Is the USA doomed if another stimulus package passes?

Doesn’t matter in Michigan; the state unemployment system is so f-ed up there are those who still have not received the first stimulus incentive. Surely a number of states are in the same quagmire. The governors, their minions and the rest are so busy micromanaging mask wearing and keeping barbershops or gyms closed to justify the media narrative of this s-$it show. We’ll see how this looks when mortgages are not paid, consumer debt is not paid, school loans not paid. I hope these a-hole politicians on both sides can look themselves in the mirror with zero regret. Doubtful. They all suck.

douglas burke wrote:When you have 330 Million People and you narrow it down to the 2 best, with the winner being the absolute best out of 330 Million people, he will be extraordinarily good at what he does in any field

Have you not seen what has happened to our country over the last 3.5 years?

"Doomed" to what?

Oh Please wrote:

Someone told me that these stimulus payments have to be paid back from tax returns in subsequent years, I can only hope its true.

You're wealthy enough to be ineligible for the stimulus, but not smart enough to verify hearsay info before accepting it and blathering about it? Are you a general contractor or something?

The economic impact payments are not to be repaid by the recipients. You (or your buddy who googles things for you) probably got confused because the economic impact payment comes in the form of a tax credit. Do you have all the info you need now? Do you need help looking anything else up?

NeedForSpeed wrote:

Poorer than unemployment leeches. wrote:

https://fivethirtyeight.com/features/many-americans-are-getting-more-money-from-unemployment-than-they-were-from-their-jobs/

thats cause people dont get paid living wages.

People self determine what wage they work for in life. If someone is dissatisfied with how much they are making, they can decide to make more through personal choices.

+100 I hope that peoples' perceptions are shifting and I take the current unrest as evidence that they are. Any system that allows a razor thin veneer of multi-billionaires and familial oligarchy, while demonizing those left in the gutter, is NOT a system I support. Big changes are coming I hope. Universal healthcare, a less aggressive stance toward the world, basic protections from poverty, aggressive taxation on wealth, all of these things are desperately needed in a society that no longer maintains a middle class.

student of economics wrote:

LebronFAM wrote:

why are we incentivizing people not to work?

People like you are the only reason so-called free market capitalism is the prevailing socio-economic system.

There are 600 to 650 billionaires in U.S. For so-called free market capitalism to thrive, the bottom 99.99% must not only compete against each other, bottom 99.99% must also dislike each other. For so-called free market capitalism to thrive, billionaires must never be disliked. In order for so-called free market capitalism to thrive, billionaires must be envied.

New rule: For every negative statement you make regarding poor people, you need to find a dozen awful and disgusting things to say about multi-millionaires and billionaires.

Sure thing Richie Rich. You might want to learn to spell thorough. Also, sure is great to know that all of the wage slaves and gig workers in the US can simply choose to make big money doing something else. Who knew it was so simple?

RichieRich wrote:

People self determine what wage they work for in life. If someone is dissatisfied with how much they are making, they can decide to make more through personal choices.

WhyRegisterHere? wrote:

Sure thing Richie Rich. You might want to learn to spell thorough.

Also, sure is great to know that all of the wage slaves and gig workers in the US can simply choose to make big money doing something else. Who knew it was so simple?

RichieRich wrote:

People self determine what wage they work for in life. If someone is dissatisfied with how much they are making, they can decide to make more through personal choices.

He wasn't saying "thorough", peasant. Through was the word he intended.

LebronFAM wrote:

why are we incentivizing people not to work?

The financial scholars on these boards are amazing. We are SO LUCKY to have people like you around here who definitely understand economics and the role of government.

Just curious, how would Amazon be doing today if there wasn't roads and airports that taxpayers funded to build and maintain?

I’m threw with this thread.

We’re going to experience the worst economic downturn in our lives and people are quibbling over insignificant points.

If you are correct then the US has the most unqualified group of people to run a country. Donald Trump, Hillary Clinton, and Joe Biden will have been our three choices (real choices with the current system) to lead the country over the last two presidential election cycles. If those truly are the three best choices we might as well sink the ship now.

WhyRegisterHere? wrote:

Sure thing Richie Rich. You might want to learn to spell thorough.

Also, sure is great to know that all of the wage slaves and gig workers in the US can simply choose to make big money doing something else. Who knew it was so simple?

RichieRich wrote:

People self determine what wage they work for in life. If someone is dissatisfied with how much they are making, they can decide to make more through personal choices.

There is a difference between a job and a career. I worked plenty of menial jobs when I was young before I found a career (I was RichiePoor long before I was RichieRich). But I made a lot of smart decisions in my personal life while a lot of my contemporaries were making poor life decisions in their own. It takes decades of hard work and eschewing the temptation to do the easy thing to accumulate wealth. I was not given money, I earned it. It has just gotten easier as I have gotten older.

hey look over there --> wrote:

LebronFAM wrote:

why are we incentivizing people not to work?

So people will focus on this, instead of the trillions being given to the rich.

Agreed. People who call themselves conservatives, conservative being associated with subsidizing corporations to rape you is a relatively new phenomenon. Fight for values that are actually conservative and traditional, please.

Are you insane?

RichieRich wrote:

People self determine what wage they work for in life. If someone is dissatisfied with how much they are making, they can decide to make more through personal choices.

Fact check: True

^^ another sucker who is mad at the wrong people wrote:

Oh Please wrote:

Someone told me that these stimulus payments have to be paid back from tax returns in subsequent years, I can only hope its true.

You're wealthy enough to be ineligible for the stimulus, but not smart enough to verify hearsay info before accepting it and blathering about it? Are you a general contractor or something?

You don't have to be wealthy to be ineligible for the stimulus. The cap is only something like $200K joint income / $100K single. I assume the bulk of users here did not receive anything.

douglas burke wrote:When you have 330 Million People and you narrow it down to the 2 best, with the winner being the absolute best out of 330 Million people, he will be extraordinarily good at what he does in any field

9/10. Good deadpan, lots of reponses, and +1 for implying that women can't be the best in their field.

Still a hoax? wrote:

douglas burke wrote:When you have 330 Million People and you narrow it down to the 2 best, with the winner being the absolute best out of 330 Million people, he will be extraordinarily good at what he does in any field

Have you not seen what has happened to our country over the last 3.5 years?

It was going great until a bout 5 Months ago, when the Pandemic Hit.

CountChocula wrote:

douglas burke wrote:When you have 330 Million People and you narrow it down to the 2 best, with the winner being the absolute best out of 330 Million people, he will be extraordinarily good at what he does in any field

9/10. Good deadpan, lots of reponses, and +1 for implying that women can't be the best in their field.

I wasn't implying Women can't be the best in their Field. There are only 2 Candidates left and both are Men, so I said He, If I was talking about who is the best in the WNBA I would have used Her.