It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

Aid package claimed to be neccessary jumps from 2 trillion to 6 trillion in one day

page: 1
31
<<   2  3  4 >>

log in

join
share:
+15 more 
posted on Mar, 24 2020 @ 07:29 PM
link   
I said we should demand the government ask basic questions before this massive power grab, infringement of our rights, redistribution of wealth, and shutting down huge sectors of the economy.

I was told by people from democrats to ardent trump supporters that i was immoral for saying that. The problem is so big, we must accept whatever the government does and not ask questions.

Say in his presser yesterday, trump said the aid package would need to be around 2 trillion dollars to fight this crisis.

Now one day later, hie economic advisor says 6 trillion.


White House economic adviser Larry Kudlow on Tuesday projected that the total economic stimulus to be enacted by the federal government will reach $6 trillion.

Of the total, $4 trillion will come in the form of liquidity from the Federal Reserve, while the remaining $2 trillion will be part of proposed phase-three legislation from Congress. If the total assistance does reach $6 trillion, that would equal about 30 percent of U.S. GDP.


www.nationalreview.com...

Wait a minute, i thought my fellow trump supporters were just telling me what seemed like yesterday that bernie plans like free education for all and other plans that cost a few trillion dollars in one year would bankrupt the country?

Now i see some of the very same conservatives that were on places like twitter mocking people like me who wanted questions answered before giving a blank check to the government now seem shocked the number went from 2 trillion to 6 trillion.

Oh well, this is what people wanted! bring oun the bailouts of billion dollar corps, funding abortion providers, suspension of habeus corpus and printing of monopoly money with no end in site! Im sure nothing can go wrong!
edit on 24-3-2020 by Grambler because: (no reason given)



+4 more 
posted on Mar, 24 2020 @ 07:34 PM
link   
To put things in perspective, 6 trillion dollars given a population of 350,000,000 could distribute about $17,000 to every American citizen. Think how much that could stimulate everything. It wouldn't matter if joe schmoe blew it all on a trip to Maui, that's his prerogative, yet it would still stimulates the economy from the ground up.


+16 more 
posted on Mar, 24 2020 @ 07:37 PM
link   
a reply to: Grambler

So what is your grand plan then?

Your ideas on how to deal with the world economy right now?

Just waiting to listen to your peals of knowledge on how you would fix it.

Maybe a youtube video explaining it?



edit on 24-3-2020 by Lumenari because: (no reason given)



posted on Mar, 24 2020 @ 07:37 PM
link   
That is an insane proposal.



posted on Mar, 24 2020 @ 07:40 PM
link   
a reply to: Grambler

It seems we have severed an artery while performing a blood letting procedure for a minor ailment.
edit on 3/24/2020 by TheLead because: (no reason given)


+4 more 
posted on Mar, 24 2020 @ 07:41 PM
link   
a reply to: Grambler

I don't get why Trump keeps saying that we need to bail out the cruise ship industry!? What have they done for the American people during this crisis, or lately, except load up our ports with floating petri dishes. There's another cruise ship coming into Florida with a bunch of sick passengers in about a week.

miami.cbslocal.com...


edit on 24-3-2020 by Sookiechacha because: (no reason given)



posted on Mar, 24 2020 @ 07:43 PM
link   
a reply to: Grambler

F**k it, let's make it ten just to be sure we're doing it right.

But, from now on, we don't get to say anything about another country propping their markets or putting out fudged numbers. We don't get to say how we're some bastion of a democratic free market. Because it's BS, and we all know it.

Neither party gets to say a thing about how the other is authoritarian or socialist, because they've both proven to be.

Muh check, jus gib me muh check

Edit: obviously not aimed at you Grambler... I'm just ranting. Seems every 10 or so years we have to find something to throw trillions at.
edit on 24-3-2020 by CriticalStinker because: (no reason given)



posted on Mar, 24 2020 @ 07:44 PM
link   

originally posted by: Lumenari
a reply to: Grambler

So what is your grand plan then?

Your ideas on how to deal with the world economy right now?

Just waiting to listen to your peals of knowledge on how you would fix it.

Maybe a youtube video explaining it?




Well here is how i would start.

Start demanding answers to basic questions from the government before the take these radical authoritarian socialists policies, and stop criticizing people that are demanding answers to those questions.



posted on Mar, 24 2020 @ 07:46 PM
link   
a reply to: Sookiechacha

Well many fiscal conservatives have told me we have no right to question any of these prioposals.

Did you know that by questioning this its proof you want people to die?

Its true, I have been told so for a week now.



posted on Mar, 24 2020 @ 07:47 PM
link   
I am disgusted but until people decide to vote for someone other than an R or a D we are screwed.

Those few of us that want to vote third party are almost as bad preferring not to vote if their preferred party isn't on the ballot.

I would have preferred to vote for the VPOA in Oklahoma last election but we couldn't get on the ballot because you need to have 5% in the last governors election to be on the ballot for president.

