@mott-the-hoople saidWhat sense does it make to send tens of billions of dollars to airlines because they lost revenue because of COVID, but refuse to do the same for State governments (all of them not just ones run by Democrats like Trump keeps falsely claiming)?
explain how pelosi want billions to bail out california, new york ect, are connected to covid?
It's hilarious how inconsistent right wingers are. The same ones who were complaining that a Biden stimulus package would put our grandchildren in hopeless debt in another thread are all over themselves supporting a belated Trump stimulus package because they think it will help his re-election chances.
You guys really have no shame.
Earl: The dems had slated $2.3 Trillion into another stimulus. Businessmen were salivating.
What do you *think* their reaction would be when Trump puts the lid on it? Jeeesh.
Oh, and you do realize congress intends to *borrow* that money. That's all we need.
But borrow money thinking it might help Trump's re-election chances? Thumbs up!
@no1marauder saidairlines are necessary for the economy. What does removing caps from state and local deductions have to do with covid?
What sense does it make to send tens of billions of dollars to airlines because they lost revenue because of COVID, but refuse to do the same for State governments (all of them not just ones run by Democrats like Trump keeps falsely claiming)?
@mott-the-hoople saidNot sure what you are talking about, BUT:
airlines are necessary for the economy. What does removing caps from state and local deductions have to do with covid?
"approximately 16 million are employed in state and local governments."
https://www.brookings.edu/policy2020/votervital/public-service-and-the-federal-government/#:~:text=and%20small%20businesses.-,Across%20the%20U.S.%2C%20nearly%2024%20million%20people%E2%80%94a%20little%20over,in%20state%20and%20local%20governments.
By contrast, the airline industry employs less than a half a million full time equivalents: https://www.statista.com/statistics/197683/us-airline-industry-full-time-equivalent-employees-since-2004/
Quite obviously aid to State and local governments should be a priority IF what you want to do is save the highest number of jobs.
The $1200 checks while believed critical for Trump so he can claim he "gave" them to the American People are actually one of the most least efficient ways to stimulate the economy:
"Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor-supply decisions. Most respondents report that they primarily saved or paid down debts with their transfers, with only about 15 percent reporting that they mostly spent it. When providing a detailed breakdown of how they used their checks, individuals report having spent or planning to spend only around 40 percent of the total transfer on average. "
https://www.nber.org/papers/w27693
@mott-the-hoople saidIs that included in the HEROES ACT?
What does removing caps from state and local deductions have to do with covid?
Haven't heard it was, but it would be a reversal of a large tax increase that Trump enacted.
@no1marauder saidif you dont know the facts why are you commenting?
Is that included in the HEROES ACT?
Haven't heard it was, but it would be a reversal of a large tax increase that Trump enacted.
@no1marauder saidWhat is the maximum income a person can have and still receive a $1200 check? Perhaps some checks are going to people that do not need it. I saved mine at first because I was working at the time, but I spent it a few months later. I am a saver though, and in times of uncertainty people are more likely to save.
The $1200 checks while believed critical for Trump so he can claim he "gave" them to the American People are actually one of the most least efficient ways to stimulate the economy:
"Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor-supply decisions. Most ...[text shortened]... end only around 40 percent of the total transfer on average. "
https://www.nber.org/papers/w27693
Paying debt helps increase spending in the long term. It isn't like having people deeper in debt helps the economy.
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@Metal-Brain
.....YEAH, WE ARE ALL AWARE OF TRUMP'S GENEROUS SPIRIT...
...I MEAN HE GAVE A WHOLE $750 TO THE IRS LAST YEAR !!!
Metal Brain for sure........Where do you people come from?...
WHAT A JOKE!
@mott-the-hoople saidIf that was a truth, you would never post at all.
if you dont know the facts why are you commenting?
@jimm619 saidhow do you ignore Trump donating his entire salary since being potus?
@Metal-Brain
.....YEAH, WE ARE ALL AWARE OF TRUMP'S GENEROUS SPIRIT...
...I MEAN HE GAVE A WHOLE $750 TO THE IRS LAST YEAR !!!
Metal Brain for sure........Where do you people come from?...
WHAT A JOKE!
you represent what is so despicable about liberals...just cant be truthful.
@jimm619 saidWould you give more money to the IRS than you had to? Amazon paid no taxes at all and even got a tax rebate in the year 2018.
@Metal-Brain
.....YEAH, WE ARE ALL AWARE OF TRUMP'S GENEROUS SPIRIT...
...I MEAN HE GAVE A WHOLE $750 TO THE IRS LAST YEAR !!!
Metal Brain for sure........Where do you people come from?...
WHAT A JOKE!