STIMULUS PACKAGE UP TO 6 TRILLION DOLLARS !

[Brownslave688]

I would like to see $50 per dog added to the Stimulus bill. I would rather my dog get a few bones than some of these businesses. One being cruise ships. Aren't the majority of them Foreign Flag with foreign crews that pay little or no taxes?

Only one cruise line based in the USA I believe

 

[BrownArmy]

Opinion | This Stimulus Bill Will Not Save the Economy From Collapse

 

[Brownslave688]

Thank you, that clarified it. $4T in made-up money (liquidity) and $2T in debt / expenditures. Hope pensions and social security aren't going to be totally decimated by the following rampant inflation or we'll be working until we are dead. Which, of course, will happen sooner anyway due to the impending economic depression. I almost never agree with Trump but I have consistently believed the cure is going to be worse than the disease. We should have been more targeted in our efforts in protecting those at risk and not damning everyone.

That’s the brilliant part of it man. Inflation isn’t an issue because your average person is never seeing any significant amount of the money. It’s all going to a very small percentage so the money never makes it into the every mans economy.

 

[rod]

Its still cheaper that what Pelosi is trying to ram through.

 

[Brownslave688]

Its still cheaper that what Pelosi is trying to ram through.

They’re both crap and do nothing for the average person is the point.

 

[detmaintainer]

Inflation benefits the debtor. If you owe $200,000 on your house and your wages double due to inflation you work half the hours to pay that $200,000 off. Not so good for someone with capital in something that doesn't keep up with inflation. Like money ratholed in a safe.

 

[rod]

Inflation benefits the debtor. If you owe $200,000 on your house and your wages double due to inflation you work half the hours to pay that $200,000 off. Not so good for someone with capital in something that doesn't keep up with inflation. Like money ratholed in a safe.

But it never hurts to have a few cans of cash buried in the back yard

 

[olroadbeech]

Recessions only happen when you have 2 consecutive quarters with negative growth. Ist quarter guaranteed will be negative. The next one possible but unlikely. source Dave Ramsey.

of course this is just his opinion. everyone has one and one of those other things.

 

[silenze]

Inflation benefits the debtor. If you owe $200,000 on your house and your wages double due to inflation you work half the hours to pay that $200,000 off. Not so good for someone with capital in something that doesn't keep up with inflation. Like money ratholed in a safe.

Except our driver raises are already less then inflation. So any increase will make our spending power go down.

 

[PT Car Washer]

Except our driver raises are already less then inflation. So any increase will make our spending power go down.

I am wondering if things get much worse, if UPS will ask the Union to suspend our raises or ask for a reduction in wages to save our jobs?

 

[BrownArmy]

I am wondering if things get much worse, if UPS will ask the Union to suspend our raises or ask for a reduction in wages to save our jobs?

Depends on how long this lasts...

Plenty of 22.4 ammunition to cycle through before that’s even an issue.

Unless this starts raging through centers, with drivers and preloaders out for weeks, then it’s anybody’s guess

 

[rickyb]

That’s Bernie level spending, baby! Whooooooo! It’s not a dream, @rickyb !

deficit spending?

this is end of empire stuff. americas debt has exploded im guessing since 2000

 

[BrownArmy]

deficit spending?

this is end of empire stuff. americas debt has exploded im guessing since 2000

(It’s not real money...)

 

[Indecisi0n]

But it never hurts to have a few cans of cash buried in the back yard

Let me guess, Maxwell coffee cans?

 

[rickyb]

Recessions only happen when you have 2 consecutive quarters with negative growth. Ist quarter guaranteed will be negative. The next one possible but unlikely. source Dave Ramsey.

of course this is just his opinion. everyone has one and one of those other things.

yea but were over due for a recession.

 

[BrownArmy]

yea but were over due for a recession.

So were you...

 

[Box Ox]

yea but were over due for a recession.

Have you filled the mansion with Hot Pockets just in case?

 

[rod]

Let me guess, Maxwell coffee cans?

2 pound cans

 

[El Correcto]

Why don’t we just get it over with already and give everyone a million dollars since the government can just create wealth?

 

[Babagounj]

2 pound cans

Burying cash is a bad idea.
I buried my gold & silver ingots in plastic coated used ammo cans.