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SirTripAlot
Semper Fidelis



Registered: 01/11/05
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Loc: Harmless (Mostly)
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Econ Stimuli....$800 per person.......Yeah!!!!!???
#7899519 - 01/18/08 10:15 PM (16 years, 14 days ago) |
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So our beloved government has decided (or about to decide???....or about to debate....) to throw the citizens a fucking bone in the form of the green back......
Good idea or bad ? Why or why not.......being totally oblivious to much econ matters.....enlighten me ( while I have dreams of cashing it at the liquor store)
-------------------- “I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.”
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im_on_a_boat
Stranger

Registered: 04/06/06
Posts: 3,950
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: SirTripAlot]
#7899555 - 01/18/08 10:25 PM (16 years, 14 days ago) |
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gov prints $ = inflation ^
http://www.brillig.com/debt_clock/
$800 wont make a dent in your share.
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Sausage
Hamster with asausage



Registered: 02/04/03
Posts: 55
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: im_on_a_boat]
#7900128 - 01/19/08 02:09 AM (16 years, 14 days ago) |
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It's a temporary stopgap instead of addressing what's really wrong with the economy (look at what's happening to the dollar).
"Let's make the Proles happy for a minute. I know! Let's buy them all a flat screen TV!"
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Cubie
Moderator




Registered: 01/11/08
Posts: 8,840
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: Sausage]
#7900148 - 01/19/08 02:15 AM (16 years, 14 days ago) |
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Fuk inflation I want 800 bucks so I can buy a flatscreen
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Seuss
Error: divide byzero



Registered: 04/27/01
Posts: 23,480
Loc: Caribbean
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: SirTripAlot]
#7900377 - 01/19/08 03:33 AM (16 years, 13 days ago) |
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Like Ron Paul or not, he has a very valid point... America can not afford to police the world.
> Good idea or bad ? Why or why not.
Bad idea. People are losing their homes because they can't pay bills... Until the government stops unchecked spending, and until the government lets banks hang for making bad decisions, then nothing will change. The general idea is that if the government gives everybody $800, then people will spend that money, and it will boost the economy. The problem is that people have already spent that money and will have to use it to pay off debt... thus it does no good, other than to devalue the money I already have.
-------------------- Just another spore in the wind.
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SirTripAlot
Semper Fidelis



Registered: 01/11/05
Posts: 7,459
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Last seen: 3 hours, 57 minutes
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: Seuss]
#7900633 - 01/19/08 07:09 AM (16 years, 13 days ago) |
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Wouldn't it help the businesses that get paid, that are owed the debt? (assuming that citizens spend it on debt)......thereby stimulating the economy?
-------------------- “I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.”
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MrBump
Third prize is you're fired



Registered: 10/01/02
Posts: 4,263
Loc: Denver, Colorado
Last seen: 4 years, 6 months
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: Seuss]
#7900970 - 01/19/08 10:07 AM (16 years, 13 days ago) |
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Quote:
Seuss said: Like Ron Paul or not, he has a very valid point... America can not afford to police the world.
> Good idea or bad ? Why or why not.
\
first, i'll take the $800 b/c I currently need it to assist with paying for a move, but i think it wont have any long term positive affects on the economy.
2nd, I agree w/ Ron Paul here. what do we do? reform and strengthen the UN and/or NATO? I wonder if that could be pulled off...
Even Truman, the man who dropped the bomb, said: "We all have to recognize, no matter how great our strength, that we must deny ourselves the license to always do as we please."
-------------------- If it weren't for the bloody corpses, I wouldn't have any corpses at all. There are two ways to get to the top of an oak tree: start climbing or sit on an acorn. Are you a carrot, an egg, or a coffee bean?
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Gijith
Daisy Chain Eater

Registered: 12/04/03
Posts: 2,400
Loc: New York
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: Seuss]
#7901106 - 01/19/08 10:55 AM (16 years, 13 days ago) |
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Quote:
Seuss said: The problem is that people have already spent that money and will have to use it to pay off debt... thus it does no good, other than to devalue the money I already have.
I'm not sure about this. Isn't the problem that people are too stupid to pay their bills? Why would this make them start? I think most people will buy flat screens or computers. More money for China I guess. After all, what's a little more debt?
-------------------- what's with neocons and the word 'ilk'?
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rizingfire
Mycoticus psychoticus




Registered: 09/10/07
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Loc: North-east USm'f'nA
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: Gijith]
#7901149 - 01/19/08 11:08 AM (16 years, 13 days ago) |
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It is a good idea. I didn't think they were printing more, merely giving you $800 in taxes that they would have kept, they figure that a large percent will spend it right away so if 100million+ people spend $800 it will boost the economy for a lil while, they are just hoping that it will allow for other things to pick up. I think it is a good idea and at least they are actually doing something right....make it $2-3k and it would be better. My sister gets $1000-1500 a year just for living in alaska....must be nice
-------------------- aka NHMI
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Cubie
Moderator




Registered: 01/11/08
Posts: 8,840
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: rizingfire]
#7901155 - 01/19/08 11:10 AM (16 years, 13 days ago) |
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man id be happy with a hundred free bucks!
ill purposly piss in my pants if i actuley et 800
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Penguarky Tunguin
f n o r d


