Posted by
Message
McLemore
Member since Dec 2003
22966 posts
 Online 

re: Layman’s terms - how do we pay for this Coronavirus Bill?
Hopefully we China Asshoe our way out or some of it.


Replies (0)
Replies (0)
20
omegaman66
LSU Fan
greenwell springs
Member since Oct 2007
14358 posts
 Online 

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


Replies (0)
Replies (0)
60
Crimson1st
Alabama Fan
Birmingham, AL
Member since Nov 2010
9164 posts

re: Layman’s terms - how do we pay for this Coronavirus Bill?
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 at 10:41 pm


Replies (0)
Replies (0)
20
LSU6262
LSU Fan
Member since Jun 2008
5648 posts

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


Replies (0)
Replies (0)
00
SOCAL TIGER
LSU Fan
SOCAL
Member since Jan 2005
7757 posts

re: Layman’s terms - how do we pay for this Coronavirus Bill?
We can’t and we won’t


Replies (0)
Replies (0)
00
the808bass
Louisville Fan
The Lou
Member since Oct 2012
66592 posts

re: Layman’s terms - how do we pay for this Coronavirus Bill?
Money printer go brrrrr.


Replies (0)
Replies (0)
20
HogBalls
Arkansas Fan
Houston
Member since Nov 2014
3684 posts

re: Layman’s terms - how do we pay for this Coronavirus Bill?
China finally gonna give us that EBT card


Replies (0)
Replies (0)
00
BamaPig
Arkansas Fan
Alabama
Member since Jan 2020
122 posts

re: Layman’s terms - how do we pay for this Coronavirus Bill?
You'll be dead before it's paid for, let that sink in.


TD SponsorTD Fan
USA
Member since 2001
Thank you for supporting our sponsors
Advertisement
TerryDawg03
Georgia Fan
The Deep South
Member since Dec 2012
7689 posts
 Online 

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


Replies (0)
Replies (0)
01
ImaObserver
Member since Aug 2019
377 posts

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


Replies (0)
Replies (0)
01
Trevaylin
LSU Fan
south texas
Member since Feb 2019
831 posts

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


inflation..........................


Replies (0)
Replies (0)
00
Boatshoes
Member since Dec 2017
6622 posts

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


88Wildcat
Kansas State Fan
Topeka, Ks
Member since Jul 2017
4758 posts

re: Layman’s terms - how do we pay for this Coronavirus Bill?
"We" don't. Our children, grandchildren, and/or great grandchildren will.


Replies (0)
Replies (0)
00
footballdude
LSU Fan
BR
Member since Sep 2010
367 posts

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

By taking on debt and then inflating the currency to make servicing the debt easier.


Replies (0)
Replies (0)
00
The Maj
Alabama Fan
Member since Sep 2016
10254 posts
 Online 

re: Layman’s terms - how do we pay for this Coronavirus Bill?
See can... keep eye on can... kick can... repeat...


Replies (0)
Replies (0)
00
NC_Tigah
LSU Fan
Carolinas
Member since Sep 2003
97684 posts
 Online 

re: Layman’s terms - how do we pay for this Coronavirus Bill?
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 at 8:44 am


Replies (0)
Replies (0)
00
GetCocky11
South Carolina Fan
Arlen, TX
Member since Oct 2012
38707 posts

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


Replies (0)
Replies (0)
00
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