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180565
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Nov 26, 2024 21:57:43 GMT -8
User 180565 is taking donation
I forgot you were a person
10,446
June 2012
keenk
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Post by User 180565 is taking donation on May 3, 2021 21:45:52 GMT -8
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Artemis
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August 2004
lray2
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Post by Artemis on May 4, 2021 0:23:14 GMT -8
You could argue that the economic impacts of the pandemic will be felt long after it's over. People who lost jobs may not be immediately able to find comparable new ones, people who lost homes will have to start over, people who picked up a lot of extra debt will have to spend that much more time paying it down or fighting off accruing interest, people who lost businesses will also be in a lot of trouble, etc. The small amount we got from the government won't be enough to help a lot of people who lost their income but whose bills kept coming. A lot of the holes that got dug will take years to fill back in.
I don't think we'll ever see something like this, as nice as it would be. But it looks like this petition was started over a year ago. Right now it's too late for it to affect anything though, I think, since I don't think we'll see another direct-check stimulus.
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Passionate Peruser of Prose
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Apr 5, 2024 12:09:43 GMT -8
π Dianne π
"Never Judge A Book By Its Movie"
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September 2006
cats57
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Post by π Dianne π on May 4, 2021 4:57:37 GMT -8
Sounds lovely - for some people. But who will actually pay/be punished for something like this? As usual, it will be the middle and upper-middle class as well as some of those who are in the top - what-15%?
This also sounds as if it came about early in the pandemic when mostly everything was closed.
Over here we got job openings galore, but nobody wants them since they are still getting unemployment and the bonus payment.
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Nov 26, 2024 21:57:43 GMT -8
User 180565 is taking donation
I forgot you were a person
10,446
June 2012
keenk
Pink Stars
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Post by User 180565 is taking donation on May 4, 2021 5:11:40 GMT -8
Sounds lovely - for some people. ButΒ who will actually pay/be punished for something like this? As usual, it will be the middle and upper-middle class as well as some of those who are in the top - what-15%? This also sounds as if it came about early in the pandemic when mostly everything was closed. Over here we got job openings galore, but nobody wants them since they are still getting unemployment and the bonus payment. Probably the usual who make up to $75,000 a month (or is it yearly?) Either way if I made that much anyway I wouldn't really care.
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Post by Retread on May 4, 2021 6:41:25 GMT -8
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HA HA HA HA!
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Nov 19, 2012 14:50:09 GMT -8
Inkjet
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Post by Inkjet on May 4, 2021 8:03:36 GMT -8
These idiots think money grows on trees without consequence.
The $1.9 trillion dollar covid βreliefβ bill that passed under Trump already cost all us tax paying citizens some where around $40k in taxes each, if I remember correctly. I can only imagine how much more Biden has tacked into that bill since coming into office and passing more bloated βreliefβ packages.
Iβm not sure if these people understand that that money isnβt free. Sure, it sounds nice, but weβre all paying for it on the back end.
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Artemis
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lray2
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Post by Artemis on May 4, 2021 15:10:27 GMT -8
These idiots think money grows on trees without consequence. The $1.9 trillion dollar covid βreliefβ bill that passed under Trump already cost all us tax paying citizens some where around $40k in taxes each, if I remember correctly. I can only imagine how much more Biden has tacked into that bill since coming into office and passing more bloated βreliefβ packages. Iβm not sure if these people understand that that money isnβt free. Sure, it sounds nice, but weβre all paying for it on the back end. I don't think it's so much that people think "hurr free money," more that this has been an international crisis, and that if the government is forcing people to close businesses and drastically change their way of life for over a year, more support would be nice. The response to this, at least here, has been a disaster in a number of ways. And while asking how we'll pay for it isn't an invalid concern, this is a rare event where maybe the richest country on earth could probably figure something out. Certainly many other countries in the world seemed to. There have also been many suggestions as to how to deal with our deficit/debt and pay for programs that are desperately necessary (like infrastructure), but most of those have been shot down because the thought of increasing any taxes ever-so-slightly on people who own seven private jets is sacrilegious, but that's another topic lmao. tl;dr we could pay for it if we really wanted to, and I think a global pandemic is one of those times where adding to the debt would be forgivable.
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HA HA HA HA!
