dora_da_destroyer
Master Baker
Taxing the ppl like me who ain’t getting shyt yet pay for everything
Stimulus & Bailout Watch Thread
- Thread starter wire28
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It’s the American way, boo.
dora_da_destroyer
Master Baker
Get a fukking job. You been whining about unemployment for like 10 months now.So, how do the unemployed crawl out of their debt, unless they’re going to continue extending unemployment until they’re whole. If that’s the plan, cool.
Say that, then.
Deficit spending essentially. Treasury will issue out IOUs to fund additional expenses. Same thing is going to be done with this $1.9T stimulus plan. Treasury will issue out IOUs which the Federal Reserve will buy with newly printed money. The Treasury will turn that money over to Congress which will then spend on various programs.
Check out this doc if you have time (30 mins total). Pretty good explanation of how the whole Economic machine works. Start at 22:10 min for explanation of the Central government’s economic roles and the relationship between the Fed and the Treasury/Central Government.
EDIT: Video link
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The same way “we” pay for the billions in corporate bailouts to wall st and the airlines and billions that go to places like Israel where their citizens get free healthcare and free higher education along with a number of other free social programs. Everytime you hear about the govt spending a dollar it’s money “we” contributed because the govt doesn’t make money. So there’s no need worrying about where the money is coming from now that it’s going to regular people, you’ve never worried about it before.
Where’s the money coming from? You. You’re gonna work longer and harder and eventually pay higher taxes too.
No? The bonus that was meant to subsidize the considerable loss of income millions suffered after the shutdowns ended on August 1st, 2020. Since then, millions have succumbed to massive debt, many of them living off of credit cards. Those people must be made whole or the stimulus is meaningless.
What country do you think you live in? You think those people care they caused millions to go into debt?
Not that I’ve seen. Still sets to expire the end of this month. I hope they keep interest rates at zero at least.
people still doing this nonsense?
who are these people?
Red Shield
Global Domination
Happy late founders day
levitate
I love you, you know.
Shift right, baes...
levitate
I love you, you know.
If we’re being honest, @dora_da_destroyer been slowly shifting to libertarianism over the past 10 years.
Her and @DEAD7 the next SOHH power couple???
Her and @DEAD7 the next SOHH power couple???
dora_da_destroyer
Master Baker
Lol, how? Don’t cape for a dude who made threads about blowing his UI on garbage when it was coming in now whining about needing moreIf we’re being honest, @dora_da_destroyer been slowly shifting to libertarianism over the past 10 years.
Her and @DEAD7 the next SOHH power couple???
Womb Raider
movin' thru the city streets
