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Started By
Message
re: $2,000 monthly payments to Americans proposed in Dem. lawmakers’ bill
Posted on 4/15/20 at 12:45 pm to TrueTiger
Posted on 4/15/20 at 12:45 pm to TrueTiger
quote:
Andrew Yang is smiling.
Speaking of which...
quote:
You don’t know what you’re talking about. There’s no inflation because the debt is denominated in its native currency. Additionally, inflation doesn’t play a factor until full employment levels are reached and GDP isn’t growing.
And there you have it, folks. Straight from the typing fingertips of Yang's #1 supporter on TD. No need to worry about inflation from over-leveraging a fiat currency while simultaneously flooding the market with the currency. Nothing to see here, keep moving.
I don't know whether to
or 
0
Posted on 4/15/20 at 12:46 pm to MrLarson
quote:
Two Democratic lawmakers are proposing a bill that would provide $2,000 monthly payments to Americans until employment levels return to pre-coronavirus levels.
With $2000 a month we will NEVER return to unemployment levels pre COVID. I guess that’s the plan.
FWIW that’s only $8 trillion a year if all Americans get $2000 a month.
This post was edited on 4/15/20 at 12:53 pm
Posted on 4/15/20 at 12:47 pm to Veritas
quote:
So if trump loses the election and we never get back to “pre-coronavirus levels” Americans just continue to get paid out?
Yeah, it just continuous indefinitely like they are in the Soviet Union today. LOL
They pretend to pay you, and you pretend to work... or in this case... just sit at home, what could go wrong?
Posted on 4/15/20 at 12:48 pm to MrLarson
My goodness. I may seek a Dr to approve disability and I could make 5-6K per month.
Not a shabby number along with investments. Then I can go start a cash only food truck and open for 3-4 hours a day.
Not a shabby number along with investments. Then I can go start a cash only food truck and open for 3-4 hours a day.
Posted on 4/15/20 at 12:49 pm to MrLarson
quote:
The monthly payments of at least $2,000 would go to everyone 16 or older who makes less than $130,000 annually. Married couples making a combined $260,000 would receive at least $4,000.
Isn’t this anyone outside of the top 5% income bracket? That’s a $2k check for 95% of Americans over 16.
Posted on 4/15/20 at 12:50 pm to MrLarson
good lord i'm putting in a swimming pool
these people legit thinks money grows on trees
these people legit thinks money grows on trees
Posted on 4/15/20 at 12:52 pm to MrLarson
quote:
Emergency Money for the People Act
Wow. Should just call it
This
Posted on 4/15/20 at 12:53 pm to MrLarson
(no message)
This post was edited on 4/16/20 at 11:22 am
Posted on 4/15/20 at 12:54 pm to BigPerm30
Posted on 4/15/20 at 12:55 pm to SportTiger1
(no message)
This post was edited on 4/16/20 at 11:22 am
Posted on 4/15/20 at 12:55 pm to MrLarson
IF, they were to really do this, then I would expect "things" we buy would go up accordingly. Milk at 20 dollars a gallon etc... It would be a "NET 0"!
Posted on 4/15/20 at 12:56 pm to MarkFromBuffalo
quote:
Use the money that we're getting to buy land and real estate.
You can’t really own either of those. If they want it they can take it by eminent domain or by taxing you out of it. It’s all an illusion
Posted on 4/15/20 at 12:57 pm to TrueTiger
quote:At least he came up a way for it to be funded, by taxing the big companies, and using money already in the economy. If you just print more money then there will be massive inflation and will defeat the whole purpose.
Andrew Yang is smiling.
Posted on 4/15/20 at 1:01 pm to MrLarson
I mean f it, I'll just take my household's combined 4k monthly allowance from da gubmen and go be a professional Pokemon card game player. This chit is so outta hand.
Posted on 4/15/20 at 1:02 pm to MrLarson
quote:
Reps. Tim Ryan of Ohio
That is one of their "moderates".
Posted on 4/15/20 at 1:02 pm to Dawgfanman
quote:
Now we are getting into the price range and frequency of payments needed to buy my vote.
No shite. That's insane. That's an additional $54,000 annually for my family.
Posted on 4/15/20 at 1:06 pm to MrLarson
quote:
until employment levels return to pre-coronavirus levels.
AKA the lowest unemployment in decades, ie, it will be here forever.
Posted on 4/15/20 at 1:15 pm to MrLarson
quote:Small thinker. Why not make it $1,000,000? Everyone will be RICH!!!
$2,000 monthly payments to Americans proposed in Dem. lawmakers’ bill
Posted on 4/15/20 at 1:16 pm to idlewatcher
quote:Have you seen what republicans, Trump and Mnuchin have been up to lately?
No chance that passes
Posted on 4/15/20 at 1:18 pm to Taxing Authority
I'm ready for the Government to get out of our way and let us go to work!!
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