Tom Brady bought a yacht

@AverageJoe1 said
I did not. I had Covid, my insurance paid for everything. I recommend people by supplement insurance. I recommend people are self reliant and take care of themselves. I’ve never received a check for anything from the government. It gives me the creeps to think about it. Truly, why would you think that I would need government assistance for anything? I doubt if you do, bu ...[text shortened]... , it would not be likely that anyone you know in your circles ever took a check from the government.

You're a liar. 161 million payments went out in April 2020, more than the number of US households.https://pandemicoversight.gov/data-interactive-tools/data-stories/update-three-rounds-stimulus-checks-see-how-many-went-out-and

@AverageJoe1 said
I did not. I had Covid, my insurance paid for everything. I recommend people by supplement insurance. I recommend people are self reliant and take care of themselves. I’ve never received a check for anything from the government. It gives me the creeps to think about it. Truly, why would you think that I would need government assistance for anything? I doubt if you do, bu ...[text shortened]... , it would not be likely that anyone you know in your circles ever took a check from the government.

When you got your checks in the mail from the stimulus programs, you ripped them up?

Edit: Next time, if you don't want the money the government sends you, give it to me, please.

@AverageJoe1 said
44 feet does not a yacht make. It is a mere cabin cruiser

Wait... wait...

Lemme go measure mine...

Mine is 39 + 4i long. What does that make it?

@no1marauder said
You're a liar. 161 million payments went out in April 2020, more than the number of US households.https://pandemicoversight.gov/data-interactive-tools/data-stories/update-three-rounds-stimulus-checks-see-how-many-went-out-and

I will swear on my Granny’s life that I never have received any such check. I would not even know what to do with it, and frankly, I would be scared to cash it as it would put me on some list that would fall into your hands one day I would not think about cashing it.
So, as is the way of liberals on the forum, you are stating something that people like Susie will put in their journals, which is totally untrue. You are no better than Sunhouse. Claim everything and see what sticks on the wall.??
You have really lost it over the last several months. For instance,The oath taken by ice agents and border security says they will defend us against both foreign and domestic. Domestic, marauder. This is the law, which speaks to the fact that we have lawbreakers, domestic.. Are you aware that this is constitutional and that you take exception to it?

@sh76 said
Wait... wait...

Lemme go measure mine...

Mine is 39 + 4i long. What does that make it?

I would say that in this liberal society, where anybody can say and do anything, you can call it what you would like. Were it me, I would probably tell all of my friends please sail out with us on our sloop next Saturday. Ostentatious I am not.
What would you call it??

@no1marauder said
You're a liar. 161 million payments went out in April 2020, more than the number of US households.https://pandemicoversight.gov/data-interactive-tools/data-stories/update-three-rounds-stimulus-checks-see-how-many-went-out-and

While I have you, could you come in on this. When I was in college, in the 60s, if I had tried to run over an ice agent, and then got out of the car and flipped him off, I would have put in jail and probably have been punished. The reason, get ready for this, is I would have broken the law. Ask any lawyer that you know, ….that would be called breaking the law, and the books say there is a punishment for that. Do you follow ? you do, but you will never admit it.
So, this horrible bitch yesterday tried to run down an ice agent, got out of the car and flipped him off. She will not go to jail. I would like for you to tell our forum why this person would not go to jail in today’s times, but I would’ve gone to jail, back in the 60s……..for breaking the law. Let us stipulate that she said the law is stupid. and unjust!! Would that have any effect on your decision. Given that she is a lunatic that you support .. Thank you very much.

@AverageJoe1 said
I will swear on my Granny’s life that I never have received any such check. I would not even know what to do with it, and frankly, I would be scared to cash it as it would put me on some list that would fall into your hands one day I would not think about cashing it.
So, as is the way of liberals on the forum, you are stating something that people like Susie will put ...[text shortened]... lawbreakers, domestic.. Are you aware that this is constitutional and that you take exception to it?

"Totally untrue"? Those are government figures on how many payments were made.

You have zero credibility. Unless you're a very young teenager (in which case your parents received the payment) or very wealthy (impossible), you got a COVID economic stimulus payment like every other American adult.

@no1marauder said
The data shows no such thing; the program requirements included one that it go to small businesses. 94% of small businesses got a PPP loan.

You are completely ignorant of the actual program and have replaced reality with some absurd talking points.

94% of small businesses got a loan is not the relevant statistic in this discussion. Of course I've already stated that a small business getting a loan to protect paychecks is a good idea on paper. But that's only a fraction of what happened. Most of this money went to medium and large sized businesses, a fact you conveniently ignore. On average, only 23% of the money actually ended up in the paycheck of an employee (and even there, it's debatable whether that paycheck would or would not exist without PPP), and the rest went to owners and corporate stakeholders. This is another fact that you conveniently ignored.

