More Stimulus On THe Way ?
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More Stimulus On THe Way ?

This is a discussion on More Stimulus On THe Way ? within the Economic, Precious Metals, Investing, Finance forums, part of the General Discussion category; The central elements of a hard-fought compromise appeared in place: more than $300 billion in aid to businesses; a $300-per-week bonus federal jobless benefit and ...

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Thread: More Stimulus On THe Way ?

  1. #1
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    More Stimulus On THe Way ?

    The central elements of a hard-fought compromise appeared in place: more than $300 billion in aid to businesses; a $300-per-week bonus federal jobless benefit and renewal of soon-to-expire state benefits; $600 direct payments to individuals; vaccine distribution funds and money for renters, schools, the Postal Service and people needing food aid.


    https://www.baltimoresun.com/coronav...5ty-story.html


    More Stimulus On THe Way ?-bea707db-a2e5-42cf-892f-d2dcc1bc3e1a_jpe-1736251.jpg
    stevekozak likes this.
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  2. #2
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    Quote Originally Posted by AquaHull View Post
    The central elements of a hard-fought compromise appeared in place: more than $300 billion in aid to businesses; a $300-per-week bonus federal jobless benefit and renewal of soon-to-expire state benefits; $600 direct payments to individuals; vaccine distribution funds and money for renters, schools, the Postal Service and people needing food aid.


    https://www.baltimoresun.com/coronav...5ty-story.html


    Click image for larger version. 

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    Read this morning on Newsmax, one of the sticking points is the sunset clause in the Cares Act passed in March, which is the method money can be transferred to Citizens and Businesses - and was supposed to expire. The dems want the expiration Clause taken out, or extended to 2026, so they can use that method to continue to send money to the public (under the guise of covid), rather than a separate bill to give Basic Income to Americans...which wouldn't pass. Sneaky fkrs.

    https://www.newsmax.com/t/newsmax/ar...=17&id=1002077
    Last edited by MountainGirl; 12-19-2020 at 01:07 PM. Reason: Add link to Newsmax article
    inceptor likes this.
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  3. #3
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    Quote Originally Posted by MountainGirl View Post
    Read this morning on Newsmax, one of the sticking points is the sunset clause in the Cares Act passed in March, which is the method money can be transferred to Citizens and Businesses - and was supposed to expire. The dems want the expiration Clause taken out, or extended to 2026, so they can use that method to continue to send money to the public (under the guise of covid), rather than a separate bill to give Basic Income to Americans...which wouldn't pass. Sneaky fkrs.
    I would like to stimulate their socialist asses via a cattle prod up their backsides. Hell, as messed up as they are, they would probably just enjoy it, though.
    Michael_Js, Slippy and NMPRN like this.

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  5. #4
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    I'm not too keen on these stimulus plans. During a normal year folks would find a way to make it on unemployment, they've done it before.
    I did accept the first one, but if we have another and Trump doesn't make it, the Dems will squawk look at the deficit, we need to raise taxes and blame Trump/Republicans even tho they signed off on it too.

    I really wish I could be glad to get free money, but I feel for my daughter and those around her age(24) that will have to pay the majority of it through taxes.
    65mustang likes this.
    I'll gladly pay you Tuesday, for a hamburger today.

  6. #5
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    I guess I'm just dumb or something.

    How is this ever going to be repaid???

    We got 330 million folks in this place . . . and I read not long ago that only about half have jobs. That's 165 million.

    If 165 million folks paid 25K$ a year income taxes on the average . . . that's only 4T$ . . . and in 2019 we spent that and then some.

    So how do we retire this 35T$ debt we now have???

    May God bless,
    Dwight
    If you can breathe, . . . thank God.

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  7. #6
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    Quote Originally Posted by dwight55 View Post
    I guess I'm just dumb or something.

    So how do we retire this 35T$ debt we now have???
    We dont, and you're not dumb.
    SGG, Slippy, stevekozak and 3 others like this.
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  8. #7
    SGG
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    Summed up, it's FUBAR

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    $600 per individual? BFD.
    hawgrider likes this.

  10. #9
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    Quote Originally Posted by 65mustang View Post
    $600 per individual? BFD.
    Exactly! That won't even cover my Bourbon expenses since the last chump change of my tax money they sent in May or June when ever it was.
    65mustang, AquaHull and SGG like this.
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  11. #10
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    If you get that $600 I recommend ammo, silver, canned goods, etc...

 

 
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