Anybody watch Joe tonight?
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I get the money for people who lost their jobs. Is the theory for the others that they will spend it and jump start the economy?
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I get the money for people who lost their jobs. Is the theory for the others that they will spend it and jump start the economy?
@loki said in Anybody watch Joe tonight?:
I get the money for people who lost their jobs. Is the theory for the others that they will spend it and jump start the economy?
Somewhere I read that most of that money was spent on savings and paying off debt.
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I get the money for people who lost their jobs. Is the theory for the others that they will spend it and jump start the economy?
@loki said in Anybody watch Joe tonight?:
I get the money for people who lost their jobs. Is the theory for the others that they will spend it and jump start the economy?
Me too. I get it for those in trouble. I don't get throwing it out to everyone. There are an awful lot of people who did not lose their jobs and are not hurting. To increase the debt to send them money seems unwise.
But it's not just that. He's going to cut poverty by 1/3. He's going to upgrade infrastructure, increase R&D investment and bring manufacturing back to America and he's going to make companies and the rich pay 'their fair share'.
Like I said, his mouth is writing checks his office can't cash.
“I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill
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@horace said in Anybody watch Joe tonight?:
@89th said in Anybody watch Joe tonight?:
Enjoy!
New iPhones
So it's all going to Horace.
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https://www.cnbc.com/2021/01/14/stock-market-futures-open-to-close-news.html
Stock market falls after Biden proposed $1.9T stimulus.
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Actually I don't think it was the stimulus, but his narrative about how America is not about those living off investments and criticizing those who look to the market to see how we are doing. In other words, the productive.
Good job, Joe. Not even in office and already tanking the market through jitters.
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@loki said in Anybody watch Joe tonight?:
I get the money for people who lost their jobs. Is the theory for the others that they will spend it and jump start the economy?
Me too. I get it for those in trouble. I don't get throwing it out to everyone. There are an awful lot of people who did not lose their jobs and are not hurting. To increase the debt to send them money seems unwise.
But it's not just that. He's going to cut poverty by 1/3. He's going to upgrade infrastructure, increase R&D investment and bring manufacturing back to America and he's going to make companies and the rich pay 'their fair share'.
Like I said, his mouth is writing checks his office can't cash.
@mik said in Anybody watch Joe tonight?:
Like I said, his mouth is writing checks his office can't cash
So, talking like any other politician? 555
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https://www.cnbc.com/2021/01/14/stock-market-futures-open-to-close-news.html
Stock market falls after Biden proposed $1.9T stimulus.
@axtremus said in Anybody watch Joe tonight?:
https://www.cnbc.com/2021/01/14/stock-market-futures-open-to-close-news.html
Stock market falls after Biden proposed $1.9T stimulus.
Oh no! We're back to Tuesday last week.
I kid, Ax. I know there's lots of theorizing going on about how the stimulus affects the market.
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What the heck is going on here, huh?
I already budgeted for $2000 + $600 (Trump) and $1400 + $600 + $2000 (Biden) + $28,000 (AOC estimate).
And now Biden/AOC are going back on their word.
How can they stimulate the economy without giving at least $35,000 to every person?
Thanks, AOC! As long as you all are handing out money we don't have, why not pass out more?If it doesn't matter, it doesn't matter, right? Just keep it $1 beneath where it would wreck the economy, and we'll be fine.
It's called "economics," people!
Get With It. Get With the Program for goddsakes. -
What the heck is going on here, huh?
I already budgeted for $2000 + $600 (Trump) and $1400 + $600 + $2000 (Biden) + $28,000 (AOC estimate).
And now Biden/AOC are going back on their word.
How can they stimulate the economy without giving at least $35,000 to every person?
Thanks, AOC! As long as you all are handing out money we don't have, why not pass out more?If it doesn't matter, it doesn't matter, right? Just keep it $1 beneath where it would wreck the economy, and we'll be fine.
It's called "economics," people!
Get With It. Get With the Program for goddsakes. -
The Biden presidency will be over very shortly if the virus is not defeated. It's much of what he ran on.
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