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re: Pros and cons of $5,000 stimulus check

Posted on 2/25/25 at 8:31 am to
Posted by HarryBalzack
Member since Oct 2012
15987 posts
Posted on 2/25/25 at 8:31 am to
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.
LOL. Trump's way of doing that in his personal life has been to file for bankruptcy and stiff the creditors.

We need a national debt. It's the basis for a economy in the Hamiltonian economic plan and it's key tool for managing the amount of currency in circulation. The issue is the size of it and the total budget percentage required to service said debt, which is approaching 20% last time I checked.

There have been some elements of the political right who were all for running up the debt as a way to use austerity measures to destroy federal social programs. I don't think that's the primary motivating factor, but it's been an unspoken element on some level.
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10672 posts
Posted on 2/25/25 at 9:06 am to
quote:

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.

These guys just know that brother Elon is a hero Republican doing gods work for Donnie. It ain’t no stimmy, they’re just returning the money to people who didn’t pay it in. Totary different.

Don’t look out the back door either. Nothing going on in the alley. I assure you, these technocrats are not doing anything to enrich themselves, they’re saving America—just look at all the money they’re saving us! So much that they can write us all checks and not call it a stimulus! Stimulus is bad, and it causes inflation, don’t you remember?

The world is full of retards, and these retards can vote.
This post was edited on 2/25/25 at 9:07 am
Posted by SneezyBeltranIsHere
Member since Jul 2021
3679 posts
Posted on 2/25/25 at 9:11 am to
quote:

Lmao, no one is getting a $5000 dollar check. Musk and DOGE are just lying about everything, and they aren't doing shite except firing people.



This is, of course, the truth.

If you were to give 200 million people a check for $5,000, that would be a trillion dollars. If you think that is happening, I have a bridge to sell you.
Posted by phoshizzle
Member since Oct 2011
26 posts
Posted on 2/25/25 at 9:13 am to
You know what happens when you just give money away? People don't want to work. Looked at what happened during covid with those stimulus checks. People thought that free money was going to keep rolling in and stopped working.
Posted by N2cars
Member since Feb 2008
34191 posts
Posted on 2/25/25 at 9:15 am to
McGovern had the same idea in '72.

$1000 to every American, dumb then, dumb now.

Like PPP and paying people not to work, audden, excess dollars in circulation causes inflation.

See today's inflation rate...
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10672 posts
Posted on 2/25/25 at 9:16 am to
quote:

If you were to give 200 million people a check for $5,000, that would be a trillion dollars. If you think that is happening, I have a bridge to sell you.

A trillion dollars is LOL money right now bruh. We racked up a $12T tab in like 4-5 years, what’s another trili on the pile?

The better way to look at it is “if you think Elon Musk is really out here looking for trillions in savings through his laughable fake agency, I have a bridge to sell you.”

Theyre looking for things to cut so they can juice the economy and get some shite coin money back into the hands of the idiots who hate work.
This post was edited on 2/25/25 at 9:19 am
Posted by Klark Kent
Houston via BR
Member since Jan 2008
69609 posts
Posted on 2/25/25 at 9:21 am to
I wonder if any of our new group of fiscally conservative OT Moderates had any issues with the multi-billion dollar checks we wrote to Ukraine several times a year over the last few years? “a drop in the bucket

Posted by IndianMoundFireworks
Member since Oct 2021
576 posts
Posted on 2/25/25 at 9:21 am to
Should be used to pay down the debt.
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10672 posts
Posted on 2/25/25 at 9:24 am to
quote:

I wonder if any of our new group of fiscally conservative OT Moderates had any issues with the multi-billion dollar checks we wrote to Ukraine several times a year over the last few years? “a drop in the bucket”

At least in Ukraine we gave the money to people willing to die to weaken POS Russia, a true enemy of ours, which do not want advancing through Europe.

Here, we give that money to idiots who buy shite coins and Louis bags and rims for tahoes on 96 month loans.
This post was edited on 2/25/25 at 9:25 am
Posted by TDTOM
Member since Jan 2021
20949 posts
Posted on 2/25/25 at 9:25 am to
You sho is mad.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
69609 posts
Posted on 2/25/25 at 9:25 am to
to be fair: I wouldn’t write or advocate for writing either of any of those checks.

frick em both. pay down our debt.

eta: this where you call me a “Putin sympathizer” per protocol.
This post was edited on 2/25/25 at 9:28 am
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
68929 posts
Posted on 2/25/25 at 9:28 am to
Instead of cutting me a one-time $5K “stimulus” check, which is really just the government giving back a pittance of some of the mountain of money it’s already taken from me, I’d much rather the government just stop taking my money to begin with.

