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Biden unveils $1.9 trillion economic and health-care relief package
01-16-2021, 11:52 AM
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#61
- Coachbombay
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- Coachbombay
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More upward redistribution of wealth marketed as the opposite? Shocking.
They got little baby legs that stand so low
you got to pick 'em up just to say hello.
01-16-2021, 12:05 PM
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#62
Originally Posted By lightsarefallin⏩
... I guess it will come from the same place that the money came from for the Republicans' bulls*t unnecessary Iraq invasion, which cost us $3 trillion (and counting).Where is thetrillion dollarscoming from, the moon?
Of course, we all know the real answer (more national debt), but isn't it interesting that Republicans never bat an eye when far larger amounts of $$$ are pissed away on wars, to say nothing of our rediculously bloated military budget, which is very close to exceeding $1 trillion annually, which doesn't even include the additional costs of all our wars and interventions; that's just yearly maintenance of our gigantic military.
I'm no fan of the Democrats obviously, but I have to call you conservatives out on your intellectual dishonesty. If you want to call yourself an economic conservative, at least be consistent about it.
01-16-2021, 12:12 PM
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#63
- MisterDiapers
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Originally Posted By Boxman⏩
when they say wars "cost" 3 trillion it means that money is coming from an already agreed upon budget and is being spent within the US military complex which employees millions of people. Much of the money and productivity is then staying in the system by appreciation of these military contractor stocks like boeing lockheed, etc. Much different than just printing money and giving it to people via check.... I guess it will come from the same place that the money came from for the Republicans' bulls*t unnecessary Iraq invasion, which cost us $3 trillion (and counting).
Of course, we all know the real answer (more national debt), but isn't it interesting that Republicans never bat an eye when far larger amounts of $$$ are pissed away on wars, to say nothing of our rediculously bloated military budget, which is very close to exceeding $1 trillion annually, which doesn't even include the additional costs of all our wars and interventions; that's just yearly maintenance of our gigantic military.
I'm no fan of the Democrats obviously, but I have to call you conservatives out on your intellectual dishonesty. If you want to call yourself an economic conservative, at least be consistent about it.
Of course, we all know the real answer (more national debt), but isn't it interesting that Republicans never bat an eye when far larger amounts of $$$ are pissed away on wars, to say nothing of our rediculously bloated military budget, which is very close to exceeding $1 trillion annually, which doesn't even include the additional costs of all our wars and interventions; that's just yearly maintenance of our gigantic military.
I'm no fan of the Democrats obviously, but I have to call you conservatives out on your intellectual dishonesty. If you want to call yourself an economic conservative, at least be consistent about it.
also 3T was over the course of like 15 years, so $250B a year on top of the military budget. Not just ripping 1.5T in a month like right now
01-16-2021, 12:13 PM
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#64
- OttomanEmpire
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Isn't the interest on your debt alone reaching heights where it'll be too hard to even keep up with it?
01-16-2021, 12:36 PM
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#65
01-16-2021, 01:07 PM
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#66
- ghostfacedup
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Biden is going to push for amnesty and increased immigration during a pandemic and economic crisis lmao
01-16-2021, 01:32 PM
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#67
- Johnez
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Originally Posted By ooph⏩
My coworkers: "they'll probably exclude small businesses"Make sure to note that they are also wanting to increase minimum wage to $15/hr through this bill...
Target can afford it... Small businesses in your community will not be able to.
Target can afford it... Small businesses in your community will not be able to.
Me: "Walmart pays $15, small business pays $10....who you gonna work for?"
This is going to wreck small businesses and LCOL areas everywhere. HCOL areas already have $15 min wage. Economics not even once....
Virtue is its own reward.
01-16-2021, 01:50 PM
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#68
Originally Posted By MisterDiapers⏩
To be fair, this "stimulus package" will also be spent over a multi-year period (probably 4 years), and will also be circulated into the wider economy, much of it going to workers in the same way that military spending trickles down to soldiers, civilian contractors, etc. However, since military spending includes so many ultra capital-intensive items, the trickle down effect is actually less than a typical stimulus package. For example, when you spend $2 billion to build a B-2 stealth bomber whose construction only ends up employing a relative handful of people, most of that money just goes to the shareholders and upper management of companies like Northrop Gruman, Boeing, etc.when they say wars "cost" 3 trillion it means that money is coming from an already agreed upon budget and is being spent within the US military complex which employees millions of people. Much of the money and productivity is then staying in the system by appreciation of these military contractor stocks like boeing lockheed, etc. Much different than just printing money and giving it to people via check.
also 3T was over the course of like 15 years, so $250B a year on top of the military budget. Not just ripping 1.5T in a month like right now
also 3T was over the course of like 15 years, so $250B a year on top of the military budget. Not just ripping 1.5T in a month like right now
So you could easily argue that economic stimulus spending is better for the overall good of the nation, especially if it includes infrastructure projects that employ much larger #'s of people compared to capital intensive military items.
Now, this new bill from Biden is mostly just welfare checks, but I remember conservatives throwing a similar fit over the Obama stimulus in 2009, which DID employ a ton of construction workers and such. The same conservatives who supported the Iraq War and big military spending in general.
01-16-2021, 02:14 PM
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#69
01-16-2021, 02:55 PM
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#70
Originally Posted By OttomanEmpire⏩
We already can't keep up with itIsn't the interest on your debt alone reaching heights where it'll be too hard to even keep up with it?
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01-16-2021, 02:56 PM
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#71
Originally Posted By Johnez⏩
I'd rather work for small businesses at $10/hr than Walmart at $15/hrMy coworkers: "they'll probably exclude small businesses"
Me: "Walmart pays $15, small business pays $10....who you gonna work for?"
This is going to wreck small businesses and LCOL areas everywhere. HCOL areas already have $15 min wage. Economics not even once....
Me: "Walmart pays $15, small business pays $10....who you gonna work for?"
This is going to wreck small businesses and LCOL areas everywhere. HCOL areas already have $15 min wage. Economics not even once....
Have you seen the people at Walmart?

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01-16-2021, 03:16 PM
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#72
- ghostfacedup
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And amnesty to illegals during an economic crisis!!!! Brilliant!!!
01-16-2021, 05:59 PM
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#73
- isingmodel
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Brrrr. Buy BTC!
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BTC to $200k
01-16-2021, 06:00 PM
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#74
- Firefightn24
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- Firefightn24
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Getting rid of these insane health care premiums would help people. Pre-ACA costs.
Thanks Obama.
JK you suck.
Thanks Obama.
JK you suck.
Being anti-2nd Amendment is like saying "We have too many rights, please take some away!"
01-16-2021, 06:56 PM
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#75
- KhaosRises
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- KhaosRises
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Originally Posted By lightsarefallin⏩
Economics not even once with this retard.Where is thetrillion dollarscoming from, the moon?
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