Yeah, but we're in a crisis. People don't have the luxury of thinking "per month" right now when they got bills to pay and no job. Romney's proposal is actually appropriate for what's happening. If the best idea Kamala has for this is hyping a two year old bill, it's embarrassing.
It's actually easier and more efficient to just give the money to everyone. Restricting it to umemployed citizens means it's going to take a lot longer for people to receive the cash, as you'd need a system in place to screen for that.
My wife and I are employed and struggling hard. We both rely on tips which are few and far between right now. So we need this real bad right now.
Which is a good thing actually. It keeps the economy ticking, need people spending on random more diverse segments of the economy.
Oh that's a good point. Perhaps it is better to just give everyone a smaller amount then. This whole pandemic thing blows.
No, we did not.https://twitter.com/davidfickling/status/1238208213184626693?s=20
The problem is they're trying to increase demand. We're experiencing a incredible drop in demand which is killing the economy. Everyone is only spending on essentials, give people money that they didn't have and they'll spend it on random shit boosting the economy overall. That's the logic anyways.
This is also a massive production shock as well. It's all sides of it.
Republicans have held up any and every excuse they can for cutting SS and Medicare for ages. So there's no way of stopping that, one way or the other. But at least with a check, you see maximum benefits to individual citizens vs the more corporate-friendly payroll tax cut. And besides the fact that it's harder for the average American to understand how the payroll tax cut effectively cuts off direct SS/Medicare funding at its source, rendering it an easier public sell for Republicans to justify cutting of entitlements.
Yep this too. I see covid-19 really speeding up the automation race as a result when the dust settles.
I should also mention that I have 5 roommates, not including myself (it's a big house).
Lol for real. Tf ima do with $500 a month? That don't even cover bills, let alone rent
Kamala's inability to hire competent social media staff apparently is a greater sin than a proposal to expand the EITC.
True, I missed the detail in Romney's proposal about it being one time. In any case, I hope whatever stimulus people receive is more substantial.
Romney plan is $1k per adult, which for a two adult household is the same as Harris's plan ($500/month per household) for 4 months and you get it all right now.
You absolutely don't want to be increasing taxes in a recession. You want loosened monetary policy and increased spending. The former is being done by the fed.
Correct, the issue is that her senate social media team is really bad and shouldn't be bringing it up without that context.
That plus remove online sales tax and cut down postage rates.
Because that doesn't help the unemployed that don't qualify for unemployment, or under employed.
Government stops collecting Social Security, Medicare and unemployment insurance. So you get to keep somewhere like 6.2% of your paycheck.
The entire hospitality and transportation industries (things like local metrorails) are going to be in need of massive amounts of help. Airlines are part of that but it needs to be a total package aimed at everything.
