Stimulus & Bailout Watch Thread

[42 Monks]

It is the point. The economy will improve once the pandemic is over. Thats worth more than getting people to go shopping during a plague.

I don't think you're really getting the difference between the two. You can look at other catastrophic events that have occurred locally or at other semi-constant killers of americans - they have an immediate disaster relief response but its not always going to match up with the economic impact proportionately. They require a separate set of planning and the correlation between the two generally isn't something that's going to be tied together strongly because the requirements of each may not always match up.

here, if you have a host of industries that are going to take massive hits like production, travel, hospitality, service, luxury expenditures, and so on - they're not working and they're not spending. money changing hands is how things move, when it stays in one spot or under a mattress, people don't get paid

its already more than safe to say that the financial landscape that people were used to the past 10 years isn't coming back. you're looking at startups and intellectual properties changing hands or being consolidated, property being damn near handed away, supply chain shifts, etc. even after the virus hits the spring and summer heat and goes into a bit of a lull, the economy will still need a hard push from multiple directions to get going again and its going to be a long-term situation to manage.

 

[bnew]

You know what I mean. I’m not about to get into a back and forth about some creative definition you nikkas have for paying taxes.

bro i'm not a mindreader so I do not in fact know what you mean. all i know is you made it clear not everyone should get a check. i only bothered to question your position because i suspect you didn't full comprehend who everyone actually entailed. Like bernie sanders proposal for $2,000 cash given to each household. thats not a good solution at all. a household is made-up of all types of people who are not a single family. you could have household with 2 to 5 roommates sharing $2000. that proposal versus the $1000 for every american adult would simplify everything and make it so that people spend based on their individual needs.

 

[Antwon Mitchell]

I HAVENT LOST MY JOB....

IN WHAT WORLD DOES SOMEONE
WHO DOESNT PAY TAXES DESERVE
IT OVER THE PPL WHO PAY TAXES AND GOT LAID OFF?



​

I didn't say you were fired... I'm saying if you're six figure gang what exactly is a thousand dollars to you? For me that's just chump change for whenever I wanna spoil myself threads like this really expose who's truly living six figure life. I'm done.

 

[42 Monks]

I didn't say you were fired... I'm saying if you're six figure gang what exactly is a thousand dollars to you? For me that's just chump change for whenever I wanna spoil myself threads like this really expose who's truly living six figure life. I'm done.

breh who turns away 1000 dollars and if anything, the people making that kind of money are the ones most desperate to use everything that they can get to NOT going back to being broke

 

[CHICAGO]

I didn't say you were fired... I'm saying if you're six figure gang what exactly is a thousand dollars to you? For me that's just chump change for whenever I wanna spoil myself threads like this really expose who's truly living six figure life. I'm done.

LMAO

YOU DELIBERATELY MISREPRESENTED MY POSTS MULTIPLE TIMES.

I NEVER ONCE IN THIS THREAD
SAID I SHOULD GET 1K.

IVE SAID REPEATEDLY
THAT PPL WHO MAKE 65K AND GOT LAID OFF
DESERVE IT MORE THAN
PPL WHO DONT PAY TAXES.



​

 

[Pressure]

Bernie’s call was for free college tuition for all and universal healthcare. Regardless of income.

Look I’m begrudgingly, very begrudgingly, voting for Biden regardless. What I am saying is letting Trump flank you from the left is a really bad look. His presidency should have been done given his response to this crisis even if the economy were to bounce back before November.

Allowing him to beat you in calling for relief to individuals gives him a lifeline.

He will play the fake populist role again and if the economy is improving and people got a check that he called for first, it makes it harder to beat him.

Dems should have been ahead of him on calling for stimulus for the individuals. It shouldn’t have even a debate as to who was looking out for the people.

But like I said earlier, Dems are afraid of their own shadows.

Let's take a look at what the dems are doing compared to Republicans right now:

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Yesterday:

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Saturday:

Legislative Search Results{%22congress%22:%22all%22,%22source%22:%22legislation%22,%22search%22:%22chamberActionDateCode:\%222020-03-14|116|8000\%22+AND+billIsReserved:\%22N\%22%22}&pageSort=documentNumber:asc&searchResultViewType=expanded&KWICView=false

Friday:

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Please show me what Republicans are actually doing to support your narrative.

