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Started By
Message
re: Pros and cons of $5,000 stimulus check
Posted on 2/24/25 at 6:43 pm to RogerTheShrubber
Posted on 2/24/25 at 6:43 pm to RogerTheShrubber
quote:Unfortunately, politicians’ best interest lies in buying votes with taxpayers own money. That misalignment is how we got to $35 Trillion in debt. .
Which is why its in my individual best interest for them to chop down debt, not give stimulus checks.
1
Posted on 2/24/25 at 6:43 pm to Scruffy
Not a stimulus, it is a refund.
Posted on 2/24/25 at 6:43 pm to Violent Hip Swivel
Will this be $5,000 for each household or $10,000 for husband and wife?
Posted on 2/24/25 at 6:47 pm to TeddyPadillac
quote:Currently the debt is about $323,000 per taxpayer. So after you get “your money back” you’ll still be $318k in the hole. Of course no one of that accounts for interest and NPV… So really you’ll be deeper in the hole than you are now if they send “your money” back.
If they want to give me money back that they steal from me every year, i'll never object to it.
Posted on 2/24/25 at 6:48 pm to Violent Hip Swivel
Leberge would definitely need more poker dealers
Posted on 2/24/25 at 6:51 pm to Taxing Authority
Why do so many of you give a shite about the national debt?
Why is it my responsibility to help pay for the stupid arse spending the govt has made. Let them figure it out. Give me my money back that you were going to use in a stupid way that has zero benefit to me and let me be stupid with it in ways that actually benefits me.
Why is it my responsibility to help pay for the stupid arse spending the govt has made. Let them figure it out. Give me my money back that you were going to use in a stupid way that has zero benefit to me and let me be stupid with it in ways that actually benefits me.
Posted on 2/24/25 at 6:52 pm to Taxing Authority
quote:
Unfortunately, politicians’ best interest lies in buying votes with taxpayers own money. That misalignment is how we got to $35 Trillion in debt.
Yep, make it the next guys problem after they retire or move on.
AKA kicking the can down the road.
Posted on 2/24/25 at 6:53 pm to LegendInMyMind
quote:
They can take my five grand and put it on a timeshare at one of the fancy resorts they're going to build in Gaza.
Make sure its seaside, and not on the desert side. Demand pictures.
Posted on 2/24/25 at 6:55 pm to RogerTheShrubber
quote:
Make sure its seaside, and not on the desert side. Demand pictures.
Good lookin' out, baw. Thanks for the advice.
Posted on 2/24/25 at 6:58 pm to Violent Hip Swivel
Just bolster social security and medicare.
Posted on 2/24/25 at 6:59 pm to kywildcatfanone
quote:
Pay down democrats debt and then cap creating more
Yeah because only the democrats are responsible for the debt.
Posted on 2/24/25 at 7:01 pm to Violent Hip Swivel
If I owned a place that sold rims I would be bigly in favor of more stimmies.
Posted on 2/24/25 at 7:01 pm to Trevaylin
quote:
last about 2 months
Posted on 2/24/25 at 7:11 pm to Byrdybyrd05
I am wondering if there will be an income limit.
Posted on 2/24/25 at 7:17 pm to Violent Hip Swivel
That 5k check could make me 100% dept free right now. I have 3800 left on my truck and owe a couple hundred to Home Depot and Tractor Supply.
I just signed up to work 5 days of OT next month to pay this off. Not having to work that OT and get it done would be a lot for me
I just signed up to work 5 days of OT next month to pay this off. Not having to work that OT and get it done would be a lot for me
Posted on 2/24/25 at 7:36 pm to Violent Hip Swivel
Pros:
You get your money back.
Cons:
That figure is utter BS and based on make believe. Example: Musk talks about all these people on the SS rolls. Yes, they are on the rolls because the system is antiquated and they can’t be taken off without considerable time and expense. But those people weren’t receiving a SS check. There’s no real money behind most of these moves. And the hiring freezes and terminations are annual numbers not realized dollars. And Congress has to unravel USAID. There’s no real money to give everyone. Just bread and circuses for the masses.
You get your money back.
Cons:
That figure is utter BS and based on make believe. Example: Musk talks about all these people on the SS rolls. Yes, they are on the rolls because the system is antiquated and they can’t be taken off without considerable time and expense. But those people weren’t receiving a SS check. There’s no real money behind most of these moves. And the hiring freezes and terminations are annual numbers not realized dollars. And Congress has to unravel USAID. There’s no real money to give everyone. Just bread and circuses for the masses.
Posted on 2/24/25 at 7:45 pm to Violent Hip Swivel
Pros: putting it all on red.
Cons: black hitting.
Cons: black hitting.
Posted on 2/24/25 at 7:51 pm to thejuiceisloose
quote:
Would exacerbate inflation
While most people say we need to put a lid on inflation, the only way out of the debt we are currently in is to get a larger economy.
The only way that happens is if we let the economy grow through inflation.
We need more income coming into Washington through tax revenue. The more we grow the more we increase taxes.
Posted on 2/24/25 at 8:01 pm to oldskule
quote:
Not a stimulus, it is a refund.
It isn't a reasonable refund given it is not proportional, my household has paid more than 50 times that per year in FIT for decades.
It isn't a stimulus either it isn't what is needed.
It isn't buying votes since people's memories are short and it is too far away from the mid-terms.
What it would be if enacted is an attempt to curry political capital because the administration needs a LOT of it to continue to do the things they are setting out to do. To come near the widespread changes they want to make they are going to shite in a lot of people's cereal and burn through political capital at a near unprecedented rate.
They have a short window to make a lot of the changes they want to make a $5k check may draw that out for a while. I prefer it to be put toward the debt, we will see if the willpower exists to so what needs to be done. If not it becomes the same song just with a different conductor.
Posted on 2/24/25 at 8:04 pm to Jcorye1
quote:
Pay down the debt
They’ll just run it back up again.
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