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Trump’s economic aid could approach $1T, senators say
The Associated Press ^ | March 17, 2020 | By LISA MASCARO and ZEKE MILLER

Posted on 03/17/2020 1:01:14 PM PDT by Oldeconomybuyer

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To: Vigilanteman

Another great idea piled onto the ash heap of failure.

There’s a billion of them there.


21 posted on 03/17/2020 1:22:36 PM PDT by Scott from the Left Coast (It's the corruption, stupid)
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To: JudyinCanada

Do you mean that China holds $1.07T in government bonds?


22 posted on 03/17/2020 1:22:37 PM PDT by mlo
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To: Oldeconomybuyer

How are they going to know where to send the check? Not everyone makes enough money to file a tax return. It’s creepy that they would know where everyone lives.

And what about homeless people? Are they going to get a check too? I’m sure they need it.

Although it would start quite a run on the liquor stores.


23 posted on 03/17/2020 1:24:41 PM PDT by Fido969 (In!)
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To: Oldeconomybuyer

this is what government is for. I 100% approve.


24 posted on 03/17/2020 1:25:17 PM PDT by TexasFreeper2009
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To: Oldeconomybuyer

Bernie, stand aside, Trump is going to buy more votes.


25 posted on 03/17/2020 1:28:16 PM PDT by Brian Griffin
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To: Savage Beast
Funny thing is during our worship of Keynesian economics, (Including Trump) the powers that be forget the other side of the Keynesian equation where when economic times are strong you pay off all that borrowing. Reagan never did it and so has any other President or Congress when times were considered “good”.

We are in a perpetual cycle of bad economies all the times because all we ever f'ing ever do is borrow.
26 posted on 03/17/2020 1:28:28 PM PDT by rollo tomasi
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To: Oldeconomybuyer
Not supporting this cash distribution, at this time, but I do find it interesting that "conservatives" -- including myself -- did not bat an eye as the retard George W. Bush spent TRILLIONS on his stupid "wars" (with no objective or end game) in Iraq and Afghanistan.

And then Obama continued them and spent trillions more. $700 billion every year as well just for the "defense" budget, so much of it wasted defending other sovereign (and often wealthy) nations, often against non-existent "threats".

How much would we save with a complete withdrawl from Iraq, Afghanistan and Europe, and couldn't that be used to pay down the debt or reimburse taxpayers?

27 posted on 03/17/2020 1:32:52 PM PDT by montag813
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To: pepsi_junkie

Depends on leverage, if we have leverage Trump will use it.


28 posted on 03/17/2020 1:33:28 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Oldeconomybuyer

Here’s something I could get behind: Federally subsidized business interruption insurance, especially for small biz.


29 posted on 03/17/2020 1:34:22 PM PDT by mewzilla (Break out the mustard seeds.)
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To: Oldeconomybuyer
“We want to go big,” Trump said at a White House briefing.

Not much bigger than a $2 trillion to $3 trillion budget deficit.

30 posted on 03/17/2020 1:44:23 PM PDT by DoodleDawg
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To: montag813

Many of us were all over GWB for exactly what you described. Don’t you remember how many people left this site or were banned back then because they dared to question that idiocy?


31 posted on 03/17/2020 1:46:00 PM PDT by Alberta's Child ("Oh, but it's hard to live by the rules; I never could and still never do.")
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To: montag813
... "conservatives" -- including myself -- did not bat an eye as the retard George W. Bush spent TRILLIONS on his stupid "wars" (with no objective or end game) in Iraq and Afghanistan...

Me too. At the time I said we won't know if these Mideast interventions would turn out beneficial for 10 years. 20 years later I am disappointed in W and his administration. There is no hope for democracy in 9th century cultures. Until they find their own Jefferson or Adams, and learn to love their children more than they hate Jews, I'm OUT.

That said. If our true national security is threatened ... turn the entire Mideast s*hole country into sand. Full-on Nagasaki. And let them know in advance.

32 posted on 03/17/2020 1:47:32 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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How would this aid to workers be distributed? If it has to go through state bureaucracies, will people even receive their checks? I suppose this is the time for drastic measures, but wow, is this ever a Bernie-style bailout - and coming from Trump.


33 posted on 03/17/2020 1:53:41 PM PDT by confederatecarpetbag
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To: Vigilanteman

Slick.


34 posted on 03/17/2020 2:05:01 PM PDT by Cobra64 (Common sense isnÂ’t common anymore.)
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To: Alberta's Child
Many of us were all over GWB for exactly what you described. Don’t you remember how many people left this site or were banned back then because they dared to question that idiocy?

I raged at him on FR for the weak actions in Iraq vis-a-vis Al Sadr, Paul Bremer, "helping girls" and insanely arming "Afghan allies" in Afghanistan. But we always had a Hobson's choice with Bush. "Sure he tried to give us Harriet Miers, but do you want 'President Kerry??'"

35 posted on 03/17/2020 2:09:44 PM PDT by montag813
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To: mewzilla

It’s a little late for insurance after the interruption has already happened. But moving forward, it might make sense only if limited to risks that are not insured by commercial business interruption insurance (sort of like flood insurance), but I’m still not sure it’s a great idea.

I am definitely hoping that most of the aid to business is in the form of loans, not giveaways.


36 posted on 03/17/2020 2:10:57 PM PDT by The Pack Knight
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To: montag813
Voted for the lessor of two evils, however, looking back, I would have traded one Kerry administration for two Obama administrations any day, especially GWB second term, that was awful (Defenders of GWB, spare me the 2006 Congress, GWB policies/cuckness created the dem takeover and his weakness against Fannie/Fred in 2003 sealed the September 2008 Happening).
37 posted on 03/17/2020 2:15:26 PM PDT by rollo tomasi
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To: Oldeconomybuyer

Very unwise.


38 posted on 03/17/2020 2:33:44 PM PDT by mulligan (En bbnnEeThe)
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To: Oldeconomybuyer

That means it’s going to be $10,000,000,000,000.


39 posted on 03/17/2020 2:39:56 PM PDT by E. Pluribus Unum (If you don't recognize that as sarcasm you are dumber than a bag of hammers.)
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To: Oldeconomybuyer

So what if a $100 bill = $1


40 posted on 03/17/2020 2:53:19 PM PDT by cp124 (Time for our own Justus Dept.)
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