Started By
Message

re: Layman’s terms - how do we pay for this Coronavirus Bill?

Posted on 3/25/20 at 10:24 pm to
Posted by McLemore
Member since Dec 2003
31500 posts
Posted on 3/25/20 at 10:24 pm to
Hopefully we China Asshoe our way out or some of it.
Posted by omegaman66
greenwell springs
Member since Oct 2007
22780 posts
Posted on 3/25/20 at 10:26 pm to
quote:

Can someone please explain how we the working Americas will pay for this? Please make it as simple as possible.


Switch to a different currency (new currency). Print a quadrillion dollars and pay off all debt with dollars that are now worth less than the paper they are printed on.

China left holding the bag. Trump shrugs and smiles.
Posted by Crimson1st
Birmingham, AL
Member since Nov 2010
20228 posts
Posted on 3/25/20 at 10:39 pm to
quote:

Layman’s terms - how do we pay for this Coronavirus Bill?


By keeping the economy viable as well as repaying folks who had their jobs destroyed to handle the virus. The economy at healthy levels generate tax revenues which in turn sends the monies given out on the bill back to the government. One props up the other and must stay in a continual flow. Since the normal flow was disrupted, the reservoirs have to be opened up to re-establish a workable flow again.

I have given many real life examples of practical and pragmatic comparisons the past few days...bottom line is that this is a crisis we were not prepared for all in all...can't catch everything that crops up before it happens. We can learn from this moving forward, but I am not casting blame on who is responsible for getting caught a bit flat footed over this. shite happens. I do think the reaction has been a bit extreme...bottom line however is we absolutely can't let the economy collapse. That has far reaching ramnifications.
This post was edited on 3/25/20 at 10:41 pm
Posted by LSU6262
Member since Jun 2008
7492 posts
Posted on 3/25/20 at 10:48 pm to
Posted by SOCAL TIGER
SOCAL
Member since Jan 2005
10722 posts
Posted on 3/25/20 at 10:55 pm to
We can’t and we won’t
Posted by the808bass
The Lou
Member since Oct 2012
111529 posts
Posted on 3/25/20 at 10:56 pm to
Money printer go brrrrr.
Posted by HogBalls
Member since Nov 2014
8591 posts
Posted on 3/25/20 at 10:57 pm to
China finally gonna give us that EBT card
Posted by BamaPig
Gulf Coast,Alabama
Member since Jan 2020
1314 posts
Posted on 3/25/20 at 10:59 pm to
You'll be dead before it's paid for, let that sink in.
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15723 posts
Posted on 3/25/20 at 11:44 pm to
Posted by ImaObserver
Member since Aug 2019
2286 posts
Posted on 3/25/20 at 11:59 pm to
They are handing out your grandchildren's and great grandchildren's money. Everybody seems to be happy when their congressperson sends home some "pork" to their district. It usually doesn't occur to them that in order for Congress to have pork to distribute they have to have pigs to butcher. You are just one of the farmers whose property is being "requisitioned" for "the good of the Country".
Your Children Grandchildren and Great Grandchildren will be saddled with the cost of this handout and they will remember who it was that was so happy to provide them with that inheritance.
Posted by Trevaylin
south texas
Member since Feb 2019
5908 posts
Posted on 3/26/20 at 2:48 am to


inflation..........................
Posted by Boatshoes
Member since Dec 2017
6775 posts
Posted on 3/26/20 at 3:24 am to
quote:

Can someone please explain how we the working Americas will pay for this? Please make it as simple as possible. Thank you in advance.


Inflation and a reduced standard of living for wage earners.
Posted by 88Wildcat
Topeka, Ks
Member since Jul 2017
13949 posts
Posted on 3/26/20 at 7:52 am to
"We" don't. Our children, grandchildren, and/or great grandchildren will.
Posted by footballdude
BR
Member since Sep 2010
1075 posts
Posted on 3/26/20 at 7:52 am to
(no message)
This post was edited on 1/11/21 at 1:49 pm
Posted by The Maj
Member since Sep 2016
27143 posts
Posted on 3/26/20 at 7:54 am to
See can... keep eye on can... kick can... repeat...
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123940 posts
Posted on 3/26/20 at 8:41 am to
quote:

Can someone please explain how we the working Americas will pay for this? Please make it as simple as possible.
Short-answer: We don't!
We pass the bill on to our kids and their kids in the same irresponsible way a Spring Break Party Boy now passes Covid-19 to his grandfather.

We don't care!


In terms of cost and attitude, here's a related example of the irony:
Zeke Emanuel is credited as an architect of Obamacare. He is a pro-socialized medicine creep who lauded NHS death panels. His rationale was old people are not productive cogs in society anyway, so let them pass on. They are simply not worth the expense. Emanuel said 75y/o's should not receive heroic measures to save their lives because those measures cost too much.

Libs praised Emanuel for his "wisdom".
They kowtowed to his ability to promote communist-care in seemingly appeasing ways. They celebrated his efforts.

NOW, ALL OF THE SUDDEN, Dr. Death Panel has done an about face. Zeke says we should willingly crush our economy (until November) in order to save some those old people he previously was willing to let die. He says economic ruin is our duty.

It's almost like the POS is playing politics under the mantra of being a doctor.
This post was edited on 3/26/20 at 8:44 am
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51290 posts
Posted on 3/26/20 at 8:42 am to
Debt
first pageprev pagePage 2 of 2Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram