gov't should be required to have Economics 2001/2002
Absurd
Posted on 11/5/22 at 8:11 am to UndercoverBryologist
It’s already happening with higher SS checks and welfare. The rest of us working people just have to buy less stuff to stay afloat, while everyone else just gets a bigger government check.
Posted on 11/5/22 at 8:19 am to frequent flyer
People want free stuff! News at 9!
Posted on 11/5/22 at 8:20 am to Xignals
quote:
getting done in Washington
what has been accomplished the past 2 years that is a net positive for the American people?
Posted on 11/5/22 at 8:36 am to Y.A. Tittle
I think the response to this could be that Biden should take the billions sent to Ukraine biweekly, and send it to the people.
It is crazy because it is to camouflage bad policies and his war on energy.
It is crazy because it is to camouflage bad policies and his war on energy.
Posted on 11/5/22 at 8:36 am to UndercoverBryologist
The takers outnumber the givers
Posted on 11/5/22 at 8:37 am to UndercoverBryologist
I refuse to believe that’s an accurate number. They could’ve told me 52 and maybe I could’ve seen that but 62 is criminally high.
Posted on 11/5/22 at 8:40 am to Pedro
quote:
I refuse to believe that’s an accurate number. They could’ve told me 52 and maybe I could’ve seen that but 62 is criminally high.
Polls have fallen prey to political persuasion like everything else.
You can get a "scientific" poll from another source and it would be different, depending on their bias.
Posted on 11/5/22 at 8:43 am to Pedro
quote:
I refuse to believe that’s an accurate number. They could’ve told me 52 and maybe I could’ve seen that but 62 is criminally high.
It doesn’t really surprise me. As others have said, Econ 101 is not exactly a common course found on many Americans’ high school or college transcripts. And “Send me money” will always beat out “Don’t send me money.”
Posted on 11/5/22 at 8:44 am to UndercoverBryologist
quote:
Econ 101 is not exactly a common course found on many Americans’ high school or college transcripts
Micro and macro were GER's when I went.
This post was edited on 11/5/22 at 8:45 am
Posted on 11/5/22 at 8:48 am to RogerTheShrubber
quote:
Micro and macro were GER's when I went.
I took Econ 101 in high school. But the teacher didn’t do a really good job.
Because I was Biology and technically pre-med track in college, I took Health Care/Medical Economics, and that professor was really good about explaining concepts of scarcity, demand, and economic pathologies like the government pumping more money towards scarce resources.
Posted on 11/5/22 at 8:50 am to UndercoverBryologist
quote:
I took Econ 101 in high school.
took it in college. Civics and Free Enterprise were required in HS, I believe.
Posted on 11/5/22 at 9:10 am to UndercoverBryologist
Wouldn't that just further inflate inflation?
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