Registered: 08/08/04
Posts: 17,192
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: Seuss]
#7901166 - 01/19/08 11:14 AM (16 years, 13 days ago) |
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Quote:
Seuss said: Like Ron Paul or not, he has a very valid point... America can not afford to police the world.
> Good idea or bad ? Why or why not.
Bad idea. People are losing their homes because they can't pay bills... Until the government stops unchecked spending, and until the government lets banks hang for making bad decisions, then nothing will change. The general idea is that if the government gives everybody $800, then people will spend that money, and it will boost the economy. The problem is that people have already spent that money and will have to use it to pay off debt... thus it does no good, other than to devalue the money I already have.
Yep, I'll use the money to pay off some of my credit card debt.
-------------------- Every mistake, intentional or otherwise, in the above post, is the fault of the reader.
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Minstrel
Man of Science


Registered: 03/15/05
Posts: 1,974
Loc: Hogtown
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: Penguarky Tunguin]
#7901200 - 01/19/08 11:21 AM (16 years, 13 days ago) |
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SPEND MARRY AND REPRODUCE CONSUME
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Penguarky Tunguin
f n o r d


Registered: 08/08/04
Posts: 17,192
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: Minstrel]
#7901254 - 01/19/08 11:32 AM (16 years, 13 days ago) |
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Take out the middle one and
-------------------- Every mistake, intentional or otherwise, in the above post, is the fault of the reader.
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MrBump
Third prize is you're fired



Registered: 10/01/02
Posts: 4,263
Loc: Denver, Colorado
Last seen: 4 years, 6 months
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: Minstrel]
#7901337 - 01/19/08 11:52 AM (16 years, 13 days ago) |
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Quote:
Minstrel said: SPEND MARRY AND REPRODUCE CONSUME
 purty much sums 'er up right there.
-------------------- If it weren't for the bloody corpses, I wouldn't have any corpses at all. There are two ways to get to the top of an oak tree: start climbing or sit on an acorn. Are you a carrot, an egg, or a coffee bean?
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RosettaStoned
Stranger


Registered: 05/29/06
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Loc: North America
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: Seuss]
#7901983 - 01/19/08 02:23 PM (16 years, 13 days ago) |
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Yup, this money is going to be spent on bills and debt by the vast majority of us. I guess the banks are gonna get paid for all those xmas credit card bills. So it seems this is just another bail out for the bankers.
-------------------- "Government big enough to provide you with all you need is also big enough to take everything you have." ~ Thomas Jefferson "Without stupid, faggy potheads we wouldn't have wars." - Zappa
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 7 months
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: RosettaStoned]
#7902202 - 01/19/08 03:28 PM (16 years, 13 days ago) |
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You have an extraordinarily fucked up notion of the ethics of borrowing and lending. Remind me never to lend you money so that I'll never need to be "bailed out".
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Diploid
Cuban



Registered: 01/09/03
Posts: 19,274
Loc: Rabbit Hole
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: SirTripAlot]
#7902288 - 01/19/08 03:59 PM (16 years, 13 days ago) |
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This reminds me of Douglas Adam's book Hitchhiker's Guide to the Galaxy where a certain society decides to invalidate all paper currency and instead switch to the tree leaf as the new paper currency standard.
This, of course, has the effect of making everyone near a tree immensely wealthy.
The only problem is inflation. The end result was that a cup of coffee costs approximately three deciduous forests.
Douglas Adams for fed chairman!
-------------------- Republican Values: 1) You can't get married to your spouse who is the same sex as you. 2) You can't have an abortion no matter how much you don't want a child. 3) You can't have a certain plant in your possession or you'll get locked up with a rapist and a murderer. 4) We need a smaller, less-intrusive government.
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lonestar2004
Live to party,work to affordit.


Registered: 10/03/04
Posts: 8,978
Loc: South Texas
Last seen: 12 years, 9 months
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: SirTripAlot]
#7902342 - 01/19/08 04:20 PM (16 years, 13 days ago) |
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"Democrats on Capitol Hill are pushing to limit rebates to those making less than 115,000 usd per year."
fuck!
why do my wife and i even work......
-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
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carbonhoots
old hand

Registered: 09/11/01
Posts: 1,351
Loc: BC Canada
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: lonestar2004]
#7902446 - 01/19/08 04:43 PM (16 years, 13 days ago) |
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Are you making more than 115,000$ a year?
That's nearly 10K a month. How much can 800$ be to you, compared to families working for far, far less. A few days income?
-------------------- -I'd rather have a frontal lobotomy than a bottle in front of me CANADIAN CENTER FOR POLICY ALTERNATIVES
Edited by carbonhoots (01/19/08 04:46 PM)
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
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Re: Econ Stimuli....$800 per person.......Yeah!!!!!??? [Re: carbonhoots]
#7902611 - 01/19/08 05:21 PM (16 years, 13 days ago) |
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Why don't you just tell us how much is too much, there, Karl? Should people who don't pay any taxes at all get the $800? Should people who pay less than $800 get $800?
We paid, that's fucking right PAID, over twice that income threshold in taxes and your goddamn right $800 isn't shit. But I'll be fucked if I'm interested in giving a bunch of stupid no account morons who don't know how to read a goddamn mortgage contract any more of my money. We should get a proportional rebate, Robin Hood, in direct proportion to what we paid.
This is supposed to be about economic stimulus, not a welfare program for losers.
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