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Wth happened to stimulus money thread?

Mr. Gibson

By Mr. Gibson
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rct

rct

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We don't get much, if at all.  The AGI number sounds like a lot but really isn't.  The taxes that go with a high AGI should immediately qualify you for a little slice back but no, that's not how they roll.  The more you pay the less you get.  'murica!

rct

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fortyearspickn

fortyearspickn

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Our grandchildren will be paying for it.  Wishing someone had just let their old granny die a year sooner. Meanwhile, speaking of old granny's - the Speaker of the House wants a Fourth Stimulus Bill.  They had openly declared they want to use this crisis to implement The Green New Deal.   Not defer or reduce 2019 Federal Income Taxes, or something logical.   I guess closing the coal plants and putting solar panels on everyone's roofs will somehow turn the economy around.   Declare coal miners jobs 'not essential' and  declare 'alternative energy workers' jobs   'essential'.  Get rid of cows.  But we'll all be riding horses.  

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gdecantoo

gdecantoo

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1 hour ago, fortyearspickn said:

Our grandchildren will be paying for it.  Wishing someone had just let their old granny die a year sooner. Meanwhile, speaking of old granny's - the Speaker of the House wants a Fourth Stimulus Bill.  They had openly declared they want to use this crisis to implement The Green New Deal.   Not defer or reduce 2019 Federal Income Taxes, or something logical.   I guess closing the coal plants and putting solar panels on everyone's roofs will somehow turn the economy around.   Declare coal miners jobs 'not essential' and  declare 'alternative energy workers' jobs   'essential'.  Get rid of cows.  But we'll all be riding horses.  

If we all sacrificed our parents and grandparents for the good of the country as a whole, wouldn't that be considered socialism?  I remember reading a quote somewhere to honor your mother and father. Being from Texas let me guess, your a Republican Christian? 

 

Edited by gdecant1
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badbluesplayer

badbluesplayer

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1 hour ago, fortyearspickn said:

Our grandchildren will be paying for it.  Wishing someone had just let their old granny die a year sooner. Meanwhile, speaking of old granny's - the Speaker of the House wants a Fourth Stimulus Bill.  They had openly declared they want to use this crisis to implement The Green New Deal.   Not defer or reduce 2019 Federal Income Taxes, or something logical.   I guess closing the coal plants and putting solar panels on everyone's roofs will somehow turn the economy around.   Declare coal miners jobs 'not essential' and  declare 'alternative energy workers' jobs   'essential'.  Get rid of cows.  But we'll all be riding horses.  

This is why they have Facebook, so guys like you don't invade the Lounge with your chronic digestive backpressure.  Can't you stay in the Acoustic section and say this stuff?  We don't do politics over here.  🙄

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gdecantoo

gdecantoo

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26 minutes ago, kidblast said:

Guys lets be  careful where you go when replying to posts, lets not get this thread locked.

Sorry guys, my Daughter and her husband have this crap. Should i sacrifice them for the good of someones wallet. That was just a disgusting comment.

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Black Dog

Black Dog

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Previous posts aside, anyone who thinks this evolving economic catastrophe is better than the Covid virus should read up on the effects of poverty, misery and death associated with economic recessions.  The data is out there and it's real.  We now have 10 million newly unemployed in the US and climbing fast.  The good news is that I think we are at or very near peak here and then things should start to improve quickly.  I hope.

https://www.ccn.com/chillingly-scariest-coronavirus-death-toll-may-not-come-from-covid-19/

Edited by Black Dog
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Black Dog

Black Dog

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On my way in to work this morning I heard that one of our regional hospital systems isn't going to be able to make payroll.  There are going to be many more to come.   All health care delivery systems in the US are being hit very hard by this financially and many, if not most, do not have the financial resources to ride this out.  These systems are largely funded by all these elective procedures that have now been cancelled.   This is all very bad.

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Mr. Gibson

Mr. Gibson

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7 minutes ago, Black Dog said:

On my way in to work this morning I heard that one of our regional hospital systems isn't going to be able to make payroll.  There are going to be many more to come.   All health care delivery systems in the US are being hit very hard by this financially and many, if not most, do not have the financial resources to ride this out.  These systems are largely funded by all these elective procedures that have now been cancelled.   This is all very bad.

USA will pull through. We always do. After this is over I want flour hoarders made into soylent green.

 

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Black Dog

Black Dog

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Oh, I have no doubt we'll survive this.  That's actually my whole point which is that I think the reaction to this is simply not justified by the data.  Unless they're lying to us about all of it which is possible.  

