Trump Says Next Stimulus Check Will Be ‘Very Generous,’ Announced in Several Weeks
(www.theepochtimes.com)
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That’s a fantastic explanation, good job. Also, keep in mind that even if my state re-opened 100% tomorrow, I would not see positive cash flow for essentially a year. Not everyone goes back to work and gets a check in a week. I will go about 60 days before I get paid, that money will go towards paying expenses for the 60 days I worked but received no income. So, it will be about 5 months before I start being able to pay myself. Consider that 5 months combined with the 3 months I was forbidden to work by the state, and a few more months for normal fluctuations (slow pays, deals fall through, another coronavirus scare in the fall, slow winter/holiday, etc...) and I will have essentially gone a year without putting money into the economy. The only people I can afford to pay are my mortgage lender and creditors, that’s not helping my local economy.
I've been against the stims but tbh since the dems fucked us by extending the quarentine and then organizing in mass for no reason to "protest" which half the time seems to turn into rioting. I figure it would be a really good moral move to help the trump campaign. We have pretty stable currency here in the us and we're pretty good at catching up to our debt by growing although we shouldnt be relying on debt and assuming we can outgrow it eventhough statistically that's the case. We cannot grow forever although one day hopefully we'll look back and say "20 trillion debt? We should've taken more!" Like when we look back to what the debt was in past america.
If they gave out more money, I think I've been able to barely squeeze by considering how cheap I live compared to the normal poor person, for people in situations like mine, it might really improve their outlook towards trump.
I'd also rather have something like stimulus be giving out to stimulate the economy coming out of the pandemic under a president that knows what they're doing like trump does rather than do it with someone like obama who would probably fuck it up out of sheer incompetence and get people killed or somethings stupid like that. If anything goes wrong, trump is quick on his feet and ready to counter any problems that arise. While creating more jobs and bringing back more of our money from CHYNA
I do believe we should only rely on stimulus for emergency type situations considering we have the most secure currency on earth. A stimulus won't fuck us up like it will to other countries. At least not if we do it extremely sparingly.
Again, I'm against the stimulus and I want to get to a point in my life where I could turn it down. I may even be very close to that point now but not everyone is me. A stimulus at the beggining of the pandemic and the end sounds good to me if trump can do it right which it seems hes good at considering how well the last stimulus went. It's also not the first time weve done stimulus in the US.
To me it's more about us showing the people struggling that we're here to help them. It's enough money to get the oil changed on your car, fill it up with some gas and keep the lights on and the fridge full for one more month while you go out and find a newer, better, and a job you like more than the one you had prepandemic.
I also honestly believe if the government can waste 8 trillion in the middle east and trump has to fight tooth and nail to just get is some new infrastructure, if he can get a couple grand in the pockets of every day people for having to deal with the Democrats bullshit, that will make him darn close to a hero for many.
Also theres a lot of broke ex dems in California that need a gun to protect themselves I bet you.
He should announce the next stimulous at the same time announcing some kind of national conceal carry EO and using the consitution as the law of the land as intended. If obama can do sanctuary cities, we can do legal nationwide constitutional concealed carry! Why do I have to go through a whole process, give the government my fingerprints and information and wait a bunch of time just to be able to go from carrying a gun on my hip to putting it in my pocket? I do not want to be a target! I want to hide my gun and the democrats are trying to make that harder for me to do by punishing us for the evils of bad people. Makes no sense!
These are just my thoughts at the moment. If the democrats fuck it all up and try to burn the consitution in the stimulous bill I will be firmly against it because I love america. I have enough money on hand to barely get buy until my business is open reguardless, although this money could be used for things that have gone out of my budget because of the pandemic. Things like buying a gun, getting a couple cavities filled. Multiply that buy everyone. A couple of inches of breathing room can mean a lot to people. So ultimately it's up to trump to sign the aid bill and I'm fine either way whether he signs it or not. I just want the best for america. If there's really that many people out there struggling because the dems fucked them then go for it. They cannot lock us back down when its their fault for organizing in mass and still bitching about is doing a rally!
Keep on uniting america Trump we are with you!
I can’t really defend another stimulus, but I can say a lot of people work under state licenses (I’m one of them). The states that have had the tightest grip on opening up their economy (of which I’m a resident) have artificially restricted people’s ability to earn a living. Barbers, restaurants, real estate agents, etc... have been the play things of tyrannical governors. “Going into the the green” really translates to “ we will shift goalposts whenever and however we’d like”.
The words say the restraints are lifted, but the language and practice is that of complete restriction. So, again, I’m not saying a second stimulus is the way to fix this. I’m just saying a lot of people are still not able to earn a living. I can’t wait to vote in November.
Shutdowns still caused a lingering massive unemployment even if the Kung Flu wasn't all it was made out to be. Although I'd suspect the main reason behind another stimulus check is so people go out and spend it to get the economy back to normal.
Bingo. They want to help people buy getting some more money out in the system moving again. People got broke, now they're scared to spend their money because they need to save some. Another stimulous as long as it's the last would get money back put in the economy and allow us broke people to save a couple bucks so we dont have yo take a stimulous if this ever happens again.
