re: President just announced direct payments to Americans within the next two weeks

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you know what i'd like more than $1k or $1k going to families in need during this time?

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people like you who pop into random threads and say "I told you so", "i called this", "saw this coming", etc. I wish they were automatically banned.

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Weird priorities

I know a lot of service industry people with children sitting in their hands right now. These people need help. I’m in o&g. We are slow as shite. Who knows what’s gonna happen. If anyone doesn’t want their check send it to me. I have bills to pay.

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This should be targeted to workers that are affected directly

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There will be other programs to address paid sick leave, missed wages, etc.

Direct payments shouldn't be mistaken as being made for the benefit of the recipients in a time of need, this is direct macroeconomic stimulus intended to create economic activity, pushing the demand curve upward, and multiplying dollars.

This is a straight Keynesian approach being used to stimulate a drastically slowing economy. Don't feel guilty. Don't feel embarrassed. The government WANTS you to spend it!

you could very well be 100% correct, doesn't matter now does it. you got sleepy joe instead.

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How do you stimulate an economy that’s closed for business ?

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What economy is closed for business?

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Salaried people don’t like money you paid to the gov coming back to you?

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Where are people getting this myth from? They're not spending less to give this money back. In fact, they'll probably spend even more on top of this money they're borrowing (against our future.)

So you're going to pay even more for this money down the road than what you get now. They just did QE this week. So your money is already worth less now.

We need people to start to understand that any time the government does something with additional money, WE are the ones paying for it.

The banks did.