Trillion Dollar Stimulus Is Going to Cost Americans.

Discussion in 'Current Events' started by olroadbeech, Mar 18, 2020.

  1. olroadbeech

    olroadbeech Happy Verified UPSer

    I don't get this. The US government is not gifting us a trillion dollars. The taxpayers are paying for this.

    They are saying each adult will receive $1000. How many adults in America?

    This sounds like a loan with a high interest rate and we are gonna lose big time in the long run.

    I'll have to run some numbers. there are about 210 million adults in US. The stimulus package is 1 trillion.

    that is about $4700 and change for each adult to pay back. however not each adult is a taxpayer.
     
    Last edited: Mar 18, 2020
  2. DriveInDriveOut

    DriveInDriveOut Proud Deplorable

    They need to end these shutdowns and quarantines if they want to do something to help people.
     
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  3. 1000 strippers could get a crispy greenback from me.
    Let's get the economy going again
     
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  4. Poop Head

    Poop Head Lovin' every minute of it!

    Y'all are crazy. It's free money! My best advice is take it, and use it for a down payment on another boat!
     
  5. Brownsocks

    Brownsocks Just a dog

    Most of us make over the 75,000 limit. We wont see anything.
     
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  6. Poop Head

    Poop Head Lovin' every minute of it!

    We'll see our taxes go up
     
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  7. rod

    rod #1 on Upstates "list"

    Once again it pays to be poorer.
     
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  8. Brownsocks

    Brownsocks Just a dog

    Truest words ever typed.
     
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  9. olroadbeech

    olroadbeech Happy Verified UPSer

    there are only 122 million taxpayers. divided into a trillion that is $8196 pay back for each adult.

    if brown socks is correct the payback will probably be $10,000 or more per adult.
     
  10. rod

    rod #1 on Upstates "list"

    I don't think each adult will be getting a grand. I don't believe retired people get squat.
     
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  11. His wife posted that.
     
  12. Brownsocks

    Brownsocks Just a dog

    Eic, child tax credit and Coronavirus payment boosts minimum wage people to our income levels.
    Senate Republicans eye $75K income threshold for coronavirus checks | TheHill
     
  13. rod

    rod #1 on Upstates "list"

    Is that 75k per person or family
     
  14. Brownsocks

    Brownsocks Just a dog

    I think it is 75k individual, 150k family
     
  15. olroadbeech

    olroadbeech Happy Verified UPSer

    some kind of carni shell game. is my math close? this is based on the total trillion dollar package. The $1000 part is "only" 210B based on 210 million adults .

    but we taxpayers will have to pay for the whole trillion dollar package. is this why they dropped rates to zero?

    The inflation would go thru the roof printing this much money at one time.
     
  16. It will be fine

    It will be fine Well-Known Member

    Do these adults not purchase anything in your fantasyland? Everyone pays some taxes. It’s basically free to borrow money right now. No reason not to.
     
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  17. rod

    rod #1 on Upstates "list"

    Hey-I just remembered I'm 1% African (Congo) according to Ancestry.com. --- Gimme my money (and a free cell phone).
     
  18. DriveInDriveOut

    DriveInDriveOut Proud Deplorable

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  19. Brownsocks

    Brownsocks Just a dog

    "Everyone pays some taxes" :lol:
    Sheep will be sheep.
     
  20. bottomups

    bottomups Bad Moon Risen'

    Glad I took all those dead days last year. Keeps me under the threshold. Show me the money!