ppp is different since it’s not welfare. It’s ensuring jobs stay around. My company took PPP as a precaution and didn’t have to pay it back since we distributed it as bonuses
You know, I'm thrilled that your company participated in a government program in which it received money, distributed it to workers, and the result was more jobs and stability in the workforce, economy, and society. It seems like the government spent money on you and the country (presumably) benefited from downstream effects.
Just don't pretend this is any different from welfare.
If PPP were not done, the money would have gone to workers through unemployment benefits. Having had to deal with a layoff for a month, dealing with UI was not easy and those system were not designed for what was asked.
It was not perfect. There were people who got them who probably did not need them. Some took them out because they had no idea what was going to happen or how long it was going to go on for.
Even with my libertarian, small government streak, such a national emergency is just what a federal government with its ability to borrow money can and should do. States cannot do it as many cannot run deficits.
Sounds to me like we have a revenue problem. Let's eliminate all of the Trump, Bush, & GOP tax cuts that exploded the deficit.
Also, we should cut spending to match the revenue per state. No more rural welfare states living off of the hard work of urban states.
That would not make as much difference as you think.
I'm not a person who really cares much about the national debt, so my proposal is mainly counter virtue-signaling.
We need to make some structural changes so that we are not running deficits during economic booms, but those changes are currently politically impossible. As long as Republicans insist on new tax cuts every time they get into power, we're never going to fix our financial imbalance. The debt/deficit is a lot like immigration, the GOP currently believes the problem is too politically useful to bother fixing it.
Let's have a bipartisan balanced budget movement: Republicans, let's cut military spending, Democrats, let's cut welfare. Meet in the middle and get it done.
Both parties are equally to blame for the runaway deficit. It takes alot of balls for one party to throw the blame on the other. There will be no hard ceiling on the debt, the band will play on until the Titanic goes under.
Both parties are equally to blame for the runaway deficit. It takes alot of balls for one party to throw the blame on the other. There will be no hard ceiling on the debt, the band will play on until the Titanic goes under.
Which ever party raised our national debt by 25% (the largest increase EVER) in four years deserves a greatest blame. Guess which party that was? Guess who increased the national debt MORE than any other president? Did you think his party deserves more blame?
There is only one president in recent history that actually reduced the national over a budget year. Lets give that guy his due praise. Guess which party he was from?
The Republicans threatening not to raise the debt ceiling are committing the largest FRAUD against the American people. They are NOT concerned about the national debt. The reason the national debt ceiling needs to be raised is to pay for all the bills that THEY made during Trump's era when they severely cut revenue by huge tax breaks mostly to the rich.
Ironically they still are trying to cut revenue (which would add to the national debt) by cutting the IRS ability to collect from tax cheats.
What kind of people, just would refuse to pay the bills that they made? Our country pays its bills. We are not a deadbeat country (although some want us to be).
One more thing, although the Republicans are hypocritical (and have been the worst offenders) about the debt ceiling, both parties are guilty of over spending and not managing the budget well. Government programs are wasteful. It's too easy to give government money away. So many well intentioned programs are abused in implementation.
