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Started By
Message
re: Pros and cons of $5,000 stimulus check
Posted on 2/24/25 at 9:55 pm to DavidTheGnome
Posted on 2/24/25 at 9:55 pm to DavidTheGnome
quote:
Beyond just the massive inflation it would cause it’s fiscally irresponsible to do
Structural inflation like we have all felt the last 3-4 years was caused by a rapid increase in the money supply.
How is this a net increase in money supply? This is money that the government decided not to spend and are returning (at least some of it) it to the taxpayers for them to spend.
1
Posted on 2/24/25 at 10:16 pm to Violent Hip Swivel
Con: Ain't gonna happen.
Posted on 2/24/25 at 11:01 pm to Uncle Stu
quote:
not stimulus
rebate
If they were rebates money would be distributed across the board at a rate equal to the percentage of taxes you paid. The top 1% pay 40% of taxes and get zero stimulus. The top 2%-50% of taxpayers pay 57% of taxes. The bottom 50% pay three percent of taxes. Yet the bottom 50% of taxpayers receive a substantial amount of the stimulus money.
The government needs to be paying down debt, not thinking about stimulus, to avoid worse inflation and potential currency instability in the future.
Posted on 2/24/25 at 11:56 pm to Violent Hip Swivel
Cons. Getting taxed again
Posted on 2/25/25 at 12:02 am to BHM
quote:
It’s not a stimulus check.
Lolz. You politards never stop with the partisan hackery. It is a fricking stimulus check, it is retarded, and a huge number of people that get it don’t pay any federal taxes at all. Hilariously, they act like they’ve found all this money and can dish out this dividend; meanwhile, they’re rooting through SSA claiming millions of dead people are on the take.
DOGE!
Posted on 2/25/25 at 12:19 am to RogerTheShrubber
quote:Post before yours....
Yep, make it the next guys problem after they retire or move on
quote:Someone should ask Argentinians if currency collapse is fun or not? Ultimately, one can't exempt yourself from the ensuing chaos, violence and famines that result by saying "'its not my respnosibility"
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
Posted on 2/25/25 at 12:20 am to Jcorye1
quote:Yeah it's stupid af
It's stupid. Pay down the debt, stop buying votes.
Can I have your 5k too?
Posted on 2/25/25 at 12:24 am to member12
quote:Isn't it odd. Taxes you've paid are "your money" but the debt is "other people's problem".
Not a stimulus, it’s a rebate. ...It’s our existing money.
Posted on 2/25/25 at 6:08 am to Violent Hip Swivel
Keep dreaming about that check. You are not going to see it any time soon.
Posted on 2/25/25 at 6:18 am to member12
quote:
and then decided to cut this from the budget.
Have they, though? Has there actually been a cut to the federal budget? Is there any verifiable proof of actual “savings?”
Posted on 2/25/25 at 6:54 am to Violent Hip Swivel
quote:
• Probably some, but I can't think of any
Other than inflation akin to that which resulted in handing out money to anyone asking for it during COVID.
First off there ain't $5K per taxpayer to be found. If there were it would be far better invested in paying down the debt. It doesn't exist so it doesn't matter.
Posted on 2/25/25 at 6:55 am to BHM
quote:
It’s not a stimulus check.
I call it “shite I don’t need check”.
Covid got me a sweet guitar and got my house re-sided. To be fair some of it was Hodpital “please don’t leave check”.
If given out this time? It goes to foundation repair.
Posted on 2/25/25 at 6:57 am to Violent Hip Swivel
Pros
-You can finally afford a hobby and stop posting.
-You can finally afford a hobby and stop posting.
Posted on 2/25/25 at 7:00 am to member12
quote:
Structural inflation like we have all felt the last 3-4 years was caused by a rapid increase in the money supply.
How is this a net increase in money supply?
Because this money that is saved is supposed to pay down our debt, which removes that money from the money supply.
You're also ignoring the demand curve shifting.
Posted on 2/25/25 at 7:02 am to moontigr
quote:
The difference is, I'm not the cause of the debt
Posted on 2/25/25 at 7:03 am to Wayne Campbell
quote:
Have they, though? Has there actually been a cut to the federal budget? Is there any verifiable proof of actual “savings?”
I’m waiting for the specifics on all this “fraud” they claim to be finding. If there is billions of dollars in “fraud” going on, there are people who were engaged in fraud who have now been identified and their fraudulent schemes discovered.
Yet there are no names, no specifics, no indictments. Why is that?
Posted on 2/25/25 at 7:05 am to shoelessjoe
quote:
. I am sure Trump has some idea about the money that will be saved and a plan to pay off the debt in a timely fashion
Why are you so sure?
quote:
More people will start to pay attention to the waste and fraud found and will want the discovery to be continued with more support.
This is the "shiny object" to distract you from the failure above. That's the point of this circus.
You don't even realize it.
Posted on 2/25/25 at 8:06 am to SlowFlowPro
You know all about failures!
Posted on 2/25/25 at 8:22 am to DavidTheGnome
quote:
Absolutely this. Beyond just the massive inflation it would cause it’s fiscally irresponsible to do. And shows worrying about the national debt isn’t their real concern
Nailed it! You think prices are high now. Send everybody a check to spend more. See how fast companies would raise their prices even more. Use that money to try and start helping everyone out in the long term not the short term.
Posted on 2/25/25 at 8:25 am to Violent Hip Swivel
quote:• Inflation
CONS
• Probably some, but I can't think of any
• Not needed
• Inflationary pressure will help keep interest rates higher.
• Will be added to the debt
• Makes the layoffs, contract cancellations, and grant crawfishing pointless.
• Amounts to more bread and circus.
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