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I’m richEveryone gets 1k per month. Go....
For what reason?Everyone gets 1k per month. Go....
Stimulate economy until corona passes. It's on the table. 850 billion to 1.2 trillion. Checks in 2 weeksFor what reason?
That 1k isn't free, it comes from somewhere.Stimulate economy until corona passes. It's on the table. 850 billion
Drop in the bucket compared to socialist Bernie and his 60 trillion college for everyone program.I would immediately vote NO if given a choice. We are not under communism. No thanks Bernie.
At least, if true that stimulus is going to the American people and NOT greedy corporations. Obama was the WORST president of all timehttps://finance.yahoo.com/news/white-house-wants-send-individual-185544131.html
(Bloomberg) -- The Trump administration is discussing a plan that could amount to as much as $1.2 trillion in spending -- including direct payments of $1,000 or more to Americans within two weeks -- to blunt some of the economic impact of the widening coronavirus outbreak.
Treasury Secretary Steven Mnuchin pitched $250 billion in checks to be sent at the end of April with a second set of checks totaling $500 billion four weeks later if there’s still a national emergency, according to a person familiar with the matter.
“Americans need cash now, and the president wants to give cash now. And I mean now, in the next two weeks,” Mnuchin said Tuesday at a White House briefing alongside President Donald Trump.
“It is a big number,” Mnuchin told reporters later on Capitol Hill. “This is a very big situation in this economy, we put a proposal on the table that would inject $1 trillion into the economy.”
At least, if true that stimulus is going to the American people and NOT greedy corporations. Obama was the WORST president of all time
Are you willingly ignorant, or is this just an episode for you?Drop in the bucket compared to socialist Bernie and his 60 trillion college for everyone program.
Airlines always get taken care of.Don't worry they'll get theirs. Trump already told the airlines he'll take care of them.
Educate meAre you willingly ignorant, or is this just an episode for you?
That's not my job, young one. Look to your parents or other family for an expression of American society.Educate me
What I thought.That's not my job, young one. Look to your parents or other family for an expression of American society.
Oh? Talk to me like a toddler, get a toddler mended response.What I thought.
At least, if true that stimulus is going to the American people and NOT greedy corporations. Obama was the WORST president of all time
Yeah... this is a huge economic event and will require a huge economic response to prevent permanent damage in terms of businesses closing and unemployment skyrocketing. Adding a couple trillion dollars to the national debt to help average Americans and affected businesses is a relatively small price to pay to prevent economic collapse.Trump's got to do anything he can to try and save his economy. Problem here is that the industry worst hit won't get any of this money. If he sends me $1000 I'm not buying airline tickets or hotel rooms.
This money will go to business who already have customers and we will still have to bail out the others.
ill have to use my check for a roll of toilet paper.
otherwise, itd’ve been hookers and blow.
National security, infrastructure,saves lives, creates commerce, theres a few reasons why, and the list is long.Airlines always get taken care of.
They just need better ways to operate. All I'm sayingNational security, infrastructure,saves lives, creates commerce, theres a few reasons why, and the list is long.
The airlines? I guess?They just need better ways to operate. All I'm saying
It doesn't end with this. Those laid off can get other monies too, and the businesses can get no penalty loans, not ideal,but survivable.Free money, and who gets it and for how long, is a very slippery slope. I have been in Montana for a decade now. Our second leading industry behind agriculture is tourism, and in the mountainous region I live in, it is #1. If this goes on for 6 or 8 months and the whole tourist summer season is basically canceled, things are going to get beyond UGLY here. Hotels, restaurants, fishing guides, gas stations, state agencies relying on non resident tags, ski hills, ect..... all fall down. With many people laid off, or let go completely, my community college will see an uptick in enrollment because student loans will be the way 17% of my students pay their rent and feed their kids, put it is not ideal. So my job is secure, but my community will suffer more than just economically: crime rates will soar, abuse and domestic assaults will escalate, and suicides will go even higher than the currently are....
Instead of free money, I would vote for something similar to the CCC (Civilian Conservation Corps) where more than some of these individuals, in order to get their $3000 a month, would be put on crews to improve the infrastructure and back log of projects both in tourist hot spots and on public lands. This doesn't solve it for 32.2% but those would need to apply to support crews and assistants, both in person and remotely (if daycare is an issue, for example).
There are probably all kinds of holes from both the left and right regarding my idea, but it was utilized successfully 87 years ago for the good of our society, and I think something similar is a possibility in 2020. Maybe? Probably not..... Thanks for reading.
It doesn't end with this. Those laid off can get other monies too, and the businesses can get no penalty loans, not ideal,but survivable.
Unless they changed it, anyone getting laid off will continue to get paid I believe. Even at 70%, add in the thousand,theyre close, and if an adult in the family isnt working, they'll still get that thousand.
Well, I think I know the haves in the have and have not scenario, it doesn't surprise me. Yea, tips wont likely be covered, and not exactly sure even what percentage people will be covered at. But, if they go by income, and they've reported their tips, it might be covered.Sadly, it doesn't quite work seamlessly for the seasonal and temporary jobs here, which make up 25-40% of the workforce here...... Many of which, uncle sam doesn't really know about, at least he doesn't know the real amount of pay. (tips, cash, side hustles, trading services...... It is WAY too common here, where you can't buy a house for less than $275k and the average income is less than 40k annually.... The scenery tax is a doozy out here, especially in places like bozeman, missoula, and helena. Hard to explain, sorry..... but I have never lived in a place with so many pay check to pay check, or worse, for the majority of the population.)
Depends on perspective. Another could say it disallowed taking too much money away from someone that worked for itTrump's tax cuts have only helped the rich get richer. Don't kid yourself.
I’m not rich by any means and it’s helping usTrump's tax cuts have only helped the rich get richer. Don't kid yourself.
Depends on perspective. Another could say it disallowed taking too much money away from someone that worked for it