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re: Trump says 2k checks will be sent out to everyone, excluding high income earners

Posted on 11/12/25 at 8:00 pm to
Posted by deltaland
Member since Mar 2011
100706 posts
Posted on 11/12/25 at 8:00 pm to
quote:

Stimulus checks would cost more than we have taken in from tariffs.


If you use individuals 18 or older making under 100k, that’s about 423 billion dollars
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
58007 posts
Posted on 11/13/25 at 5:56 am to
I would rather see it all go to lowering the debt rather than raising inflation.
Posted by Mockingbird2008
Member since Jun 2022
133 posts
Posted on 11/13/25 at 7:03 am to
If we lower the debt by say $500 billion from tariffs this round, the next admin would just take it as “we have a $500 billion surplus”. The debt is never going down.
This post was edited on 11/13/25 at 7:03 am
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32773 posts
Posted on 11/13/25 at 7:34 am to
I’m interested in how they figure this out. Must be based on taxable income right? Is it averaged for a married couple filing jointly? This is much more complicated than COVID stimulus
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
58007 posts
Posted on 11/13/25 at 8:23 am to
quote:

If we lower the debt by say $500 billion from tariffs this round, the next admin would just take it as “we have a $500 billion surplus”. The debt is never going down.


I don't doubt that scenario could happen but trying to run the country with that mindset is self-neutering.
Posted by LChama
Member since May 2020
3348 posts
Posted on 11/13/25 at 10:26 am to
2024 or 2025 earnings?
This post was edited on 11/13/25 at 10:27 am
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
58007 posts
Posted on 11/13/25 at 2:08 pm to
quote:

2024 or 2025 earnings?


My guess is the stimmy won't be taxable income (like the COVID checks weren't), if at all possible. If they can't swing that then it would be on 2025 earnings.
Posted by Suntiger
STG or BR or somewhere else
Member since Feb 2007
35710 posts
Posted on 11/13/25 at 3:06 pm to
This isn’t happening, so no need to waste anytime thinking about it. First, the tariffs are likely to be unwound by the Supreme Court. If not, Trump has earmarked/promised the money for…checks notes… paying down the debt, aid for farmers, golden dome missile defense system, tax cuts passed in July, child care, WIC, two turtle doves and a partridge in a pear tree. But, tariffs haven’t raised enough revenue to pay for any of those things. Maybe the birds, but nothing else.
Posted by BobBoucher
Member since Jan 2008
18505 posts
Posted on 11/13/25 at 3:30 pm to
quote:

What is high income


I heard someone from the administration throw out $100k or less.

Which is bullshite if they claim Middle Class.

Middle Class can go north of 300k depending on family/location.
This post was edited on 11/13/25 at 3:33 pm
Posted by Powerman
Member since Jan 2004
170773 posts
Posted on 11/13/25 at 3:34 pm to
The fewer people that get these checks the better

Drop it down to 80K for all I care
Posted by OccamsStubble
Member since Aug 2019
9064 posts
Posted on 11/13/25 at 5:04 pm to
This fella makes me happy I didn’t vote for him (or anyone else).

$38,000,000,000,000 debt and he’s STILL printing money, throwing it at people, and screaming “love me!!!”
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 11/13/25 at 5:14 pm to
quote:


This fella makes me happy I didn’t vote for him (or anyone else).

$38,000,000,000,000 debt and he’s STILL printing money, throwing it at people, and screaming “love me!!!”


Well it makes sense when you consider US debt is an asset to the private sector.

Posted by OccamsStubble
Member since Aug 2019
9064 posts
Posted on 11/13/25 at 8:33 pm to
Hilarious

If so, print 100T tomorrow
Posted by GeekedUp
Virginia
Member since Jun 2009
3080 posts
Posted on 11/13/25 at 8:36 pm to
quote:

Stimulus checks is what got us with Covid inflation


And the skyrocketing labor cost. Fast food payin 15 bucks an hour is crazy.
Posted by Powerman
Member since Jan 2004
170773 posts
Posted on 11/13/25 at 9:17 pm to
quote:

Fast food payin 15 bucks an hour is crazy.

Is it? That wasn't a very good wage before the pandemic
Posted by DoctorWorm
Member since Jul 2021
1534 posts
Posted on 11/13/25 at 9:40 pm to
great. maybe all the poor people can afford to buy coffee now
Posted by Hayekian serf
GA
Member since Dec 2020
4040 posts
Posted on 11/13/25 at 10:21 pm to
So more printing

Our kids and grandkids are so screwed. It will never change and we will almost certainly have to go through a slide into socialism before it ever starts to go the other way.

We will be what most EU nations are today. No electable republican will ever do what needs to be done
Posted by GeekedUp
Virginia
Member since Jun 2009
3080 posts
Posted on 11/14/25 at 6:36 am to
quote:

Is it? That wasn't a very good wage before the pandemic


I think so. Fast food, etc is a minimum wage job, imo.
There was a crazy labor shortage when people were getting paid to stay home. Companies were fighting for labor - paying sign-on bonuses and raising pay rates.

All that expense gets passed on to the customer.

When life returned to normal and demand softened, companies reduced headcount, but the high prices remain.

Companies budget based on prior year sales and are very slow (if ever) to reduce price. Better to sell fewer at a higher price….because it takes less labor.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40350 posts
Posted on 11/14/25 at 6:42 am to
quote:

I think so. Fast food, etc is a minimum wage job, imo.



Should minimum wage jobs keep up with inflation?
Posted by Powerman
Member since Jan 2004
170773 posts
Posted on 11/14/25 at 7:04 am to
quote:


I think so. Fast food, etc is a minimum wage job, imo.

Most fast food restaurants have been paying above the minimum wage before COVID. And that's even in low cost of living markets.

quote:

There was a crazy labor shortage when people were getting paid to stay home.

They got paid to stay home if they were laid off. You don't get unemployment benefits if you quit.

quote:


All that expense gets passed on to the customer.

Of course
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