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2020 Election Thread


PapaG

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45 minutes ago, glduck said:


My knee-jerk reaction: Schumer already knows he has a Republican or two on board, so Manchin isn’t needed. Biden gets his $2000, Manchin can tell his backwards state he voted no.

I could be wrong.

Manchin is @KUGRDON's new hero, not realizing he has exactly as much power as Bernie Sanders now.

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1 hour ago, glduck said:


My knee-jerk reaction: Schumer already knows he has a Republican or two on board, so Manchin isn’t needed. Biden gets his $2000, Manchin can tell his backwards state he voted no.

I could be wrong.

Or you could be right.  

FWIW Most of the $600 direct payments went to folks who suffered absolutely zero loss of income due to Covid. The same would be true of $2000 direct payments. Checks could be much larger and much more efficient in restoring losses attributable to Covid if they Went only to the much smaller group of people who actually suffered financial loss attributable to Covid.

Moreover, according to new data from the New York Federal Reserve, only 29% of Americans spent their $1200 stimulus checks on consumption. Here’s the breakdown:

Consumption: 29%
Savings: 36%
Debt Repayment: 35%

Again, Much larger checks sent directly to the much smaller number of people who suffered financial loss attributable to Covid would be more likely to be spent on consumption and therefore stimulate the economy.

The truth is that the smaller payments being sent to a much larger group of people is a more efficient way to buy votes.  Even Trump and the GOP GA Senate candidates belatedly came to this revelation.

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48 minutes ago, KUGRDON said:

Or you could be right.  

FWIW Most of the $600 direct payments went to folks who suffered absolutely zero loss of income due to Covid. The same would be true of $2000 direct payments. Checks could be much larger and much more efficient in restoring losses attributable to Covid if they Went only to the much smaller group of people who actually suffered financial loss attributable to Covid.

Moreover, according to new data from the New York Federal Reserve, only 29% of Americans spent their $1200 stimulus checks on consumption. Here’s the breakdown:

Consumption: 29%
Savings: 36%
Debt Repayment: 35%

Again, Much larger checks sent directly to the much smaller number of people who suffered financial loss attributable to Covid would be more likely to be spent on consumption and therefore stimulate the economy.

The truth is that the smaller payments being sent to a much larger group of people is a more efficient way to buy votes.  Even Trump and the GOP GA Senate candidates belatedly came to this revelation.

I'm so fucking sick of this argument.

Claiming that, because about 33% of the population doesn't need $2k to meet the bills during a pandemic is excuse enough to deprive 66% of the population from crucial funds that they need to avoid eviction, pay for food, pay for daycare, pay for medical bills, etc., is a craven fucking evil cop-out.

https://www.statista.com/statistics/203183/percentage-distribution-of-household-income-in-the-us/

64% of the money sent to these people goes STRAIGHT to the economy (debt repayment stimulates the economy as well).  Forcing people to only get by if they've actually LOST their job (ergo, only funding unemployment benefits) keeps millions waiting for underfunded state systems to issue check payments (after they've struck up the obligatory 100 hurdles and emails and logins and phone calls that people must make to get their hands on this money).

 

Simply put,  this government should've paid EVERY citizen $2k per month to stay home, shutter their businesses, and keep the virus at bay.  That is the ONLY common-sense way we could've (a) protected small businesses and (b) stopped the virus cold, as they did in many other countries, like S. Korea, Australia, NZ, etc..

 

But we didn't.  Why?   Because Republicans are equal parts stupid and cruel.

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This "constitutional" argument about how they can't convict an ex-president is among the most intellectually dishonest piles of shit I've ever heard.  He committed the impeachable offense(s) while president, and was impeached while president.  If you set the precedent that no ex-president can be impeached, then they can all shred electoral college ballots on jan. 6th, make sure a craven senator delays the trial, and get off scot-free.

 

 

Jesus fucking Christ, the QOP needs to die.

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