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Kwek00 · 41-45, M
A potplant, as long as it got sprouted on American soil, would do better.
And a potplant, is way less sharp then a cactus. Just saying. 🤷♂
And a potplant, is way less sharp then a cactus. Just saying. 🤷♂
Kwek00 · 41-45, M
@joe438 I'm sorry Joe, but history will proof you wrong on this one. I think future historians are going to be fairly mild when it comes to their criticisms and pretty positive if you see how many big bills that were passed through congress in an extremely turbulent political climate. Which is a big difference, then rigging the game by ruling through executive order like the current administration.
Kwek00 · 41-45, M
@joe438 I'm sorry? The administration created record inflation? Did COVID not happen in your timeline, because a lot of countries had record inflation because of it.
... evidence is needed here. But I understand that if you swallowed the inflation record, you'll swallow the xenophobic rumors too. It all comes served between the same GOP bread bun.
millions of people to drain the social nets the citizens created.
... evidence is needed here. But I understand that if you swallowed the inflation record, you'll swallow the xenophobic rumors too. It all comes served between the same GOP bread bun.
SunshineGirl · 36-40, F
@joe438 Do you not think Donald Trump handing out stimulus cheques towards the end of 2020 might have contributed towards inflationary pressures? 🤔
joe438 · 61-69, M
@SunshineGirl I’m not an economist but those were pretty small checks and likely didn’t contribute a lot to inflation. It may not have been the best use of the money though. If the govt had that much cash laying around, it wouldn’t have hurt to paid the debt down instead.
SunshineGirl · 36-40, F
@joe438 It was part of a $2.2tn stimulus package. It's not a criticism - the alternative would have been recession which is far worse - but just pointing out a major factor. Inflation can indicate that wage growth is healthy and people are spending freely. But it hurts those with no job, or low wages, in economies where wealth is distributed unevenly or social welfare nets are negligible.
joe438 · 61-69, M
@SunshineGirl I do remember that Bill being discussed when it was passed, and the maximum any one person would get is $1200. It’s not that 1200 isn’t real money, but it’s not life-changing. The bill also provided*billions*of dollars to hospitals that got hit hard by the costs related COVID. That certainly seems like money well spent.
I don’t know what the total in payouts with the stimulus checks was. The media at the time was complaining that people weren’t spending the checks, but just putting them back in savings to replace money that they had already spent. It would be fun to run the numbers to see if a noticeable dent could’ve been made in the national debt instead of handing out those checks.
I don’t know what the total in payouts with the stimulus checks was. The media at the time was complaining that people weren’t spending the checks, but just putting them back in savings to replace money that they had already spent. It would be fun to run the numbers to see if a noticeable dent could’ve been made in the national debt instead of handing out those checks.
ElwoodBlues · M
@joe438 The checks were only part of the stimulus package, a mere $293 billion. The total package, the total injected into the economy, was $2.2 trillion. If you're interested, here's a breakdown of where the other $1.9 trillion went.
https://www.crfb.org/blogs/whats-2-trillion-coronavirus-relief-package
https://www.crfb.org/blogs/whats-2-trillion-coronavirus-relief-package









