Trump hints at a very generous stimulus check. $6000 per household.

[ArcticCrusher]

Just now, Jimmy Snacks said:

Banks have been bailed out because of their shitty practices yet you want to dump on the working person...fucking cunt.

Jim would you deplete your 401k to keep your employees on the payroll?

Yah I know.

[1jkw]

27 minutes ago, ArcticCrusher said:

You used the word not me, it's funny cause my success is all from intellectual property that is 100% researched, developed and marketed from my grass roots.

You think someone would deplete their retained earnings during covid to keep McDonald employees paid?

Fuck you are dumb.

Hey asshole point out where I used silverspooner before you did.  

This discussion had not one fucking thing to do with your success . 

As stupid as you come across here I find it hard to believe you made all your claimed massive wealth on your own, if you did good for you, but you can't even follow a simple thread here so I have my doubts.

[ArcticCrusher]

27 minutes ago, 1jkw said:

Hey asshole point out where I used silverspooner before you did.  

This discussion had not one fucking thing to do with your success . 

As stupid as you come across here I find it hard to believe you made all your claimed massive wealth on your own, if you did good for you, but you can't even follow a simple thread here so I have my doubts.

Try a backread.

[DriftBusta]

10 hours ago, 1jkw said:

You haven't show shit, I simply pointed out why I am for the workers getting some money, the big companies were going to get it anyway and Trump was leading the charge. Trump even brags about it in his campaign commercials.

I agree there should be strict covenants for any publicly held company, and without knowing the details, im sure there are certain covenants on how the money is used.  And the macro view is that sometimes a short term bandaid to these companies is better than the net impact on the economy if say, 10 thousand jobs would be lost if the company folded.  That “bail out” money had to be earmarked for wages and salaries.  One of our snowmobile buddies, employs 350 people.  He got 2.2 million in Donnie Dollars.  It basically carried his payroll and other overhead for a month.

[1jkw]

3 minutes ago, DriftBusta said:

I agree there should be strict covenants for any publicly held company, and without knowing the details, im sure there are certain covenants on how the money is used.  And the macro view is that sometimes a short term bandaid to these companies is better than the net impact on the economy if say, 10 thousand jobs would be lost if the company folded.  That “bail out” money had to be earmarked for wages and salaries.  One of our snowmobile buddies, employs 350 people.  He got 2.2 million in Donnie Dollars.  It basically carried his payroll and other overhead for a month.

Socialism at work.   Yes it was needed now, just like back in the 08/09 crash, funny how it is acceptable now, even bragged about.  Not sure how the 3.5 to 4 trillion dollar deficit will ever get paid down, I'm 99.9% sure it won't, and 50/50 if it really will matter when it isn't.

[snoughnut]

14 minutes ago, 1jkw said:

Socialism at work.   Yes it was needed now, just like back in the 08/09 crash, funny how it is acceptable now, even bragged about.  Not sure how the 3.5 to 4 trillion dollar deficit will ever get paid down, I'm 99.9% sure it won't, and 50/50 if it really will matter when it isn't.

I firmly believe that's a govt. lie to keep the masses in fear and I'm not about to let it bother me and I suggest you do the same. 

[DriftBusta]

1 hour ago, 1jkw said:

, a Socialism at work.   Yes it was needed now, just like back in the 08/09 crash, funny how it is acceptable now, even bragged about.  Not sure how the 3.5 to 4 trillion dollar deficit will ever get paid down, I'm 99.9% sure it won't, and 50/50 if it really will matter when it isn't.

I'm not sure how it will paid down either, but you glossed over the 10,000 jobs part.  The point is, its more like millions of jobs.  Do you know that impact that even more millions of jobs lost would have on the economy?  I don't, but if millions of families get to survive as a result, I'm all for it.  That probably sounds liberal to some, but 70% of our economy relies on consumer spending and most of the shit I read from economists say that they accept that the stimulus was necessary.  .

