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Post by ArcDriveFinish on Mar 24, 2020 18:24:53 GMT -8
4 trillion just dumped into the stock market to bail out the rich but no money to build infrastructure or healthcare.
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Post by Aliceandria on Mar 25, 2020 8:24:41 GMT -8
The rich aren't the only benefactors of the stock market. People's jobs and portfolios are tied to the stock market as well. There is certainly a debate on how much and to where money should be allocated, but the narrative of the rich got bailed out by the republicans is not only superficially concluded but a historically reprehensible analysis. Obama, literally the last president, also bailed out giant corporations. Hope you're holding up during this pandemic.
tldr; mods lock this topic. CAG 4/9 32c
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Post by Crimson Mutt on Apr 3, 2020 16:24:27 GMT -8
The rich aren't the only benefactors of the stock market. People's jobs and portfolios are tied to the stock market as well. There is certainly a debate on how much and to where money should be allocated, but the narrative of the rich got bailed out by the republicans is not only superficially concluded but a historically reprehensible analysis. Obama, literally the last president, also bailed out giant corporations. Hope you're holding up during this pandemic. tldr; mods lock this topic. CAG 4/9 32c as if obummer was a saint lmao there should be a "can't fire employees or terminate contractor agreements as long as the crisis lasts" stipulation on that bailout also, your healthcare is still fucked. that bailout ain't gon do diddly about that, and that 4 trill would be much better served there, yknow, so people don't die. but muh economy |
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Post by Aliceandria on Apr 3, 2020 20:30:29 GMT -8
The rich aren't the only benefactors of the stock market. People's jobs and portfolios are tied to the stock market as well. There is certainly a debate on how much and to where money should be allocated, but the narrative of the rich got bailed out by the republicans is not only superficially concluded but a historically reprehensible analysis. Obama, literally the last president, also bailed out giant corporations. Hope you're holding up during this pandemic. tldr; mods lock this topic. CAG 4/9 32c as if obummer was a saint lmao there should be a "can't fire employees or terminate contractor agreements as long as the crisis lasts" stipulation on that bailout also, your healthcare is still fucked. that bailout ain't gon do diddly about that, and that 4 trill would be much better served there, yknow, so people don't die. but muh economyMy claim was merely comparing that Obama, a democrat, also bailed out corporations just like the current republican establishment of Trump. I wasn't trying to make a normative claim about Obama. I was just trying to point out the flaw of blaming corporate bailout exclusively on republicans. I apologize if there was a lack of clarity. Part of the bailout did significantly help those who are on or who will be on unemployment by increasing their net pay by $600 per month. Although this doesn't help their job security post quarantine, I'm not sure how a "can't fire employees or terminate contractor agreements" could actually be enforced or be practically implemented. How can you force a business who can't afford employees to keep employees? The stimulus package also aided businesses so that employment could be kept, granted it's easy to site to numerous cases both historically and recently that have abused these bailouts. The bill did allocate 150 billion to healthcare. Throwing 4 trillion dollars at hospitals feels like it could be too much, but I haven't the faintest idea how much hospitals need collectively. The economy was clearly favored over healthcare, but there is an importance for the economy to a degree. People need businesses to continue for their day-to-day lives and businesses need money to keep employees. Regardless of what could've been done with the money, I think I'm personally more worried about how the economy will look post quarantine. A lot of money was thrown around, and we're all most likely in accord with the fact it: A, wasn't used optimally B, gives the impression that businesses can take on a lot of risk since the government will always keep it afloat, and C, this might have a serious impact on inflation. I don't have any education in economy so I'm curious to read people's takes who have more experience on the subject. |
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I eat ass
Unranked
let me tongue punch your fartbox
Posts: 44
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Post by I eat ass on Sept 7, 2020 13:05:20 GMT -8
Trump 2020 you stupid cunt. Reminder, this is the same retard that thinks one of the game's most balanced champions of all time, Anivia, is OP. Don't forget when you read his brain damage in written form.
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Post by Aliceandria on Sept 7, 2020 13:56:27 GMT -8
Mods lock this topic
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Post by A Bad Varus on Sept 26, 2020 20:12:05 GMT -8
Trump 2020
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Post by Aliceandria on Sept 27, 2020 21:07:30 GMT -8
MODS!?!?!
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Post by MOTIVATED on Sept 27, 2020 23:48:39 GMT -8
Mods are dead, time for anarchy
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