If You Get A Stimulus Check?

Discussion in 'Coin Chat' started by fretboard, Dec 21, 2020.

  1. serafino

    serafino Well-Known Member

    I don't think the Republicans will go for that, they would love to give nothing if they could.
     
    fretboard likes this.
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  3. Vess1

    Vess1 CT SP VIP

    Well, that's the problem. It's so disorganized that there's not a chance of figuring it out on this large of a scale. There's too many individual situations that also change daily and not enough people paid to figure it out and distribute. The timing wouldn't work even if you tried. People are getting hired and fired every day.
    The only answer is a mass stimulus check in an acceptable amount, that everybody gets whether needed or not. The idea being that maybe some people who don't need it will spend it and stimulate the economy. People who do need it will also spend it right away. A large enough stimulus payment would be the equivalent of many weeks of unemployment up front for those unemployed.
    But as we're witnessing, the congress in its current form isn't capable of passing something even this simple in a nine month period.

    Wasn't there an old saying about having too many cooks in the kitchen? lol Kinda what's going on. They've added so many ingredients to the stew that it's no longer palatable and can't be served. Now the mess is sitting in the pot and they've turned off the stove. The "head chef" went home.
     
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  4. David Betts

    David Betts Elle Mae Clampett cruising with Dad

    Maybe go to senate stock watch. com and see what all these crooks are buying and selling without getting thrown in jail which you and I would! Dems and Rebs. Broke my motto politics/religion but its unreal
     
    serafino, masterswimmer and -jeffB like this.
  5. baseball21

    baseball21 Well-Known Member

    Not remotely true at all
     
  6. serafino

    serafino Well-Known Member

    The sad thing is most of these senators of both parties are mult-millionaires and $600. to them is pocket change, it's what they spend for lunch ;)
     
    David Betts likes this.
  7. David Betts

    David Betts Elle Mae Clampett cruising with Dad

    Try Senators board seats to say WTF? No wonders Pelosi said $1200 is crumbs allot of needy people could use those crumbs , not me but millions! New better than responding to politics/religion! I'm done!
     
  8. David Betts

    David Betts Elle Mae Clampett cruising with Dad

    added a 3 martini lunch deduction to tax plan/ to help small business
     
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  9. gmarguli

    gmarguli Slightly Evil™

    The Congress prevents the Treasury from just printing more money. However, physical paper money is meaningless. Fed policy is more important with money supply. Congress also has significant control over this.

    The $900B number is meaningless. Much of that is money that would be spent anyway. We're currently looking at $130B in stimulus checks for Americans. That's about 0.64% of GDP. Factor in similar spending rates of the prior stimulus and you've got 0.25% GDP spending with much of that being spending that would already happen without the stimulus.
     
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  10. baseball21

    baseball21 Well-Known Member

    Exactly. While many disapprove of the wasteful foreign spending in the covid bill and its a bad look attaching pork to something so important, the reality is if it doesn't happen in that bill it will very likely happen in another one
     
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  11. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    If one cent of the stimulus bill includes foreign aid, corporate pork belly funds or one cent to illegal aliens, then they should approve zero. $600 or $1,200 or $2,000 is BS with billions being given to the above three classes. Every single cent of the stimulus should be given to the needy AMERICAN citizens who are suffering through no fault of their own.
     
    NLL, serafino, frankjg and 2 others like this.
  12. Conder101

    Conder101 Numismatist

    The disturbing thing is most of them, when they were first elected to office, they WEREN'T.
     
    BJBII likes this.
  13. atcarroll

    atcarroll Well-Known Member

    If i post something political i get reported and my post vanishes, but this is allowed. No politics must just mean no politics unless it agrees with the Left.
     
    jwitten, baseball21 and frankjg like this.
  14. Jeffjay

    Jeffjay Well-Known Member

    I guess that's why I've gotten warnings for criticizing the president then?
     
    serafino likes this.
  15. Vess1

    Vess1 CT SP VIP

    Sorry baseball but it's absolutely true. The dems have been all for giving a $2k stimulus for months and some of the republicans don't want to send stimulus at all. It's been that way all year. $600 was the compromise. Trump broke with the party and is demanding $2k stimulus now and they're still resisting him. So he went back to Florida and there's no bill. That's where it stands this morning.
     
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  16. Rayrayford2

    Rayrayford2 Active Member

    I'm going to Dinnyland
     
    CoinCorgi likes this.
  17. Derek2200

    Derek2200 Well-Known Member

  18. frankjg

    frankjg Well-Known Member

    Enjoy spending my money. If none of you are going to use it for something worthwhile, I’ll gladly have it back.
     
    Histman likes this.
  19. baseball21

    baseball21 Well-Known Member

    You must be new to these types of threads lol. It's no secret. The most politically charged posts I have ever seen on this site have consistently been from a moderator on numerous occasions and not only are they not banned but they're still a moderator.
     
    atcarroll likes this.
  20. baseball21

    baseball21 Well-Known Member

    No it's not true at all. The issue has been all the garbage pork attached to it like 10 million for gender programs in Pakistan, payments to illegals and all the foreign aid not payments to citizens. I won't and can't get into any future or respond anymore than that because I am not going to give Jim the Christmas present of having the excuse to ban me
     
    Joe2007, masterswimmer and Histman like this.
  21. Vess1

    Vess1 CT SP VIP

    Lol! I'm well aware of all the pork. That's the norm. Essentially, they went ahead and attempted to pass their normal annual budget with all of the regular foreign aid garbage and pork, intact, at the expense of a lesser (aka $900 billion) stimulus bill they've attached to it. They like to do this to use both as leverage for the other, but it ended up shining more light on the normal budget bill that under normal circumstances, nobody would be paying any attention to.
     
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