Message to Pres Trump, Democrats and the Koch ALEC Radical Anti American Right Wingnut Party:

[Razoo]

Millions have lost their jobs, More than 300,000 should not have died and thousands of employers are going out of business all due to the negligence of the right wing radical anti american GOP.

The employed did not ask the government to treat the coronavirus threat as if there was no reason for concern.


Why did the Capitol Hill GOP funnel billions upon billons of tax dollars from the COVID relief fund to white collar industries as we speak? This is reckless use of our tax dollars. White collar wealthy do NOT need bailed out.


CEO’s, upper level management, BOD’s need to cut their salaries and stockholders need to sacrifice their checks to keep their corporations in business.

ALL Stimulus money needs to be directed lower level workers the people who keep the economy going.

House and Senate and White House are completely out of touch with America.

We the people need $2400 twice a month indefinitely.

Elected officials pay themselves generously plus a variety of expense accounts while millions of everyday people struggle.

Ideally taxpayers should receive stimulus money @ $ 2400 twice a month until further notice to spend in the economy = economic growth indefinitely. WE know how to keep small business employers in business and we know that we create economic growth with our spending which in effect creates new jobs and secures existing jobs.

We taxpayers do spend big time in the economy which insures job security and plenty of economic growth. Home improvement, tires, food, mortgage or rent, books, school supplies, winter coats, shoes, utility bills, medical bills etc etc. After all tax dollars do belong to the taxpayers.


The part time living wage must be @ $33,000 annually or a full time living wage @ $64,500 annually.

We Need a People's Bailout NOW | OurFuture.org by People's Action

One of every five working Americans – more than 32 million people – have lost their job to COVID-19. A tsunami of evictions will come unless lawmakers take meaningful action now.

ourfuture.org

 

[joko104]

We the people need $2400 twice a month indefinitely.

Explain exactly why the government should take $2400 per month from me (meaning my children then too) and give it to you?

 

[Razoo]

You will get some too ...... and your children will have a stronger economy in their futures. Tax cuts for a preferential few are not an investment. Tax cuts are a liability to the not so wealthy portion of the population.

Because we citizens are the best investment and because we citizens will spend it in the economy thus job security thus economic growth thus small business
people can reopen or simply not close and the money belongs to the taxpayers. It's to keep the money and economy flowing.

Had the Trump people not been so damn stupid this conversation would not be taking place. Putting millions out of work lacks wisdom.

 

[weaver2]

Explain exactly why the government should take $2400 per month from me (meaning my children then too) and give it to you?

Someday you may grow up and then we can explain to you how you have been helped by others, how we are all in this together and why it makes sense make sure everybody is OK. In the mean time while you are still a selfish two year old mystified by the words "e pluribus unum" on Great Seal of the United States let me assure you that eventually even you will understand the need for civilized society to support each other. \

BTW, you could speed up your growing-up by reading about being your brother's keeper in the Bible.

 

[Razoo]

If Trump wins the economy will continue going straight to hell. The USA cannot afford a lackluster economy ever. Wall Street Profits will eventually start taking hits big time.

The Dangers of Private Debt | Dollars & Sense
The U.S. economy is in a bad way. An unprecedented pandemic-borne recession that saw the highest rate of swift job loss in history has strained a system—marked for decades by almost unfathomable inequality—to a breaking point.
None of this was inevitable.

The widespread decimation of livelihoods around the country was aided by an inept and sluggish response to the pandemic by the White House. And the refusal of some states to boost their unemployment insurance reserves following the 2008 crisis, coupled with an archaic approach to benefits for the jobless, made matters even worse.

There is, however, another underlying, subtle, and momentous threat that is concerning economists and the Federal Reserve and could endanger millions of Americans.

And that threat is high levels of private debt.

As I write, the mass of U.S. private debt (debt owned by individuals and companies) is roughly three times the size of U.S. GDP, and the total debt load is higher than it’s ever been—this is true in mortgage, auto, credit card, corporate, and, especially, student loan markets.

With such high levels of indebtedness, the current recession has the potential to cause even more severe economic hardship and greater inequality.

Of course, economists tend to argue that some amount of debt is essential to a growing economy. Through moneylending and the extension of credit, the argument goes, countries can be more efficient. It makes sense for an individual to take on debt when that debt can increase their purchasing power in the short run and help them finance investments.

After some time, an individual will pay back that debt and will hopefully have more wealth than they began with. Proponents of modern finance argue that the large sums of money the financial sector takes in are justified due to the sector’s overall impact on economic growth through this mechanism.

So why the concern about private debt?

Building a House of Debt
The Dangers of Private Debt | Dollars & Sense