#AbolishTheIRS
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10672 posts
Posted on 2/25/25 at 9:30 am to
quote:

You sho is mad.

I actually pay a lot in taxes. If you gave me 20 stimulus checks of this size, it wouldn’t put a dent in what the feds have taken from me over the last 5 years.

I’m not mad, just calling it like it is. All these jerkoffs love getting free money when it’s the right politician calling it the right thing. But when the other shoe drops, and the money comes from the other side, they’re breaking the bank and ruining America.
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10672 posts
Posted on 2/25/25 at 9:32 am to
quote:

to be fair: I wouldn’t write or advocate for writing either of any of those checks. frick em both. pay down our debt. eta: this where you call me a “Putin sympathizer” per protocol.

Nah, I get why people didn’t want to fund Ukraine. It’s a black hole of corruption and all we do is play war. But that’s the rub, you can’t turn the industrial military economy on and off as needed; the war machine must always run if you want ready to operate at scale quickly
Posted by wm72
Brooklyn
Member since Mar 2010
8717 posts
Posted on 2/25/25 at 9:33 am to
One of the biggest problems economically in this country is the loss of decent paying jobs for Americans.

Less people with money to spend on quality American products and services means less chance of creating new decent paying jobs for Americans.


If Musk cuts government spending by simply reducing decent paying government jobs and replacing them by private contracts, those companies take tax dollars and pass them to investors and operate more “efficiently” with minimum wage labor. Maybe a bit of tax money is saved but at what expense? Doesn’t that mainly just help investors grab a little more tax money more than solve anything?

If he were a genius with good intentions, he could perhaps figure out how to make some government agencies work more efficiently without using the most damaging play in the corporate book: replace decent American jobs with shite jobs.

That’s what got us where we are today.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
69609 posts
Posted on 2/25/25 at 9:34 am to
quote:

All these jerkoffs


do any specific TD posters come to mind?
Posted by Salmon
I helped draft the email
Member since Feb 2008
85090 posts
Posted on 2/25/25 at 9:36 am to
quote:

Instead of cutting me a one-time $5K “stimulus” check, which is really just the government giving back a pittance of some of the mountain of money it’s already taken from me, I’d much rather the government just stop taking my money to begin with.

#AbolishTheIRS


Finally something me and Darth can hold hands together on

If Trump abolishes the IRS, I'll be the first to anoint him God Empower for Life
Posted by TDTOM
Member since Jan 2021
20949 posts
Posted on 2/25/25 at 9:36 am to
quote:

I’m not mad


You seem pretty mad.
Posted by GoCrazyAuburn
Member since Feb 2010
37365 posts
Posted on 2/25/25 at 9:37 am to
quote:

I have yet to see proof that they've found any of this stuff. All I see are tweets that some people are accepting as gospel based on their confirmation bias.


Pretty sure DOGE set up a website specifically for this, did they not? If this is as they said, and the payout to citizens is a % of the savings/eliminations found, I have no problem with it (which is what they have said is the intent). Otherwise, doing it is just dumb.

quote:

I'm sure there's waste, fraud and abuse out there. I'm also pretty sure it's orders of magnitude less than the trillions Musk is claiming to have found.


Okay? Musk aslo said he knows not all of that is fraud, so not entirely sure what your point is. Like the US Treasury payments, we know not all of the ~4T or whatever it was is fraud. The point of that though was that they intentionally left off the budgetary coding so that the payments couldn't be tracked. You don't intentially make things less transparent, which is what he was pointing out. It will take a full forensic audit to know how much of that was wasteful/fraud. What that did allow to happen is changing that field to a mandatory field.

Any of the big numbers that may or may not come from all of this will be once they fully get into Defense, Medicare/caid, and SS. They've barely scratched the surface there. SS is going to be particuarly interesting (not as far as fraudulent payments to citizens though I'm sure there will be plenty there), i'm more interested in how the actual reserve fund has been used, since it has basically been a budgetary slush fund for every department. It has never been required to only be used for SS, so it gets dipped into by many different branches/departments.
This post was edited on 2/25/25 at 9:42 am
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10672 posts
Posted on 2/25/25 at 9:39 am to
quote:

do any specific TD posters come to mind?

I don’t follow politics here closely. Easy to see reading this thread. Only took a few posts for some moron to say “it’s not a stimulus” — even though half the fricking country doesn’t have federal tax liability.
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