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re: Billionaire investor says government should have helped consumers instead of companies
Posted on 7/9/20 at 9:58 am to Sneaky__Sally
Posted on 7/9/20 at 9:58 am to Sneaky__Sally
quote:
Again, I'm pretty pessimistic, so I think we need new ideas and changes yesterday to avoid some really tough reconciliations for the country.
I think that ship has sailed and this country is fricked either way, Reps and Dems are both foreign whores who have no interest in putting American Citizens first.
0
Posted on 7/9/20 at 10:09 am to rickgrimes
quote:
If people received more money than they needed to live, they would buy products and services and transfer the excess cash to businesses,
While we're stuck at home? That makes no fricking sense whatsoever.
Posted on 7/9/20 at 10:42 am to CenlaLowell
quote:
Didn't get NEAR as much as the companies so get outta here with that shite
The number of people who kept their jobs is staggering.
Ignoring this is amazingly naive.
Posted on 7/9/20 at 11:00 am to mmmmmbeeer
quote:
mmmmmbeeer
You're that dumb sum bitch that was all good with Nancy Pelosi giving the Floyd family a folded flag.
But first you said it didn't happen, then it was no biggie once you were shown it did happen.
Posted on 7/9/20 at 11:16 am to rickgrimes
You do realize that even though this guy is a billionaire, he is a raging leftist, right?
Posted on 7/9/20 at 11:16 am to Volvagia
quote:
Meanwhile the middle class is the one primarily getting squeezed by taxes and economic burden of the welfare state they keep trying to grow.
High wage earners without generational-type wealth get absolutely crushed in the US these days. Your tax burden is huge, you're capped out of exemptions and stimulus and you're lumped in with the elite like you're Jeff Bezos.
Posted on 7/9/20 at 11:17 am to rickgrimes
By the way, I'm not saying that it was properly appropriated. the fact that this guy comes from the George Soros school of building ours trying to tear off social fabric apart decreases his validity, though
Posted on 7/9/20 at 11:25 am to rickgrimes
I follow this guy and he gets most things right, he's not perfect.We need to quit looking at economics as a one ideology fits all. PPP is a great program and should become permanent, albeit it shouldn't be from giant cash infusions from the fed (it was the best option at the time however).
Posted on 7/9/20 at 12:14 pm to ForeverEllisHugh
Churches, Catholic and private Schools, Billionaires, Multi-millionaires yet plenty of small businesses got NOTHING.
So all the people that did not need the cash got hundreds of billions and small businesses got skewered again.
So all the people that did not need the cash got hundreds of billions and small businesses got skewered again.
Posted on 7/9/20 at 12:18 pm to Limitlesstigers
quote:
PPP is a great program and should become permanent, albeit it shouldn't be from giant cash infusions from the fed (it was the best option at the time however).
Posted on 7/9/20 at 12:19 pm to PUB
Maybe the government shouldn’t be so big to pick winners and losers
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