CHECKS ARE COMING: President Trump signs $2T Stimulus Bill

originally posted by: strongfp
a reply to: HalWesten

I agree with you. But there's bad blood between Trump and GM. I can understand why they are hesitant. Ford has already stepped up to the plate, why do you need more then one auto maker?

Because we aren't just doing this for America we have countries all over that will likely need stuff.

a reply to: JON666

The government should have also been more prepared. Instead of relying on supply and demand so much we are now seeing a mad scramble for a supply that should have already existed. GM continues to be put under the thumb of government.

Chrysler is a much worse offender.

Based on this thread supposedly the correct course of action would be to let the economy crumble and allow people to starve to death.

Not seeing that as positive personally.

a reply to: HalWesten

Tell GM we will take x amount off each ventilator to go against all the monies GM has received from the Fed in bail outs that we lost over 10 billion as a country propping up GM.

a reply to: putnam6

America isn't going to come gallantly over the horizon to save other nations right now. Let's be real here. The US is the hardest hit area right now. By time it's over there, the rest of the world might have a handle on it already.

a reply to: interupt42

This shows that our debt doesn't really matter. So F it lets throw Bernie in there, we just showed we got a license to print money.

I'm not a Bernie bro, but honestly, he's showing more fiscal responsibility than most of the people who are in favor of this bill.

At least he claims he'd get more taxes from corporations.

Instead, with this package, there's only one group that will really get stuck with the bill. All of us.

a reply to: CriticalStinker

As someone who isn't going to get a check based on the stipulations I've read, I'm glad. I don't need one, I'm employed, still getting paid, and if I do get laid off (not impossible but unlikely given my industry) I have 6 months of pay to make ends meet. Now I know several people that make as much or more than I do, who do not have that fund set aside. I don't believe they should get it either. We may not be the rich, but if you pace yourself you do have the means to be fairly well off with savings and investments.

I keep several months of food at home as well, just in case of job loss or other hardship, it's called being responsible. If you have the means to do so, and you're not, sucks for you when you get into a situation like this. This stimulus is for those who can't save up, who can't store food, etc. I was in that position once myself, and am under no illusion that it could not happen again in the blink of an eye, so I stay prepared. I do hope those goes toward helping those who need it.

Watching some folks mental gymnastics to justify socialism has been better than popcorn.


FYI this is a short sighted plan for a temporary problem.

originally posted by: Ohanka
Based on this thread supposedly the correct course of action would be to let the economy crumble and allow people to starve to death.

Not seeing that as positive personally.

I personally believe this is more detrimental to the long term economy than letting the free market play out.

It would suck, people would be inconvenienced... But we've been conditioned into believing the only thing that will save us is the federal government, and massive spending. I don't think that's the answer.

a reply to: JinMI

FYI this is a short sighted plan for a temporary problem.

'

On top of that, most of the country is still operating at partial or full speed. The language of the spending implies the whole country has shut down like China. Every citizens needs money, and they need it now. We have to poor liquidity in the whole market. They're buying corporate bonds and backing mortgages. I really can't believe all it took was 1,200 dollars to pay people off into accepting the biggest spending since the post 9/11 wars... And it will probably surpass it.

All because a few states did a shelter in place. That's what it took to bring us to our knees and demand the federal government bail every aspect of the country out. We're so weak it's horrendous.

The great depression generation is rolling in their graves seeing us buckle because we couldn't stand to think about ditching the leased cell phones with over priced plans, picking between the brand new truck or the spare SUV, and god forbid downsizing to a house that doesn't take 30 years to pay off, and not being able to miss a months of pay to make the mortgage.

originally posted by: Ohanka
Based on this thread supposedly the correct course of action would be to let the economy crumble and allow people to starve to death.

Not seeing that as positive personally.

Yes, people complaining should donate their personal checks.

a reply to: Hypntick

And people would imply you and I are immoral for having our affairs in order.

I worked hard to get where I'm at. Several years of my life I've worked well over 60 hours a week to set aside money so I don't have to worry.

I view anxiety as a defense mechanism. I often get anxious, and when I do, I do everything I can as fast as I can so I don't feel that way.

Amazing the piece of mind you have when you're prepared for the curve balls life will throw.

originally posted by: CriticalStinker
a reply to: Inconsequential

Trump bragged about signing the biggest relief spending ever like it's some badge of honor.

The federal government on every level just OKed packages and implied more to come that will cost more than the post 9/11 wars.

America lost today

The senate vote was 96-0

I wonder if I should feel better since we just got unanimously boned.

I’m all for helping where it’s needed like unemployment and funds to keep businesses open but some of the expenditures are ridiculous..

Post office
Arts

originally posted by: JON666
a reply to: putnam6
Will this become a back door way for universal income for all Americans.

I suppose this makes it a little bit more possible, but I really don't see the alternative of insisting people need to isolate so hospitals aren't overwhelmed but not assisting those millions without paychecks. You can't do one without the other. Plus this just may give the whole country a chance to rebound quicker than have it drag on for months and months.

I know in my family of parent sisters, brother, nieces, and nephews 20 or more and only a handful have jobs where they will get paychecks regardless. All the rest of us who were just recovering from a family emergency have now been hit with lagging sales since January then right into this.

As for universal healthcare and quasi-socialism, I believe it's getting slapped pretty hard in other countries with this as well. Both Spain and Italy have socialistic influences and their healthcare systems are getting pushed to the brink. So much so that it's definitely a negative when thinking of adopting a universal basic income.

a reply to: Bluntone22

I'm all for helping people too.

But conditioning them to believe the feds will be there whenever times get tough isn't helping them.

This bill won't change anything for the better long term. It will hurt us long term.

originally posted by: Bluntone22

originally posted by: CriticalStinker
a reply to: Inconsequential

Trump bragged about signing the biggest relief spending ever like it's some badge of honor.

The federal government on every level just OKed packages and implied more to come that will cost more than the post 9/11 wars.

America lost today

The senate vote was 96-0

I wonder if I should feel better since we just got unanimously boned.

I’m all for helping where it’s needed like unemployment and funds to keep businesses open but some of the expenditures are ridiculous..

Post office
Arts

I agree some of the stuff was ridiculous but that's politics 101.

a reply to: carewemust

That's your takeaway? Lol. Not the trillions-of-dollars giveaway to non-tax payers that represents most of the rest of the bill?

You clearly don't think much of regular Americans. How sad. I love regular Americans and most of us would rather die than run down the unemployment meter.

Most of the beneficiaries of this bill appreciate your loyalty, I'm certain.

originally posted by: Ohanka
Based on this thread supposedly the correct course of action would be to let the economy crumble and allow people to starve to death.

Not seeing that as positive personally.

This bill has NASA funding....
$11 billion payoff of post office debt..

How exactly is that keeping people from starving?

Nobody is bitching about funding that will go where it’s needed but there is so much pork in this bill it’s the whole damn pig.

originally posted by: JinMI
Watching some folks mental gymnastics to justify socialism has been better than popcorn.


FYI this is a short sighted plan for a temporary problem.

I know, right? Granted, I have a favorable point of view on some concepts tweaked to fit in with our society better, but holy goddamn crap, this is being done ALL kinds of wrong here. If we're ever going to do a UBI, it would make more sense to get the country OUT of debt first and keep it that way, and the UBI be contingent on surplus federal money --- if we can't swing that, no UBI for the spendy-spend country.

But this?

All this does is dig us a deeper debt hole. Wonder how much of it China's going to end up owning this time.

a reply to: Inconsequential