You can say "the data shows no such thing" but I already cited the relevant academic study, popular news article in the Economist, and quoted the relevant bits as part of this discussion. And you say I deny reality? What you are saying is that you would prefer to deny reality.

Drop a million in cash from a helicopter. If a few homeless people got to eat that night, you'd call it a success?

@no1marauder said
The company name is TB12 but unless you think Sam Adam's is getting a check every time I buy a Boston Lager, your "point" is inane.

Yeah I mean I get your argument. But we're talking about a government stimulus program, not corporate naming rights. TB12 is Tom's company, that's why he got the check.

It might be inane, yes, that the check went out from Uncle Sam and then he bought a yacht. For some reason I still don't understand you think its relevant that some time passed between these two events, like if he invested the money in stocks for a few years and THEN used it to buy a yacht that anything would be any different.

He didn't need the money. Our government gave it to him anyways. This is the same government that doesn't want to spend $44/week for poor people who can't afford to eat. It doesn't sit right.

@wildgrass said
94% of small businesses got a loan is not the relevant statistic in this discussion. Of course I've already stated that a small business getting a loan to protect paychecks is a good idea on paper. But that's only a fraction of what happened. Most of this money went to medium and large sized businesses. On average, only 23% of the money actually ended up in the paycheck of ...[text shortened]... in cash from a helicopter. If a few homeless people got to eat that night, you'd call it a success.

You're wrong. The study claims that "only" something like $175 billion went into paychecks of employees that would have been otherwise fired, not that only 23% went to workers' paychecks at all And nowhere does it claim that "most" money went to medium and large businesses.

Other studies have shown higher numbers of jobs saved, but, at most, the Autor one only purports to show that the government overestimated possible job losses. Even if true, this Monday Morning Quarterbacking hardly shows the original estimates were unreasonable at the time. And nothing supports your hysterical rhetoric implying the program was a slush fund for the uber wealthy.

@wildgrass said
Yeah I mean I get your argument. But we're talking about a government stimulus program, not corporate naming rights. TB12 is Tom's company, that's why he got the check.

It might be inane, yes, that the check went out from Uncle Sam and then he bought a yacht. For some reason I still don't understand you think its relevant that some time passed between these two events, l ...[text shortened]... t that doesn't want to spend $44/week for poor people who can't afford to eat. It doesn't sit right.

But he didn't get the check; a company he had some interest in did.

Why you keep repeating such an obvious untruth is beyond me

@no1marauder said
You're wrong. The study claims that "only" something like $175 billion went into paychecks of employees that would have been otherwise fired, not that only 23% went to workers' paychecks at all And nowhere does it claim that "most" money went to medium and large businesses.

Other studies have shown higher numbers of jobs saved, but, at most, the Autor one only purport ...[text shortened]... othing supports your hysterical rhetoric implying the program was a slush fund for the uber wealthy.

"77% accrued to owners and corporate stakeholders"

That's a quote from the academic article. The other "more than half" statistic has been broadly reported over multiple media sources and, as far as I am aware, has not been refuted by anyone (except you).

I've pasted examples, but Google has hundreds of articles on this. You should know how to google by now.

https://www.seattletimes.com/business/more-than-half-of-emergency-small-business-funds-went-to-larger-businesses-new-data-show/

https://www.washingtonpost.com/business/2020/12/01/ppp-sba-data/

@sh76 said
Ah, okay. So the TB yacht angle is nonsense.

Of course, it's almost impossible that a huge federal program like that is not going to be abused to some extent.

You'll be happy to know I did this maths. It could show up on a 4th grade exam some day.

The average SNAP recipient gets $44/week. How long until they get enough money in free handouts from the government to match the $960,000 that Tom Brady got in one lump sum?

419.6 years.

@wildgrass said
"77% accrued to owners and corporate stakeholders"

That's a quote from the academic article. The other "more than half" statistic has been broadly reported over multiple media sources and, as far as I am aware, has not been refuted by anyone (except you).

I've pasted examples, but Google has hundreds of articles on this. You should know how to google by now.

https: ...[text shortened]... larger-businesses-new-data-show/

https://www.washingtonpost.com/business/2020/12/01/ppp-sba-data/

The claim is that that money would have been paid to employees anyway, not that PPP funds weren't used for payroll. That's what your study says.

@AverageJoe1 said
Raising taxes on the successful “until the deficit is gone “ Please elaborate, what effect would that have on our economy, as their investments and re-investments would slow to a snails pace, and there would be that pesky problem, of no more jobs which they would have otherwise created.
The thriving of capitalism has created our society. Without capitalism, what are you suggesting?

Taxes are an important part of a capitalist state. But the government paying companies to hire workers, and then having those companies pocket the majority of the money to buy toys for their own families, that should not be part of capitalist state.

Get it straight.