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Trump wants to send Americans $1,000 checks to cushion virus economic shock

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Cool! Now EVERY American can own a gun! Yee Haa!

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public finances Trump is happy to 'promise'. but when is he going to pay back those debts he owes to the common man now that he can afford to?

the 'American Dream' that is Trump. Get rich off the poor, make the poor poorer. how the <deleted> did you guys vote for him?

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4 minutes ago, englishoak said:

 

I expect easily 50% will use it to help them now for necessities and food, bills etc just to get by not iphones.... people will need far more than $1000 by the time this is over. 

 

That's how it is supposed to work. Any money given away will only touch the hands of those it is given to for a very short time. 

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6 minutes ago, lannarebirth said:

To stimulate demand. There's no demand if everyone's broke, can't pay their bills, let alone anything else. Much easier and cheaper to administer if given to everbody and removes stigma of having received it. I like programs that are universal and don't pick perceived winners and losers.

Even if they're less effective and millions of people go under? Do you understand that the bottom 50% of Americans have virtually no savings? That they live paycheck to paycheck? That unless they are covered by Obamacare through Medicaid, they are not going to be able to afford health care?

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4 minutes ago, PatOngo said:

Cool! Now EVERY American can own a gun! Yee Haa!

 

To be a properly kitted out AR 15 with all the bells and whistles would be hard to find for that let alone a military surplus sized box of ammo to go with it.

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7 minutes ago, Cryingdick said:

 

It is stimulus. What will happen if you give $1,000 away is it will just find it's rightful owner. Should help with iPhone sales...

Anheuser-Bush, Coors etc will have to crank up their output in a hurry.

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4 minutes ago, jastheace said:

public finances Trump is happy to 'promise'. but when is he going to pay back those debts he owes to the common man now that he can afford to?

the 'American Dream' that is Trump. Get rich off the poor, make the poor poorer. how the <deleted> did you guys vote for him?

Why wouldn't you give the public back some of the public finances when they have an emergency?

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7 minutes ago, englishoak said:

 

I expect easily 50% will use it to help them now for necessities and food, bills etc just to get by not iphones.... people will need far more than $1000 by the time this is over. 

 

Have you ever seen the phones people making minimum wage have? My friend who is always almost about to be thrown out on the street will probably go buy weed.

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20 minutes ago, Cryingdick said:

I'll take a thousand bucks as long as taxes don't go up. I live in the USA so don't really care if the Dollar takes a nose dive. My Husband has a large investment in Sterling so all the better actually. 

 

$1,000 should pay the toilet paper and canned good bills.

Essentially it becomes a loan against future tax increases...there is no free ride. Now if they say "we are cutting programs X,Y,and Z to finance it" Ok...but as it stands either you will pay it back with interest in a future tax bill - or- it will add to deficit and and you will pay it back with extended low rates on savings.

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Hopefully they limit this to Americans living in the USA. If it is to provide stimulus to the USA economy doesn't make sense to give it to expats.

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