Edited June 24, 2020 by DriftBusta

[1jkw]

12 minutes ago, DriftBusta said:

I'm not sure how it will paid down either, but you glossed over the 10,000 jobs part.  The point is, its more like millions of jobs.  Do you know that impact that even more millions of jobs lost would have on the economy?  I don't, but if millions of families get to survive as a result, I'm all for it.  That probably sounds liberal to some, but 70% of our economy relies on consumer spending and most of the shit I read from economists say that they accept that the stimulus was necessary.  .

I didn't gloss over anything, and I certainly hope the trillions spent saved far more than 10,000 jobs and more like millions. Compare what is being spent now compared to the amount spent in the 09 package that lasted to 2019, in the link Don posted. It seems every so called conservative  is ok with record debt, deficit, and FED balance sheets now. No doubt the economy would have crashed terribly without all this spending, even before Covid  hit the debt and deficit were steadily rising.  Someday somehow and I don't see how the debt issue needs to be addressed or maybe it really just doesn't matter, and with the stroke of a pen it will be gone.

[1jkw]

1 hour ago, snoughnut said:

I firmly believe that's a govt. lie to keep the masses in fear and I'm not about to let it bother me and I suggest you do the same. 

I believe it's worse, in fact if you go to debt clock .org you will see the actual deficit is higher than the official number.  It really doesn't bother me, but it is pretty cool that since January 2017 it doesn't bother the same people who cried endlessly about it prior to that.

[SSFB]

3 hours ago, snoughnut said:

I firmly believe that's a govt. lie to keep the masses in fear and I'm not about to let it bother me and I suggest you do the same. 

What do you mean it’s a lie? They’re lying about the size of the deficit?

[spin_dry]

22 minutes ago, SSFB said:

What do you mean it’s a lie? They’re lying about the size of the deficit?

It’s a lie until a Democrat wins. Then watch out. The Big Dipper is gonna fall and konk everyone on the head with a debt bomb. 

[racer254]

13 hours ago, 1jkw said:

Socialism at work.   Yes it was needed now, just like back in the 08/09 crash, funny how it is acceptable now, even bragged about.  Not sure how the 3.5 to 4 trillion dollar deficit will ever get paid down, I'm 99.9% sure it won't, and 50/50 if it really will matter when it isn't.

It was not needed then and it is not needed now.   A tax holiday would have stopped any of the corruption you are talking about.  Like I said, I told you what the solution was, but you won't accept it.

 

[1jkw]

Just now, racer254 said:

It was not needed then and it is not needed now.   A tax holiday would have stopped any of the corruption you are talking about.  Like I said, I told you what the solution was, but you won't accept it.

 

You are still on that stupid kick tax holiday, it wouldn't do shit to help the people who really needed help, you are the only one here who can't grasp that.

[racer254]

24 minutes ago, 1jkw said:

You are still on that stupid kick tax holiday, it wouldn't do shit to help the people who really needed help, you are the only one here who can't grasp that.

I listed the ways it would have helped and it would have STOPPED most of the corruption you and other dipshits are complaining about.   It would have stopped money going to the government and it would have made many understand how much money the government takes.  Keep believing that giving the government money will help you.

Edited June 25, 2020 by racer254

[1jkw]

2 minutes ago, racer254 said:

I listed the ways it would have helped and it would have STOPPED most of the corruption you and other dipshits are complaining about.   It would have stopped money going to the government and it would have made many understand how much money the government takes.  Keep believing that giving the government money will help you.

It would have done nothing to help the people who most needed help, it's just that simple, snakes story was the same story that millions of  hourly workers shared, be glad you never were in that position.

[racer254]

8 minutes ago, 1jkw said:

It would have done nothing to help the people who most needed help, it's just that simple, snakes story was the same story that millions of  hourly workers shared, be glad you never were in that position.

You have no idea if it would have helped and you will never be allowed to.  The government will NEVER do a tax holiday.  They would rather GIVE you some money rather than let you keep your own and they will flood the media with articles how a tax holiday won't work.  It's a good thing they have people like you advocating against it. 

It is utterly amazing how every stimulus gets the same type of complaints about corruption and yet those same people DON'T/WON'T try something different.  