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Post by Inkjet on May 4, 2021 17:01:50 GMT -8
These idiots think money grows on trees without consequence. The $1.9 trillion dollar covid βreliefβ bill that passed under Trump already cost all us tax paying citizens some where around $40k in taxes each, if I remember correctly. I can only imagine how much more Biden has tacked into that bill since coming into office and passing more bloated βreliefβ packages. Iβm not sure if these people understand that that money isnβt free. Sure, it sounds nice, but weβre all paying for it on the back end. I don't think it's so much that people think "hurr free money," more that this has been an international crisis, and that if the government is forcing people to close businesses and drastically change their way of life for over a year, more support would be nice. The response to this, at least here, has been a disaster in a number of ways. And while asking how we'll pay for it isn't an invalid concern, this is a rare event where maybe the richest country on earth could probably figure something out. Certainly many other countries in the world seemed to. There have also been many suggestions as to how to deal with our deficit/debt and pay for programs that are desperately necessary (like infrastructure), but most of those have been shot down because the thought of increasing any taxes ever-so-slightly on people who own seven private jets is sacrilegious, but that's another topic lmao. tl;dr we could pay for it if we really wanted to, and I think a global pandemic is one of those times where adding to the debt would be forgivable. So how long do you keep handing free money without a care in the world then? There are many businesses both big and small hiring right now. But if you were making roughly $17/hr on unemployment (here in CA at least, currently), why would you want to work for $15/hr if you could sit home and keep getting βfreeβ money? Iβm all for helping people through these tougher times - I know, my industry literally vanished in less than 2 weeks time. But we literally can not keep giving out free money without consequences. Letβs not be naive and admit that no matter what Bidenβs plan is, us middle and lower class folks will end up paying for this free money that people keep wanting. We have all already paid roughly $40,000 for the bits and pieces of money weβve been given so far. How much more do you want to continue to pay for crumbs?
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Post by Artemis on May 4, 2021 17:23:18 GMT -8
I don't think it's so much that people think "hurr free money," more that this has been an international crisis, and that if the government is forcing people to close businesses and drastically change their way of life for over a year, more support would be nice. The response to this, at least here, has been a disaster in a number of ways. And while asking how we'll pay for it isn't an invalid concern, this is a rare event where maybe the richest country on earth could probably figure something out. Certainly many other countries in the world seemed to. There have also been many suggestions as to how to deal with our deficit/debt and pay for programs that are desperately necessary (like infrastructure), but most of those have been shot down because the thought of increasing any taxes ever-so-slightly on people who own seven private jets is sacrilegious, but that's another topic lmao. tl;dr we could pay for it if we really wanted to, and I think a global pandemic is one of those times where adding to the debt would be forgivable. So how long do you keep handing free money without a care in the world then? There are many businesses both big and small hiring right now. But if you were making roughly $17/hr on unemployment (here in CA at least, currently), why would you want to work for $15/hr if you could sit home and keep getting βfreeβ money? Iβm all for helping people through these tougher times - I know, my industry literally vanished in less than 2 weeks time. But we literally can not keep giving out free money without consequences. Letβs not be naive and admit that no matter what Bidenβs plan is, us middle and lower class folks will end up paying for this free money that people keep wanting. We have all already paid roughly $40,000 for the bits and pieces of money weβve been given so far. How much more do you want to continue to pay for crumbs? That's definitely not a loaded question at all. The answer would be complicated, but we might have some fundamental differences in how we perceive this in the first place. As in, I think more assistance to American families is a worthwhile investment in the economy and the survival of individuals, even if it increases our debt in the short term, but to someone else, the debt could take priority. I don't see this as throwing away money without a care in the world, but if you do, then the rest of the details don't matter lol. I already mentioned, though, that there have been several proposals about how to pay for things like this and more, including ways that wouldn't necessitate a single dime more from your typical middle-class-or-below family. I think the government has an obligation to its citizens, and if we can't ask it for help during a global pandemic, when can we? And let's stop calling this "free money"; anyone seriously invested in this conversation understands things have to be paid for. This isn't an argument of ignorance, but of priority.
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180565
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Nov 26, 2024 21:57:43 GMT -8
User 180565 is taking donation
I forgot you were a person
10,446
June 2012
keenk
Pink Stars
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Post by User 180565 is taking donation on May 4, 2021 18:26:23 GMT -8
So how long do you keep handing free money without a care in the world then? There are many businesses both big and small hiring right now. But if you were making roughly $17/hr on unemployment (here in CA at least, currently), why would you want to work for $15/hr if you could sit home and keep getting βfreeβ money? Iβm all for helping people through these tougher times - I know, my industry literally vanished in less than 2 weeks time. But we literally can not keep giving out free money without consequences. Letβs not be naive and admit that no matter what Bidenβs plan is, us middle and lower class folks will end up paying for this free money that people keep wanting. We have all already paid roughly $40,000 for the bits and pieces of money weβve been given so far. How much more do you want to continue to pay for crumbs? That's definitely not a loaded question at all. The answer would be complicated, but we might have some fundamental differences in how we perceive this in the first place. As in, I think more assistance to American families is a worthwhile investment in the economy and the survival of individuals, even if it increases our debt in the short term, but to someone else, the debt could take priority. I don't see this as throwing away money without a care in the world, but if you do, then the rest of the details don't matter lol. I already mentioned, though, that there have been several proposals about how to pay for things like this and more, including ways that wouldn't necessitate a single dime more from your typical middle-class-or-below family. I think the government has an obligation to its citizens, and if we can't ask it for help during a global pandemic, when can we? And let's stop calling this "free money"; anyone seriously invested in this conversation understands things have to be paid for. This isn't an argument of ignorance, but of priority. Yeah it really is getting annoying hearing free money from a government system that is at least trying to take care of it's citizens when other countries don't even know what a stimulus is and struggling to even have a gallon of milk in their fridge. If you have a steady income a cozy home and feel safe then giving others shouldn't be a huge deal to you. Tax rates may go up but if it helps a struggling family that should matter to you more then you being able to afford a new ps5 system or whatever expensive product you want to buy. Guess the printing presses will just need to go in high gear if this does happen.
