>Proposal: New Legislation Two House Democrats want to enhance the $2.2 trillion stimulus package known as the CARES Act. Representatives Tim Ryan (D-OH) and Ro Khanna (D-CA) have introduced new congressional legislation — the Emergency Money for the People Act — to provide $2,000 per month to Americans who have been impacted by the COVID-19 pandemic. Under their proposed legislation, the congressmen would continue monthly cash payments to eligible Americans until employment returns to pre-COVID-19 levels. “A one-time, twelve hundred dollar check isn’t going to cut it,” Rep. Khanna said. “Americans need sustained cash infusions for the duration of this crisis in order to come out on the other side alive, healthy, and ready to get back to work.”
Who's eligible? Also LMAO at Trump of all people pushing the democrats left.
It's already fucked. A Citizen's Bailout would help keep consumption up on a level that makes it not collapse. Also the Dollar is the world's reserve currency so it's much less of an issue.
Ayden Martinez
this would unironically be good for the US economy because it would give youngins who are strapped with student loan debts and inflated consumer good a disposable income to invest for retirement and buy property like their parents did
David Fisher
based tax cheat/worthless neet
Daniel Brown
Where is all of this money coming from? Is it done through readjusting / cutting budgets of other programs or is it just money printer go brrrrr?
Thomas Russell
Retards. Utter retards
Gavin Price
>Citizen's Bailout would help keep consumption up on a level that makes it not collapse Yes, on the short term it obviously helps, because this way you avoide deflation. But once people start spending money again you guys are fucked. Velocity of money is the buzzword here. You can't control that.
Levi Walker
either we get a free 2k a month and that's awesome, OR this shitty society collapses. it's win/win, faggot. kys
Jonathan Clark
Yes. UBI will work I promise.
Austin Powell
>UBI only for the big banks Eat my asshole cunt
Nathan Kelly
I mean, honestly, yeah.
Ryan Campbell
It comes from where it all comes from. Thin air.
Juan Morris
>it's only allowed for big banks and big corporations NOT for you wagie!
debt doesnt matter what matter is that USD is number one, that america is number one and that money is just a way to keep us under control.
thats is i support UBI.
it will work. its the next step towards humanity.
10k link holder
Xavier Hill
Tax the rich, silly.
Isaiah Martin
All of it is borrowed money that is added to the debt and/or budget for that year. >"Treasury doesn't have to print all those greenbacks because it can simply borrow the $2 trillion from investors by selling U.S. government bonds. " cbsnews.com/news/coronavirus-stimulus-package-pay-united-states/ In most cases none of the stimulus can be added to a budget because the budget requires approvals so it will be in the form of debt.
The debts don't matter, but the ability to pay for the budget does. Without the ability to borrow debt to pay for the budget you have to come up with 2.2 (2.8) trillion dollars. The total tax revenue is 3.5 trillion dollars. The total budget is 5.7 trillion. The total actual budget is (6.3) trillion. You really will cause hyperinflation if you decide to "literally" print more money. You will also cause a domino effect of collapse because slashing the federal budget means people will go unpaid.
Levi Powell
UBI in crypto when?
Kayden Baker
NagaToRo
Benjamin Cooper
>what is Idena
Jordan Cooper
>what is another scam coin that is just like link and bsv being shitposted everywhere
Ethan Jackson
Why does it have to be crypto? I'd accept anything to avoid working
Landon Lewis
anything freely given is worthless just so you know
Zachary Bailey
and obviously i don't mean individually i mean collectively. anything you give out for free to everyone is worthless.
