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The D.C. Overlords are potentially crafting a 3-4 trillion dollar stimulus?

Posted on 3/21/20 at 11:45 am
Posted by Bass Tiger
Member since Oct 2014
46152 posts
Posted on 3/21/20 at 11:45 am
I understand the need to assist businesses and Americans during and after this pandemic but we're setting ourselves up for a debt spiral we'll surely never service. If y'all we're seriously concerned about the federal debt before this pandemic how do you feel now that our federal government is fixin to supercharge our eventual economic demise by printing trillions of dollars in government assistance?

I'm in the high risk demographics for complications from the COVID19 virus and I'm still working because I have a job that doesn't place me in tight quarters with a lot of people so I continue to work even though my employer offers people of my age two weeks paid leave. I think we're at the point where a hard decision needs to be made to allow people who health experts believe are at low risk from developing complications from COVID19 to continue to work and less stringent social guidelines should be given to those same individuals. People who are high risk should be the folks who take social distancing to a maximum and these folks should be given stringent guidelines and schedules that would allow them to still acquire the necessary essentials for daily life.

This situation is manageable but the cost is still going to be enormous but right now I'm seeing politicians who are using this unfortunate circumstance to exert more authority over the citizenry. We need some clear thinking individuals to step up who understand the risk of the COVID19 pandemic vs the overall health of America.......we're at a crossroad where a decision has to be made, do we sacrifice our country's economic future or do we cower in our homes because some Americans are going to fall ill and potentially die.....it's terrible that people will be sickened and tragic when we lose loved ones to something like this pandemic but the alternative may be much more grim.
Posted by Aristo
Colorado
Member since Jan 2007
13292 posts
Posted on 3/21/20 at 11:46 am to
Sounds like we need to cut out our foreign aid for home aid and send out bills for world policing.
Posted by Little Trump
Florida
Member since Nov 2017
5817 posts
Posted on 3/21/20 at 11:47 am to
Scumbag politicians will get at least 50%
Posted by Bulldogblitz
In my house
Member since Dec 2018
26784 posts
Posted on 3/21/20 at 11:49 am to
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75219 posts
Posted on 3/21/20 at 11:50 am to
The only ones concerned with the national debt are those who are the opposite party of the current administration. Most of my conservative friends during the Obama years always mentioned the debt spiraling out of control. Nowadays, they’re fairly quiet since they support President Trump.

I guess it’s always been this way
Posted by Raptordawg
Youngsville, La.
Member since Nov 2005
549 posts
Posted on 3/21/20 at 11:51 am to
You're delusional if you ever thought that they ever intended to pay down the national debt.
Posted by SickGainzLP
Member since May 2019
1230 posts
Posted on 3/21/20 at 11:51 am to
quote:

The only ones concerned with the national debt are those who are the opposite party
put it on a plaque.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71180 posts
Posted on 3/21/20 at 11:53 am to
quote:

Sounds like we need to cut out our foreign aid for home aid and send out bills for world policing.


Or end the regime change wars altogether.

Also need to put a dedicated tariff on Chinese imports until the cost of the stimulus is paid off.

China is assho.
Posted by dcbl
Good guys wear white hats.
Member since Sep 2013
29698 posts
Posted on 3/21/20 at 11:53 am to
quote:

If y'all we're seriously concerned about the federal debt before this pandemic how do you feel now that our federal government is fixin to supercharge our eventual economic demise by printing trillions of dollars in government assistance?
we are in trouble

and I think foreign entities holding our debt, especially the Chinese, are in bigger trouble
Posted by dcbl
Good guys wear white hats.
Member since Sep 2013
29698 posts
Posted on 3/21/20 at 11:54 am to
quote:

The only ones concerned with the national debt are those who are the opposite party of the current administration. Most of my conservative friends during the Obama years always mentioned the debt spiraling out of control. Nowadays, they’re fairly quiet since they support President Trump.

I guess it’s always been this way
yes
Posted by Bass Tiger
Member since Oct 2014
46152 posts
Posted on 3/21/20 at 11:56 am to
quote:

The only ones concerned with the national debt are those who are the opposite party of the current administration. Most of my conservative friends during the Obama years always mentioned the debt spiraling out of control. Nowadays, they’re fairly quiet since they support President Trump. I guess it’s always been this way


It's not just the trillions they're talking about for the stimulus it's the nonsensical approach to navigate economically through this pandemic period.......I'm disappointed the government doesn't have a targeted approach to lessen the damage to the economy. There's no need to snuff the economy to save America.
Posted by Roberteaux
mandeville
Member since Sep 2009
5809 posts
Posted on 3/21/20 at 11:57 am to
I feel the same way. My opinion is that retirees (people who don’t need to work) and non retirees over the age of 60 should refrain from work and practice social distancing and avoid unnecessary public gathering for 2 or 3 weeks. The rest of us go about our lives at our own discretion. At a certain point this thing isn’t worth completely destroying our whole economy
Posted by Taxing Authority
Houston
Member since Feb 2010
57297 posts
Posted on 3/21/20 at 11:57 am to
quote:

If y'all we're seriously concerned about the federal debt before this pandemic how do you feel now that our federal government is fixin to supercharge our eventual economic demise by printing trillions of dollars in government assistance?
Our “cure” will be our demise. This is the problem with running war-time levels of deficit—with no war. When a problem comes along it’s harder to deal with.

But the other side is... we’re already doomed on with our debt. It’s never going down until we default. So this just accelerated the inevitable.
Posted by Bass Tiger
Member since Oct 2014
46152 posts
Posted on 3/21/20 at 11:57 am to
quote:

You're delusional if you ever thought that they ever intended to pay down the national debt.


Uhh, yeah not sure how you got that from my OP.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 3/21/20 at 11:58 am to
(no message)
This post was edited on 2/4/21 at 12:57 am
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260896 posts
Posted on 3/21/20 at 11:59 am to
quote:

guess it’s always been this way


Yes. Everywhere, all the time.
Posted by Bjorn Cyborg
Member since Sep 2016
26817 posts
Posted on 3/21/20 at 12:00 pm to
quote:

I guess it’s always been this way


I was worried about it during both. It’s horrible and there’s no excuse for it.

Posted by mmcgrath
Indianapolis
Member since Feb 2010
35412 posts
Posted on 3/21/20 at 12:01 pm to
quote:

There are going to be several industries that are bailed out. The airline industry (manufacturing and carriers) will be first and the most expensive.
Half of that will go to one company (Boeing) whose issues have nothing to do with cv19.

Guess we will be rocketing towards $30 Trillion in debt by November.
Posted by Bass Tiger
Member since Oct 2014
46152 posts
Posted on 3/21/20 at 12:01 pm to
quote:

There are going to be several industries that are bailed out. The airline industry (manufacturing and carriers) will be first and the most expensive.


I'm sure you're correct. I can understand why we as Americans would want to preserve critical sectors of our economy.....in some ways not protecting critical industries in our economy has contributed to this mess.
This post was edited on 3/21/20 at 12:02 pm
Posted by arcalades
USA
Member since Feb 2014
19276 posts
Posted on 3/21/20 at 12:04 pm to
quote:

. If y'all we're seriously concerned about the federal debt before this pandemic how do you feel now that our federal government is fixin to supercharge our eventual economic demise by printing trillions of dollars in government assistance?
please stop with this debt nonsense. you don't know anything about currency, much less our corrupt system.
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