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Started By
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re: Potential for more Trump Bucks coming your way! New proposed legislation
Posted on 4/15/20 at 8:41 am to OleWarSkuleAlum
Posted on 4/15/20 at 8:41 am to OleWarSkuleAlum
I was ok with the first one
I'd be pissed about this one
If we're just printing money make everyone eligible
frick funding solidly-middle class bailouts with arbitrary cutoffs.
I'd be pissed about this one
If we're just printing money make everyone eligible
frick funding solidly-middle class bailouts with arbitrary cutoffs.
1
Posted on 4/15/20 at 8:41 am to fallguy_1978
quote:
great grandchildren will still be paying this shite back.
You people who think this debt is real have always fascinated me. We pay it back by printing more money. As long as the USD is the foreign exchange currency of record, then we never have to pay any of it back.
Posted on 4/15/20 at 8:42 am to Pettifogger
quote:
frick funding solidly-middle class bailouts with arbitrary cutoffs.
If you make >$260,000 you are wealthy. We aren’t trying to further increase wealth disparity.
Posted on 4/15/20 at 8:43 am to No Colors
quote:
You people who think this debt is real have always fascinated me. We pay it back by printing more money. As long as the USD is the foreign exchange currency of record, then we never have to pay any of it back.
It’s as if people never even heard Alan Greenspan years ago say this. You cannot default of debt denominated in its native currency. Additionally, as long as GDP continues to increase and we do not have full employment inflation is not a concern.
Posted on 4/15/20 at 8:44 am to OleWarSkuleAlum
quote:
If you make >$260,000 you are wealthy. We aren’t trying to further increase wealth disparity.
a couple grand doesn't further increase wealth disparity
The idea that a couple making 245k has some slew of additional burdens than a couple making 325k or whatever doesn't is stupid
Posted on 4/15/20 at 8:45 am to No Colors
quote:
You people who think this debt is real have always fascinated me. We pay it back by printing more money.
Jesus.
Posted on 4/15/20 at 8:45 am to OleWarSkuleAlum
No way that passes
Posted on 4/15/20 at 8:47 am to Pettifogger
quote:
The idea that a couple making 245k has some slew of additional burdens than a couple making 325k or whatever doesn't is stupid
If it were up to me the cutoff would be $100,000
Posted on 4/15/20 at 8:48 am to OleWarSkuleAlum
Where in the frick do people think this money comes from?? We can't sustain giving people thousands of dollars a month. This is getting fricking ridiculous.
Posted on 4/15/20 at 8:48 am to OleWarSkuleAlum
Finna eat
Posted on 4/15/20 at 8:49 am to OleWarSkuleAlum
Yea that’s a no from me dog.
I was fine without the actual trump check tbh.
I was fine without the actual trump check tbh.
Posted on 4/15/20 at 8:49 am to terriblegreen
quote:
Where in the frick do people think this money comes from?? We can't sustain giving people thousands of dollars a month. This is getting fricking ridiculous.
The thing is we actually can sustain it easily. This black swan event has proven the case for UBI.
Posted on 4/15/20 at 8:50 am to OleWarSkuleAlum
An extra 2000 would certainly be nice. I could pay off all remaining debt and have my savings looking wonderful.
But there is absolutely 0 chance this happens. Zero. I seriously doubt what they are proposing is even feasible, beyond fricking up this country for generations to come.
But hell, at this point, Andrew Yang shouldn't have dropped out of the race if everyone is trying to adopt his ideas
But there is absolutely 0 chance this happens. Zero. I seriously doubt what they are proposing is even feasible, beyond fricking up this country for generations to come.
But hell, at this point, Andrew Yang shouldn't have dropped out of the race if everyone is trying to adopt his ideas
Posted on 4/15/20 at 8:51 am to OleWarSkuleAlum
Dude, I don't need an extra 2000/month. That seems a little ridiculous.
Posted on 4/15/20 at 8:51 am to fallguy_1978
quote:
That won't pass and we can't afford it.
You can’t be serious? We haven’t been able to afford anything since about 1980.
Posted on 4/15/20 at 8:53 am to xxTIMMYxx
quote:
Dude, I don't need an extra 2000/month
Okay give me your money then. I’ll continue to funnel it into ITOT.
Posted on 4/15/20 at 8:54 am to OleWarSkuleAlum
Posted on 4/15/20 at 8:54 am to OleWarSkuleAlum
quote:
If it were up to me the cutoff would be $100,000
The only thing I'd be comfortable with is waiting to see how the reopening progresses and then considering another similar payment as the first time. We're already giving out like 40k salaries in UE, the bulk of that which isn't actually coming from UE insurance.
Posted on 4/15/20 at 8:54 am to OleWarSkuleAlum
So they want to give my family $5,000 a month? This is getting ridiculous.
Posted on 4/15/20 at 8:54 am to RB10
quote:
Jesus
Here's the difference between the U.S. doing this and other countries doing it: currency doesn't have value in a vacuum. It has value relative to other currency. For instance: when Venezuela prints money, it's Bolivar goes from being worth 10 to $1 to being worth 10.000 to $1. So the buying power of the currency drops.
But if we print more money, $1 is still worth $1....on ONE CONDITION. That condition is that the USD$ remains the currency by which international commodities are traded and priced. As long as oil, beef, corn, chicken, steel, etc are all priced in USD$ then our currency won't devalue no matter how much of it we print.
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