 

[DLaren]

Just throw a bag at everybody while the usually tight-pursed Republicans are still in the mood to pass-out money.

By the time everyone is done arguing only straight-white-men who own land will be getting a check.

Now is NOT the time to start getting particular.

 

[FAH1223]

Wow

 

[you're NOT "n!ggas"]

This thread is really showing people's selfishness and that me attitude , y'all negros disgust me and y'all want the man to give you reparations when we can't even be United on this

Breh we've sat and watched brehs knock every policy meant for everyone for how long??? This thread ain't lining up with NOTHING we've seen in a year



I'm not taking a stance til I figure out wtf going on in this bytch

 

[R.E.N. Spells Ren]

If you aren’t laid off, you shouldnt be be getting any money

This is my opinion as well.

Issue the check with tax refunds (if you haven’t been filing income taxes, you don’t deserve a check).

Cut everyone a tax free check. Let those who haven’t had their checks affected by this decline the check if they want. If your income for 2020 (including the tax free check) ends up being less than or equal to your 2019 income, then you keep the check. If you end up making more, you have to pay that check (or the difference in income, whichever is lesser) back when you file taxes in 2021.

So say you made 100k in 2019. You take a 1k tax free check. (Just using these numbers as examples)

If you make 99k or less in 2020...then your total income (including the tax free check) is less than or equal to 100k so you pay taxes on that 99k or less, and do not have to pay back the 1k check.

If you make 99.5k in 2020 then your total income is 100.5k, so you pay taxes on that 99.5k plus you owe 500 more to repay half the tax free check.

If you make 100k or more in 2020 then you pay taxes on what you earned AND you pay back that 1k tax free check.


IMO this would be fair and allow people who need the money to get it quickly.

 

[Robbie3000]

Let's take a look at what the dems are doing compared to Republicans right now:

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Yesterday:

Legislative Search Results{%22congress%22:%22all%22,%22source%22:%22legislation%22,%22search%22:%22chamberActionDateCode:\%222020-03-16|116|10000\%22+AND+billIsReserved:\%22N\%22%22}&pageSort=documentNumber:asc&searchResultViewType=expanded&KWICView=false

Saturday:

Legislative Search Results{%22congress%22:%22all%22,%22source%22:%22legislation%22,%22search%22:%22chamberActionDateCode:\%222020-03-14|116|8000\%22+AND+billIsReserved:\%22N\%22%22}&pageSort=documentNumber:asc&searchResultViewType=expanded&KWICView=false

Friday:

Legislative Search Results{%22congress%22:%22all%22,%22source%22:%22legislation%22,%22search%22:%22chamberActionDateTotal:\%222020-03-13|116|introduced\%22+AND+billIsReserved:\%22N\%22%22}&pageSort=documentNumber:asc&searchResultViewType=expanded&KWICView=false

Please show me what Republicans are actually doing to support your narrative.

I hope you are right. It’s these run of the mill bills that are going to be remembered and not the checks going to people that Trump will take all the credit for.


Anyways I’m done.

 

[Maddmike]

I dont know if this has been said or understood but I'll say it just for the guys that dont understand...this is money that they want you to put back in the economy to keep it functioning...for all my coli brehs dont spend this shyt...wait until the stock market drops to a low and put it in stocks and let it grow. You should see all the birds on my time line talking about they can't wait to purchase a Gucci bag. That's if it does happen

 

[Pressure]

I hope you are right. It’s these run of the mill bills that are going to be remembered and not the checks going to people that Trump will take all the credit for.


Anyways I’m done.

Trump was always going to take credit for whatever happens and he was always going to get credit for whatever happens good or bad because he's the president.

I'm glad we just wasted time arguing that Trump is going to take credit for a bunch of Dem sponsored bills that are helping people.

 

[G.O.A.T Squad Spokesman]

This just proves nikkas ain't ready for reparations...."Light skin nikkas shouldn't get as much as dark skin nikkas because we have a harder time getting jobs"

 

[42 Monks]

I dont know if this has been said or understood but I'll say it just for the guys that dont understand...this is money that they want you to put back in the economy to keep it functioning...for all my coli brehs dont spend this shyt...wait until the stock market drops to a low and put it in stocks and let it grow. You should see all the birds on my time line talking about they can't wait to purchase a Gucci bag. That's if it does happen

Yep.

Wait til the bottom hits, look at how the airline bailout is gonna play out, then make your play.