Thebrownblob
Well-Known Member
Most likely
The Biden Recession Thread
- Thread starter Wally
- Start date
Jiangshi
Heavily Moderated User, Loves Sailfish
So you are in favor of more government handouts? Socialism?
Households Burn Through What’s Left of Their Pandemic Savings
The combination of high prices and the end of pandemic relief programs is eating into household savings.www.wsj.com
Wally
BrownCafe Innovator & King of Puns
No, less. All those government stimulus handouts helped fuel inflation. Inflation probably ate more or their money than what they received by now.
Sink or swim.
Look for stocks to lose 30% from here, says strategist David Rosenberg. And don't even think about turning bullish until 2024.
'There’s nothing right now in my collection of metrics telling me that we’re anywhere close to a bottom.' He suggests owning bonds, gold and consumer staples.
www.marketwatch.com
Jiangshi
Heavily Moderated User, Loves Sailfish
Well Wally, you seemed to suggest from the article you linked, that people were better off with socialism, direct payments. That’s what the article you linked to said. I’m a WSJ subscriber, so I actually read the whole article, not just the headline.
I’m guessing your solution is to let people fail.
I’m in favor giving as much to individuals as we do to corporations.
The downfall of America
Thebrownblob
Well-Known Member
Free, free, free
It will only cost you everything
It's a different world with my friend
Jiangshi
Heavily Moderated User, Loves Sailfish
Helping people, instead of corporations, makes everyone safer and better off. It would eliminate crime.
What is the problem with an educated, healthy population?
If people need food, feed them. Is this not the Christianity most of you say you believe in?
I pay as much in taxes (as a retired RPCD) as most of you make a year. I don't complain about my taxes. I benefit from the taxes I pay.
Invest wisely, don't be selfish. Help those who need help.
Christianity, right?
What is the problem with an educated, healthy population?
If people need food, feed them. Is this not the Christianity most of you say you believe in?
I pay as much in taxes (as a retired RPCD) as most of you make a year. I don't complain about my taxes. I benefit from the taxes I pay.
Invest wisely, don't be selfish. Help those who need help.
Christianity, right?
People will have the same values when it comes to work as they used to
If you give a man a fish, you feed him for a day.
If you create an environment his company can succeed in you feed him and his family for life.
Thebrownblob
Well-Known Member
That’s silly Van why would the government do that? It’s much better for them to trap people in endless cycle of low expectations, red tape, and poverty, which is what government handouts get you. Just like Nancy Pelosi said she feeds the people.
Jiangshi
Heavily Moderated User, Loves Sailfish
What is a man's top value? Is Elon worth more per hour than a life saving doctor? Than a Chinese balloon scientist?
What's an RPCD worth, including benefits?
Everything has a price. It's what you are getting for that price.
Thebrownblob
Well-Known Member
I don’t know what each of those people are worth, but I do know jealousy and envy, are very unflattering.
Does that NOT apply to your recent surgery and the circumstances surrounding it?
Sir, no one is forcing you to enroll in any government social program that you might be opposed to. No one is forcing you to enroll in the current system by which healthcare providers are paid. That's perfectly fine But, whatever your future healthcare needs might be from checkups to prescriptions to major surgery or long term skilled nursing home.... you will have to find a way to pay for those services yourself.
Thebrownblob
Well-Known Member
Sir they confiscate money out of my check every week
Nope but nice try. Would apply to you wanting to give college grads with good jobs half a trillion in student loan relief.
Are you saying that the free healthcare that you received is something you were entitled to? if so then what standard are you basing it on?
What you claim is being "confiscated" is what is PREPAYING your future healthcare and retirement expenses. As we discussed earlier Ryan tried to get the country off Medicare with his stipend plan but the insurance companies balked by being unwilling to accept the risks involved and the stipend would not cover those risks A few years earlier Bush wanted to get rid of Social Security but the banks wouldn't go along with it and with good reason. People would treat the new savings accounts like any other account with constant withdrawal leaving small balances which would require the banks to charge service account fees that would likely be of a high percentage given the low balances.
And that's why you don't hear a word out of those two today.
The trouble with MAGA's today is that they always seem to have a solution. Unfortunately the problems are not as simple as the solutions they offer.