I'm going to add that I could be wildly wrong and another stimulus could kill is all through starvation but I dont think giving everyone another 2 grand is going to do that in america. NOW if we gave everyone that money EVERY MONTH FOREVER IT WOULD BE THE END OF AMERICA AS WE KNOW IT. FULL BLOWN SOCIALISM THAT WILL KILL IS ALL.
I think trump knows there's a lot of sad people out there that are really struggling with hearing the democrats trying to shut them all down again after knowingly spreading the virus through their useless protests after they just spent like 2 months bitching about anyone who lef their house. It's enough money for you to pay the light bill and keep your kids fed while you get some gas and go look for a newer and better job!
Yeah, I'd like to know as well. I'm sure GEOTUS has his reasons, but I'd rather another stimulus not be given. I think it's overall not good for the long term economy.
If we keep passing stimulus it’s less and less incentive to actually open back up.
Reopening and getting the fucking Kung Flu behind us should be top priority. We really don’t need to drag it on any longer. We really need to stop pretending like it’s a huge Black Plague-like deal.
They are only going to order more pallets of bricks.
Inflating the US dollar makes it so companies in the stock market get more wealthy yet average Americans are less wealthy.
The NYSE is one of the worst institutions created in US history, it's almost as bad as the fed. In a true free market system it would've failed and been shut down many times but our government keeps bailing it out.
The stock market is corporatism not capitalism.
I dont know about that my guy. The stock market provides a lot of opportunity for regular people to make some dough although I DO NOT TRUST THE STOCK MARKET because it's all speculation. I'd rather build my business myself for more reliable income.
The stock market doesnt concern me. If you make money it's because someone else lost it. If you buy microsoft stock and it goes up it's because microsoft made a profit and you get a cut of that in proportion to the stock you own. You can lose money if the company stock you buy operates at a loss and doesnt grow. Thats why I dont think it's a scam. It's essentially high level gambling. Which is everything when you look at it. I'm starting my leather business and it's a gamble that it will even break even. You can gamble your money building a business pr you can gamble it buying stock for companies that you dont really know how well they're being run or not.
The way I see it, stocks are something you throw your extra money into. Once your Bill's are paid, your business is bringing in dough, your kids are fed and every expense you have is shorted. If you got 10k left to spend, throwing it in some tesla stock might not be the worst idea you could have. If you lose it, so what? It was extra anyway! You could spend it going on a vacation that doesnt even have a chance at making you any money. Its not my job to tell people how to spend the money they made because no one is going to tell me how to spend the money I plan on making.
Right now I'm broke as fuck though because I've dumped all my money into starting my business which is probably 95% of the way to finally opening for the first time. So I dont buy stocks lol. If I could buy a stock the first stock I'd buy would be my own company if I could because I'm the only person who knows how well I'm putting my business together. I I dont know what microsoft or tesla is doing. I dont know who they're hiring. I can still bet they'd make some dough but ultimately I'd rather trust myself before trusting a business I've never been too or ever physically even touched their product. If I had tons of money I would invest in more than just my business of course.
I'm sorry but I disagree with you on this one. The stock market is one of the greatest opportunities in america. Even if every single company on the exchange fails today and we have all knew ones on the exchange in 50 years, it would still be a major tool for bringing people farther away from poverty. You arent garenteed a profit on stocks and it can be harder than it looks to make money anyway. It's the opportunity that matters.
The stock market is why many small businesses like your own, just go out of business. Publicly traded corporations don't need to earn a profit, this allows them to offer prices that people who need to live cannot. It is massively putting small businesses out and replacing them with major corporations.
These corporations, are not allowed to fail, the government bails them out 100% of the time. It's not free trade or equal opportunity. It's cronyism.
This is very complex and complicated so read at your own risk.
If Walmart doesnt turn a profit it will go under faster than you can say "mcdonalds gave me diabetes"
The government also doesnt bail them out 100% of the time. There isnt enough money that exists to bail out every corporation every single time it needs help. Bailouts even often come with the expectation of paying some of the money back. Not to mention the people who work for them need the money and they spend it at the grocery store and buy products like mine. Example, Enron. Everyone said it was too big to fail. It failed, catastrophically. Literally almost overnight.
How would the stock market drive me out of business if I'm allowed to invest in it with funds from my business? What if my business grows and gets added to the exchange one day? While I agree we bailout many businesses that shouldn't ever get a bail out. Many businesses just have to die so others can be born. Corporations employ half of americans. Many hate to employ americans. That doesnt mean they can survive without turning a profit. I think youd actually be surprised just how little it can take to sink a corporation to the point of no return. Many are already closer to this point than they like to admit. If they're not making money, they're not getting paid and I have yet to meet anyone who wants to work for a corporation for free.
You watch, if Walmart doesnt turn a profit for 3 months straight you can bet your ass the vast majority would close down. It probably wont happen to walmart because it's in the food business but It costs a lot of money to run a corporation. They absolutely have to turn a profit or else they will fail. Every business exists on a bell curve. There is no such thing as a business that's too big to fail. