Coronavirus (political)


Buffalo Bob
05-09-2020, 08:43 AM
Democratic senators propose $2,000 monthly payments to most Americans (https://www.politico.com/news/2020/05/08/monthly-payments-2000-coronavirus-243670)

I would say yes but only to people or households where a job has been loss or furloughed. That money then would work to reduce/eliminate unemployment benefits paid by the state to ease those budgets. Essentially that is the bailout works twofold. It doesn’t make sense to hand out money to people who haven’t been financially impacted...I want my tax money to go to those in need, not just handed out to people who don’t. Also I don’t want my tax money to go to people who just to collect unemployment and not return to work as jobs return either.

Also no one should be paid more to stay home than to work. Plenty of stories where part timers and low hourly wage workers made more to stay home because of the added $600 fed money a week + state benefits. Business owners got loans to open back up and the employees were angered and did not want to go back to work.

Giantone
05-09-2020, 11:43 AM
I would love it but I think McConnell and co. would rather shoot Kamala Harris in the face and go out on death row then even think about agreeing to that.

Giving money to idiot poor people? Vs. giving it to corporations who pour it back into the economy via stock buybacks and executive bonuses? Who came up with that dipshit idea?

If you keep making sense we're going to have to shut this thing down!

MTK
05-09-2020, 12:25 PM
I would say yes but only to people or households where a job has been loss or furloughed. That money then would work to reduce/eliminate unemployment benefits paid by the state to ease those budgets. Essentially that is the bailout works twofold. It doesn’t make sense to hand out money to people who haven’t been financially impacted...I want my tax money to go to those in need, not just handed out to people who don’t. Also I don’t want my tax money to go to people who just to collect unemployment and not return to work as jobs return either.


Don’t know about you, but even though I don’t “need it” I’d sure as hell spend it. Isn’t that the idea of a stimulus


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sdskinsfan2001
05-09-2020, 12:54 PM
If they're handing out 2K a month I'm not getting punished for working. Give me my 2K. I'm middle class. Make just enough to get by and put a bit into my 401K and HSA. And that's cause I live with roommates. If I rented a place by myself my housing costs would at least double and I'd be struggling. Could definitely use some extra money to put away. I'd spend good chunk of it too. Have already been ordering food delivery 3 or 4 times a week.

Schneed10
05-09-2020, 10:06 PM
Don’t know about you, but even though I don’t “need it” I’d sure as hell spend it. Isn’t that the idea of a stimulus


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I would definitely save it. Chico’s right, there would be serious diminishing returns by giving it to everyone. It should go to the unemployed.

Giantone
05-10-2020, 06:38 AM
I find it odd people have a problem with individuals getting stimulus checks to "stimulate the economy" but there wasn't a big out cry when Boeing got 50 billion or the Kennedy Center got 30 million from the last stimulus bill . Like others have said if it is to the "people" fine . I'm retired and have a small pt job but this will cause my heath Insurance to go up(I'll spend it on that) ...I should be able to use this money as I see fit ,save it spend it , what ever.

Schneed10
05-10-2020, 09:11 AM
The more people who decide to save it, the lesser the intended impact on the economy. The point of a stimulus is to get money flowing around the economy quickly, or grease the gears of a particular industry so that it doesn’t grind to a complete halt thereby killing a vital service.

Give the money to individuals who really need it. They’ll spend it immediately. The businesses receiving it will then spend it immediately as they continue to try to stay afloat. That money does a lot more good flowing around the economy than mine or yours would if we saved it. Saved money only helps the banks have more cash available for lending, which has value, but we are not on the precipice of a financial collapse like we were in 2008. Saved money would do little right now for the greater good.

Schneed10
05-10-2020, 09:13 AM
Not to mention, it just makes no sense. I was doing fine before COVID and I’m still doing fine now. People like me should not get help. We don’t need it. Let it go to the people who do. Waiters, hairdressers, retail business owners, they’re the ones that need it.

punch it in
05-10-2020, 09:23 AM
The more people who decide to save it, the lesser the intended impact on the economy. The point of a stimulus is to get money flowing around the economy quickly, or grease the gears of a particular industry so that it doesn’t grind to a complete halt thereby killing a vital service.



Give the money to individuals who really need it. They’ll spend it immediately. The businesses receiving it will then spend it immediately as they continue to try to stay afloat. That money does a lot more good flowing around the economy than mine or yours would if we saved it. Saved money only helps the banks have more cash available for lending, which has value, but we are not on the precipice of a financial collapse like we were in 2008. Saved money would do little right now for the greater good.



I agree with this, but like Matty said he doesn’t need it but would spend it. I am getting paid more for work right now, and my wife is a teacher and still getting paid. I didn’t need it. I spent it. Put it back into flow by getting dinners from local restaurants, etc. You told Matty to save it, but than here said saving money right now is not contributing to the greater good. If people who dont need it - get it and spend it on the people who do isn’t that just as productive as those people getting it directly??

MTK
05-10-2020, 10:03 AM
Nobody is getting rich on unemployment. I say if someone is living a little more comfortably right now during a stressful time that’s a good thing.


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