So instead of voting trump or Hillary I voted for Stein because she at least was in a different party.



posted on Mar, 24 2020 @ 07:47 PM
link   
a reply to: Grambler

So why cant we pay the $23 trillion national debt if we can just pull 6 out of a hat for aid ?
edit on 3/24/2020 by Gargoyle91 because: (no reason given)



posted on Mar, 24 2020 @ 07:50 PM
link   

originally posted by: Sookiechacha
a reply to: Grambler

I don't get why Trump keeps saying that we need to bail out the cruise ship industry!? What have they done for the American people during this crisis, or lately, except load up out ports with floating petri dishes. There's another cruise ship coming into Florida with a bunch of sick passengers in about a week.

miami.cbslocal.com...





Who the hell would be foolish enough to even want to go on a cruise ship after this mess, there's no saving that business a bail out for them is dumb.


edit on 24-3-2020 by hopenotfeariswhatweneed because: (no reason given)



posted on Mar, 24 2020 @ 07:51 PM
link   

originally posted by: Grambler

originally posted by: Lumenari
a reply to: Grambler

So what is your grand plan then?

Your ideas on how to deal with the world economy right now?

Just waiting to listen to your peals of knowledge on how you would fix it.

Maybe a youtube video explaining it?




Well here is how i would start.

Start demanding answers to basic questions from the government before the take these radical authoritarian socialists policies, and stop criticizing people that are demanding answers to those questions.



A loan is not a socialist policy.

As to the crap that they have added to the basic bill, I agree with you.

What length of time should we discuss it?

Until we lose 40% of our GDP by tanking small businesses?

I mean, they will eventually come back with other owners, other people...

in 10 or 20 years or so.

So we will have the Totally Amazing Depression.

I don't like what is going on either.

However, I am asking again, what is your plan?

Because all I see you doing is bitching about the current solution without an alternative solution.



posted on Mar, 24 2020 @ 07:51 PM
link   
I can't believe how stupid this is getting. I just got laid off yesterday. I look at it like a vacation of sorts. I don't need help. I'm sure some people need help, but 6 trillion dollars? Let's not get carried away here.



posted on Mar, 24 2020 @ 07:52 PM
link   
a reply to: CriticalStinker

Yes i was being hyperbolic and sarcastic when i did my thread suggesting just to be safe we should stay under lock down for five years.

But this seems almost as ridiculous. Why stop a 6 trillion or 10 trllion.

Why not 50 trillion> The Fed can just print it tomorrow, and we need to do everything possible to fightthis thing, so why not.

Meanwhile, as I said all week, the socialists progressives will now use this to say "See the conservatives were lying when they said we could afford trillion dollar plans to give people free stuff they need!" So lets pass (insrt trillion dollar socialist policy)"

I said we should question it, i was told it was immoral and dumb to question it.

And just a few days later we have multi trillion dollar solutions ballooning every day giving everyone from abortion clinics to the post offices to cruise lines to airline companies billions of dollars. And I have already seen one conservatove on hear say 6 trillion wont be nearly enough!

All of this to fight a disease that trump said yesterday could kill up to 50000



posted on Mar, 24 2020 @ 07:52 PM
link   
a reply to: Irishhaf

Maybe everyone should protest vote, I mean everyone, the goverment doesn't serve it's constituents, the goverment is self serving and at beckoning call of their corporate overlords, it's time that changed.



posted on Mar, 24 2020 @ 07:54 PM
link   

originally posted by: Gargoyle91
a reply to: Grambler

So why cant we pay the $23 trillion national debt if we can just pull 6 out of a hat for aid ?


Its a great question.

if giving zero percent interests rates is so great as people are saying, why doesnt the government always offer them?

Id like to borrow a billion dollars at zero percent interest, its money I have to pay back right? So its a win win!



posted on Mar, 24 2020 @ 07:55 PM
link   
What a s#!t show. Power money grabs all over the place. The senior citizens who can still go out don't care about the virus, they're out buying a bag of candy at Dollar General. The parents are letting their kids run around and play in big groups down at the playgrounds. Everyone's an expert, a saint...yet nobodies practicing what they preach on Facebook. Give me my check so I can GO OUT and spend it, NOW! This is the HUMAN way.



posted on Mar, 24 2020 @ 07:55 PM
link   

originally posted by: Grambler
a reply to: Sookiechacha

Well many fiscal conservatives have told me we have no right to question any of these prioposals.

Did you know that by questioning this its proof you want people to die?

Its true, I have been told so for a week now.


Isn't that the same logic of passing the Patriot Act, we have to do this right now or were all going to hell in a hand basket!



posted on Mar, 24 2020 @ 07:56 PM
link   
a reply to: Lumenari

I have offered what I would do on another thread.

Until i have access to all the data the government has which they are not giving out, how could I answer exactly what I would do?

For starters, I would make my threshold for collapsing the economy and spending 6 trillion dollars much much hire than the 50000 trump suggested may die yesterday.

Doing nothing (which would be unforgivable) and having 1 million people die would still be better than giving the government a blank check and collapsing the economy.



new topics

top topics



 
31
<<   2  3  4 >>

log in

join