Opinion: How Many Will Die for the Dow?

[Steeleballz 7,550]

1 hour ago, Dashinka said:

It is not a zero sum game.  Someone has to pay for it, and the Federal Government is not a producer.  If someone needs help, there are already programs out there for that.

 

    We waste a lot of money in a lot of places. We can certainly spend something to make sure people survive a crisis. 

 

   Governments in general should be OK to dip into reserves in times of need. What they really need is to stop forgetting there's a "put back" aspect in times of surplus.

[TBoneTX 45,267]

Perhaps a multibillion-dollar lawsuit is appropriate against that Neil Ferguson clown (and his employer) in England, for publishing that ridiculous prediction of 2.2 million U.S. deaths.  Furthermore, apparently his predictions about many things have been way wrong for years.

[OriZ 3,157]

4 hours ago, Oliversmom said:

My husband I are at home and we are getting NO unemployment.  We don't qualify and we didn't apply.  We haven't had a paycheck in two months.  I still don't have a stimulus check.  My husband got one and we needed it.  Were we desperate for it?  No.  But we needed it and I am definitely for another round of stimulus checks.  I am glad you didn't need yours but some people do.  

I honestly don't know anyone who didn't receive their check about 3 weeks ago at the latest. Also I know many people who are getting more from unemployment than they make. Like, a lot more.

[Voice of Reason 10,298]

3 hours ago, OriZ said:

I honestly don't know anyone who didn't receive their check about 3 weeks ago at the latest. Also I know many people who are getting more from unemployment than they make. Like, a lot more.

#fakenews.  You know me (even if you don't like me anymore), and I received mine three days ago.

And yes, many people are getting more between state unemployment and the federal $600 per week than they earned at their jobs.  No wonder the left is pushing SO HARD to pass stimulus round #2.  I pray to all the gods that it never passes.

[Voice of Reason 10,298]

7 hours ago, 90DayFinancier said:

I know we have many economic phds here who know so much more about this than some of us, but providing income to people out of work is an economic zero thought needed scenario. Almost every dollar received goes right back into the economy which is probably -5%gdp for the year in the best scenario.

 

 

Keep thinking that.  Even if it is wrong.

[Dashinka 24,490]

23 hours ago, 90DayFinancier said:

Yes for Federal disasters there is FEMA. When the rich stepped up to the trough and got their cushy tax breaks last year, they had no problem driving up the deficit. Now people need to eat, need to search for work, need to pay rent due to extraordinary circumstances.

What about the federal welfare programs?

[90DayFinancier 910]

2 hours ago, Dashinka said:

What about the federal welfare programs?

How would that work for a temporary disaster?