 

Edited June 25, 2020 by racer254

[DriftBusta]

12 hours ago, 1jkw said:

I didn't gloss over anything, and I certainly hope the trillions spent saved far more than 10,000 jobs and more like millions. Compare what is being spent now compared to the amount spent in the 09 package that lasted to 2019, in the link Don posted. It seems every so called conservative  is ok with record debt, deficit, and FED balance sheets now. No doubt the economy would have crashed terribly without all this spending, even before Covid  hit the debt and deficit were steadily rising.  Someday somehow and I don't see how the debt issue needs to be addressed or maybe it really just doesn't matter, and with the stroke of a pen it will be gone.

Yea ya fucking did.  The part about millions of jobs saved, the economy still having money pumped into it, the multiplier effect it has, and most of all, how most economic analysts recognize it needed to be done, or the possibility of a reverse multiplier effect happening and a resulting depression.  You got such a fucking hard on for Trump, you're comparing a recession with a world wide pandemic.  Yuhhhhmmmmsure.

[1jkw]

7 minutes ago, DriftBusta said:

Yea ya fucking did.  The part about millions of jobs saved, the economy still having money pumped into it, the multiplier effect it has, and most of all, how most economic analysts recognize it needed to be done, or the possibility of a reverse multiplier effect happening and a resulting depression.  You got such a fucking hard on for Trump, you're comparing a recession with a world wide pandemic.  Yuhhhhmmmmsure.

No, I have stated numerous times I know spending was needed now, just as it was needed after the 08/09 crash and the worldwide recession that was already in place.   Economists at the time using what they learned from Japans recession called for more stimulus after the 08/09 crash.  I'm glad you have learned the error of your ways and now understand and 100% fully embrace how government spending props up our economy.  Given the amount of money spent and the number of jobs lost, and the number of new UE claims, at what point will you start calling this  a failed stimulus?

[1jkw]

48 minutes ago, racer254 said:

You have no idea if it would have helped and you will never be allowed to.  The government will NEVER do a tax holiday.  They would rather GIVE you some money rather than let you keep your own and they will flood the media with articles how a tax holiday won't work.  It's a good thing they have people like you advocating against it. 

It is utterly amazing how every stimulus gets the same type of complaints about corruption and yet those same people DON'T/WON'T try something different.  

 

Please explain how a tax holiday helps someone in a position like snake pointed out.

[racer254]

2 minutes ago, 1jkw said:

Please explain how a tax holiday helps someone in a position like snake pointed out.

I have already explained it MULTIPLE times on this forum, but you don't like any explanations I give.   So, what's the position you are referring to?

[1jkw]

Just now, racer254 said:

I have already explained it MULTIPLE times on this forum, but you don't like any explanations I give.   So, what's the position you are referring to?

Being laid off having no money in reserve and not getting your UE benefits for up to 3 months.

[racer254]

2 minutes ago, 1jkw said:

Being laid off having no money in reserve and not getting your UE benefits for up to 3 months.

Why are they not getting their UE benefits?   The same government that sends the checks also takes care of the UE benefits.

Again, you are trying to find the needle in a haystack, or some exclusive position that would work for you.

[Angry ginger]

Just now, racer254 said:

Why are they not getting their UE benefits?   The same government that sends the checks also takes care of the UE benefits.

Again, you are trying to find the needle in a haystack, or some exclusive position that would work for you.

states have been so far behind on UE payouos it is silly.  there are some states who still haven;t started giving out the extra 600 to lots of eligible people.  

[1jkw]

Just now, racer254 said:

Why are they not getting their UE benefits?   The same government that sends the checks also takes care of the UE benefits.

Again, you are trying to find the needle in a haystack, or some exclusive position that would work for you.

Because the UE system was overwhelmed , and it is handled state by state not federally.

[racer254]

1 minute ago, Angry ginger said:

states have been so far behind on UE payouos it is silly.  there are some states who still haven;t started giving out the extra 600 to lots of eligible people.  

This just proves my point.  Why are we paying in to a government on time, and when the money is needed by the taxpayers, the government doesn't dole it out just as fast as we paid it in.