Send the cost to China along with other ones passed
Compared to giving extended/enhanced unemployment benefits that at least go to people who are unemployed... This money is much more likely to be put in the hands of people who need it more and who are more likely to spend it on essentials and not on the stock market (where we know a lot of the first stimulus money went) or luxury goods.
Oh you mean like how Trump tried to pass the bill to Mexico for the wall and instead a ton of the money came out of the U.S. Defense Budget to pay for it??
Mexico is paying for it
They have their forces on boarder
Damm your dumb
Biden mentioned supporting $15 an hour every speech he gaveNot everyone is a trust fund baby like yourself who can sit around playing games and waiting for Republicans (who give two s about actually helping people) to fold and cave in to all our demands like we are the only ones with leverage
Where's the cash?
You gullible as
Pretty sure this bill doesn't include the checks.
Low for their intent which isn't to boost struggling people but to boost a struggling economy. Spending is spending.
Dems won't do $15 because their BigDonor class doesn't want to pay Labor.Biden mentioned supporting $15 an hour every speech he gave
What's inefficient about the stimulus? The unemployment where people were getting regular unemployment plus $600 seemed even more inefficient since it disencentivizes people from getting jobs
"disencentivizes people from getting jobs"
that's Repug propaganda. There is no evidence supporting that bull to justify giving pandemic unemployed NOTHING.
BS. Many gave it up when states reopened because they wanted their jobs. Many went back to jobs that paid less.
Amazing that some still eat that Repug propaganda up.
If their jobs still existed im sure they went back to them but many don't exist still. If I'm making like $900 a week on $300 unemployment+$600 a week bonus why would I want to get a minimum wage job where it would take me three weeks to make that much lol.
How much of a dummy you gotta be to take a $300 a week minimum wage job when you be making $900/week for doing nothing?
Lmao any critique of you guys in any way is a rightwing talking point
That's more an indictment on where the minimum wage sits right now than bad policy, tbh.
But, regardless, the reason would be that aid is temporary due to the health emergency, and you don't want to create a situation where you make the most economically vulnerable people (who probably don't even have health insurance) risk their health, or become spreaders because of their desperation.
There's no reason for this aid to be longer than 3 months (considering the prospects of a vaccine right now), and ultimately it can be extended again then if needed.
Just gives $1500 a month to anyone with medium to low household income but don't take it away if they get a job or something. Should just be adjusted to the area maybe and cost of living
An UBI is a different matter altogether, IMO, and we can discuss it's merits separately. This is simply a temporary health emergency, and it's frankly ridiculous it's not treated as such.
Ultimately, the government ends up on the hook anyways. Either they temporarily pay them to stay at home, more or less, or end up having to foot the bill for their healthcare + all the other uninsured people they infect, or see Texas having to extend SNAP benefits, etc.
The main street economy is going to stay in the tank until this pandemic is under control. If it wasn't clear before, I think it's pretty clear by now.
The govt won't bail out all the unemployed people with taxpayer health care.
100Ks will die for want of health care, as has been PROVEN in states over 10 years that didn't expand Medicaid. 15M+ dead and state-wide longevity lower than states with expanded Medicaid.
Thanks, Capitalism. Thanks, Repugs. criminal negligent manslaughter unpunished in failed society.
Southwest furloughing 7000, probably eventual layoffs
San Antonio bailing out for $13M+ a luxe hotel it helped finance as part of HBG Convention center expansion
Commercial property occupancy rates WAY down, putting pressure on the creditors and commercial MBS
But Repug s' BigDonor class doing great, so no need to help non-BigDonor
Last edited by boutons_deux; 12-04-2020 at 07:40 AM.
I can't recall the last time I agreed with David Brooks about anything, but this article is spot on:
https://www.nytimes.com/2020/12/03/o...mcconnell.htmlThe means to prevent this suffering are also glaringly obvious. We did it less than a year ago with the CARES Act. All we have to do is pass a version of what we did before. How hard can this possibly be?
The $2 trillion CARES Act was one of the most successful pieces of legislation of modern times. Because of the lockdowns, U.S. economic output contracted by a horrific 9 percent in the second quarter of 2020, compared with the first quarter. But because of the CARES Act, disposable household incomes increased by 10 percent. The personal savings rate increased by 34 percent in April.
Either we roar out of this pandemic with the economic might and surging wages we enjoyed in 2019, or we endure another decade of grinding stagnation, more populist anger, more people losing faith in America. Microscopic interest rates make this additional debt a relatively easy lift for us.
Do we have any Kentucky residents here?
How in the F does McConnell keep getting reelected?
Didn't disposable income and personal savings really increase because suddenly people who were employed (which was still most people) couldn't spend their money on things they normally would have like the gym membership, travel, fine dining, etc.? I didn't lose my job and that was my experience. I suddenly had extra money in my pocket because I had nothing to spend it on that I usually would have spent it on.
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