Bad Wigins wrote:
Where do you expect everyone to spend all this cash if all the businesses are shut down???
Everyone can pay off their mortgages and credit card bills! The banks would all crumble with no interest revenue coming.
Bad Wigins wrote:
Where do you expect everyone to spend all this cash if all the businesses are shut down???
Everyone can pay off their mortgages and credit card bills! The banks would all crumble with no interest revenue coming.
Horrible that this society has come to this. RIP America.
Stupid, mindless over-the-top, easy-way-out actions from gov't reps just throwing money to big business and the masses. Putting the next several generations into an economic cesspool. The damage will way surpass that of this virus issue. Simple small daily extra sanitary behavior on everyone's part now and some reasonable separation is enough to stem the tide until medical intervention can take effect. Shutting down economies was incompetence at best.
Runner10287 wrote:
Bad Wigins wrote:
Where do you expect everyone to spend all this cash if all the businesses are shut down???
Everyone can pay off their mortgages and credit card bills! The banks would all crumble with no interest revenue coming.
You think "everyone" was dumb enough to get buried in debt?
However, the point that the banks would be harmed by this is valid. My point that the shut-down economy can't be saved or even helped by this "stimulus" stands. The part of the economy still running doesn't need a stimulus. This is like the Obama $400 stimulus, but worse - instead of only poor people spending it, nobody will be spending it. Not, at least, on anything they wouldn't have bought anyway.
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