Extra Tax Checks this year?
snitches get stitches
Joined: May 2002
Posts: 49,696
Likes: 1
From: Portland, OR
$600 to even 3K wont help prevent people from suffering. I dunno about you, but $600 doesn't go far in this world. It covers rent for 1 month, and I'm renting just a room. If I was supporting 2 kid on my own, $1200 wouldn't even cover a month's worth of a mortgage where I live, and pray tell, how would $1200 in June help anything if I had a family to support?
This money isn't really to help us. It's to bribe us into thinking our government is trying to react.
This money isn't really to help us. It's to bribe us into thinking our government is trying to react.
Are you just trying to find a reason to hate this? I mean, your logic seems to be bouncing around to whatever issue you think makes this a bad plan, but for the most part you're just wrong :dunno:
I
Joined: Jan 2001
Posts: 56,525
Likes: 0
From: Westside til I die
You're looking at this all wrong. It's not supposed to help families, it's supposed to help the economy.
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CHRISTMASTIME IN IRAQ
Joined: Apr 2003
Posts: 12,413
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From: Bay Area
The reason I "hate" this is because the money doesn't actually exist, and in the long term sense of what's best for the market, borrowing/printing 150 billion dollars is not smart. It doesn't actually help the average person, it devalues our current currency in the world market, we are not poised to take advantage of the potential devalued dollar... the actual benefit does not really exist.
For the record: If we actually had the cash in hand, and could do it without borrowing or printing the money, I'd be totally for it, but as it stands, we don't even know where the money is coming from.
For the record: If we actually had the cash in hand, and could do it without borrowing or printing the money, I'd be totally for it, but as it stands, we don't even know where the money is coming from.
CHRISTMASTIME IN IRAQ
Joined: Apr 2003
Posts: 12,413
Likes: 0
From: Bay Area
I'm convinced it's a poor short term fix that does not cover it's own costs in the long term. Also, I also stated why it's a poor macroeconomic decision first, then RB brought up the 10's of thousands of suffering people, so that's why I started that retort. In the end it's poor economics IMO.
Last edited by Epoch; Jan 24, 2008 at 01:33 PM.
h:
I
Joined: Jan 2001
Posts: 56,525
Likes: 0
From: Westside til I die
rich is mad ballah
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snitches get stitches
Joined: May 2002
Posts: 49,696
Likes: 1
From: Portland, OR
The reason I "hate" this is because the money doesn't actually exist, and in the long term sense of what's best for the market, borrowing/printing 150 billion dollars is not smart. It doesn't actually help the average person, it devalues our current currency in the world market, we are not poised to take advantage of the potential devalued dollar... the actual benefit does not really exist.
For the record: If we actually had the cash in hand, and could do it without borrowing or printing the money, I'd be totally for it, but as it stands, we don't even know where the money is coming from.
For the record: If we actually had the cash in hand, and could do it without borrowing or printing the money, I'd be totally for it, but as it stands, we don't even know where the money is coming from.
Borrowing $150B is far more smart than doing nothing at all.
snitches get stitches
Joined: May 2002
Posts: 49,696
Likes: 1
From: Portland, OR
I'm convinced it's a poor short term fix that does not cover it's own costs in the long term. Also, I also stated why it's a poor macroeconomic decision first, then RB brought up the 10's of thousands of suffering people, so that's why I started that retort. In the end it's poor economics IMO.