Edited by Black Dog
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zigzag

zigzag

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I'm having a hard time figuring out where mods draw the line. Once again, this thread is dripping with political innuendo, and it's easy for me to tell which side of the political fence each responder is on.  Seems these types of threads get locked/deleted right after I post (like the last one), and I don't really find my posts any more political than anyone else's.  I just respond to what I've read.

Seems to me, this virus has created a three dimensional problem. In one dimension, you have media coverage, public awareness, and its impact, in another you have  the health and welfare of humanity, and in another you have economics.  Where you come down in each of these perspectives (and the government's role in addressing these issues) seems to be a reflection of your politics.  

Edited by zigzag
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fortyearspickn

fortyearspickn

Posted
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On 4/5/2020 at 7:53 AM, gdecant1 said:

If we all sacrificed our parents and grandparents for the good of the country as a whole, wouldn't that be considered socialism?  I remember reading a quote somewhere to honor your mother and father. Being from Texas let me guess, your a Republican Christian? 

 

GDECANT1,       I an sorry if I offended you. I was trying to provide a perspective from the standpoint of how people will view the results of this crisis when we are all gone.   I'm in my mid-70s. My wife of 49 years (a retired RN)  had lung cancer 5 years ago and  was diagnosed with breast cancer 2 months ago:  Immuno-suppresed.   As you might guess,  I'm not really suggesting she and I should be thrown on the trash heap by our 9 grandchildren.    My point, obviously not clearly made,  was that we seem to have lots of information being thrown at us but the only solutions politicians are coming up with is to spend $4T, half of which will be on solutions to different problems, like air pollution.   Therefore, I was hoping to imply that we should be more informed and challenge our politicians at all levels before our freedom and our economy are gone.  Like many here, I've seen nearly 1/3rd of our 'retirement savings' disappear.  I'm sorry you have family members affected directly by the virus.   My son was laid off last week.  My other son has applied for an SBA Stimulus loan at the direction of his boss, the partner of a restaurant franchise.    Without that, the company will fold.  

So,  if I had my 'druthers I'd personally rather get this virus, be very sick, but recover after a month - than lose half my retirement, my job, or my home.  Of course, we don't get to choose! 

As a final note,   I apologize to those of you whom I offended.  It was not my intention.   I only attempted to provide a perspective of people looking back at this in the year 2050.  Of course, they will have 20/20 hindsight, which I do not.  I should not have attempted in this format to suggest I had insight into their interpretation of today's events.

 Yes, Republican. Yes Christian. Yes Texas. Yes Acoustic Forum poster.   Also, to complete the profile:  US Military Veteran, MBA, father of 4, MBA, Hospital Financial Director for 35 years.   

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zigzag

zigzag

Posted
Posted (edited)
On 4/5/2020 at 8:53 AM, gdecant1 said:

If we all sacrificed our parents and grandparents for the good of the country as a whole, wouldn't that be considered socialism?  

 

 

Short answer, no.

And that was a good response, fortyearsapickn. milod would have been proud of you. I happen to disagree, but I'm not really sure where I come down on the issues of economics versus health concerns. The reality is that a pandemic is a devastating event where there are no good options.

Edited by zigzag
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Black Dog

Black Dog

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14 minutes ago, zigzag said:

... I'm not really sure where I come down on the issues of economics versus health concerns. The reality is that a pandemic is a devastating event where there are no good options.

 

Both have to be weighed.   It's easy to say the virus is deadly so it must be stopped at any cost.  Well, obviously, it's the "all cost" part that you have to worry about.  Will widespread shutdown help slow the spread?  Yes, of course.   But that will cost many lives too.  Poverty kills, and not mercifully.

This pandemic has been dramatized and politicized and that's driving actions that are probably doing more harm than good.   It's the Katrina effect.  Ever since that event government officials have been so fearful of the coverage and politicization of their actions that they go way overboard on everything lest they be blamed for every life lost, as if they killed the people with their own hands.   That's usually OK for smaller scale and short duration events like a hurricane, but with something like this that effects an entire country or the entire globe, that's different.

Italy now has around 15,000 dead.  In an average Flu season they have 23,000 dead over a 6 month period.  It's not over yet,  but the numbers are falling so they'll probably end up in the ballpark of an average flu season.   What's the difference?

Neil Ferguson initially predicted 2.2 million deaths in the US.  Then he started backing off on that.  Now they are saying 100-200 thousand in the US.  It's not going to be anywhere near that.  I'll say maybe 30,000.

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