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Tribbial Pursuit.
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January 2018
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Post by Retread on May 4, 2021 19:43:22 GMT -8
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Apr 26, 2024 23:51:41 GMT -8
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Post by Retread on May 4, 2021 19:44:43 GMT -8
Guess the printing presses will just need to go in high gear if this does happen. Yeah, brilliant. Print more money and make the value of each dollar worth less. Does the term "Runaway Inflation" mean anything to you? I didn't think so. A seemingly simple 'solution' like this make the 'cure' far more damaging than the illness it was intended to address.
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180565
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Nov 26, 2024 21:57:43 GMT -8
User 180565 is taking donation
I forgot you were a person
10,446
June 2012
keenk
Pink Stars
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Post by User 180565 is taking donation on May 4, 2021 20:21:52 GMT -8
Guess the printing presses will just need to go in high gear if this does happen. Yeah, brilliant. Print more money and make the value of each dollar worth less. Does the term "Runaway Inflation" mean anything to you? I didn't think so. A seemingly simple 'solution' like this make the 'cure' far more damaging than the illness it was intended to address. Obviously things will increase in price, tax's will go up but I have doubts people making $75k will still really struggle as much as person that may bring home less then 20k.
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Passionate Peruser of Prose
89748
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Apr 5, 2024 12:09:43 GMT -8
π Dianne π
"Never Judge A Book By Its Movie"
10,522
September 2006
cats57
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Post by π Dianne π on May 5, 2021 3:27:08 GMT -8
These idiots think money grows on trees without consequence. The $1.9 trillion dollar covid βreliefβ bill that passed under Trump already cost all us tax paying citizens some where around $40k in taxes each, if I remember correctly. I can only imagine how much more Biden has tacked into that bill since coming into office and passing more bloated βreliefβ packages. Iβm not sure if these people understand that that money isnβt free. Sure, it sounds nice, but weβre all paying for it on the back end. I don't think it's so much that people think "hurr free money," more that this has been an international crisis, and that if the government is forcing people to close businesses and drastically change their way of life for over a year, more support would be nice. The response to this, at least here, has been a disaster in a number of ways. And while asking how we'll pay for it isn't an invalid concern, this is a rare event where maybe the richest country on earth could probably figure something out. Certainly many other countries in the world seemed to. There have also been many suggestions as to how to deal with our deficit/debt and pay for programs that are desperately necessary (like infrastructure), but most of those have been shot down because the thought of increasing any taxes ever-so-slightly on people who own seven private jets is sacrilegious, but that's another topic lmao. tl;dr we could pay for it if we really wanted to, and I think a global pandemic is one of those times where adding to the debt would be forgivable. Excuse me and I agree that there is a time and place for this, but you already brought it up! There is already conversations about a nearly 50% tax on the so-called rich. If EVERYONE (and I DO mean everyone) was taxed fairly with no way out of it, we could probably pay of the debt and get this country running at a flat tax of about 15% per person. Why should the rich be punished? Just because they have found a way to make money?
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Passionate Peruser of Prose
89748
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Apr 5, 2024 12:09:43 GMT -8
π Dianne π
"Never Judge A Book By Its Movie"
10,522
September 2006
cats57
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Post by π Dianne π on May 5, 2021 3:33:57 GMT -8
Yeah, brilliant. Print more money and make the value of each dollar worth less. Does the term "Runaway Inflation" mean anything to you? I didn't think so. A seemingly simple 'solution' like this make the 'cure' far more damaging than the illness it was intended to address. Obviously things will increase in price, tax's will go up but I have doubts people making $75k will still really struggle as much as person that may bring home less then 20k. You actually believe this? You must live in a different, much less expensive part of the country than I do. Yes, I have a home and food in my belly but we work hard for it and I do believe that what you are talking about should be considered "free money". It is also being spoken about relieving some people of college debt, forgiving rental debt etc. Who the heck is going to pay for the privilege of all this "free" stuff??? Putting more taxes on the middle/upper/upper middle/high class...well IMO, is just bigoted. Punishing 19% (upper class as of 2018) of the country-most who work extremely hard for their money?
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