WOW!!! $600 whole dollars
Damn!!! I don't know where I should start spending such a large sum of money.
That is a total fucking joke, these scumbag politicians should be ashamed of themselves with the insult to people who need help.
$6,000 would be a start after people lost their life savings, business, etc...
Damn!!! I don't know where I should start spending such a large sum of money.
That is a total fucking joke, these scumbag politicians should be ashamed of themselves with the insult to people who need help.
$6,000 would be a start after people lost their life savings, business, etc...
I don't think $ 600 per person does anything. It's not enough to help those that need help, and it's not like it's enough to encourage others to spend more money. I think it's a superficial politically motivated solution.
The additional unemployment is more money mostly directed at more needy people, a step up from the stimulus but still flawed. Stated simply, the more comfortable you make it for people to not work, the more people that will choose to not work.
What I think is most important is another round low interest long term SBA loans for hard hit industries. They're the ones that need help
Then a similar program for families that have suffered real economic loss as a direct result of the pandemic and the shutdowns. The best part of the SBA loan programs are that it really doesn't add to the debt. It increases the deficit short term, but not the long term debt. If the loans are for 30 years at 3.75% with payments deferred for 1 or 2 years, that's real cash flow
Businesses and families that suffered no economic loss should not receive another economic benefit
Problem is I'm not trying to buy votes, so I can be objective and honest
The additional unemployment is more money mostly directed at more needy people, a step up from the stimulus but still flawed. Stated simply, the more comfortable you make it for people to not work, the more people that will choose to not work.
What I think is most important is another round low interest long term SBA loans for hard hit industries. They're the ones that need help
Then a similar program for families that have suffered real economic loss as a direct result of the pandemic and the shutdowns. The best part of the SBA loan programs are that it really doesn't add to the debt. It increases the deficit short term, but not the long term debt. If the loans are for 30 years at 3.75% with payments deferred for 1 or 2 years, that's real cash flow
Businesses and families that suffered no economic loss should not receive another economic benefit
Problem is I'm not trying to buy votes, so I can be objective and honest
Caught the tail end of report at midnight instinct is we know it'll happen cause the Boys/Girls from Washington want to head home for the holidays. $600 is a stocking stuffer, Merry Christmas
