Re:Nearly 8M Americans have fallen into poverty since summer
by uoaei on Wednesday December 16, 2020 @01:29PM
(#25446291)
I notice folks getting starry-eyed in the face of these big numbers.
But if you look at how that money is allocated, it won't be very good for anyone except those who are milking this crisis for all they can.
The bill needs to be much bigger to have any considerable impact.
Remember -- the economy only works if people are spending money, and people are only spending money when they have money in their pockets. Trickle-up economics is real and it works.
Re:Nearly 8M Americans have fallen into poverty since summer
by WorkingDead on Wednesday December 16, 2020 @01:58PM
(#25446793)
Dont move the goal post.
A reminder that Nancy Pelosi turned down not one but two $1 trillion+ stimulus offer from the White House before the election.
Trump makes $1.8 trillion economic relief offer, but deal with Pelosi remains elusive (Oct 09 2020)
https://www.washingtonpost.com/us-policy/2020/10/09/trump-ec...
Nancy Pelosi blasts the White House's $1.6 trillion stimulus plan, saying it's not even 'half a loaf' (Oct 01 2020)
https://www.businessinsider.com/nancy-pelosi-blasts-white-ho...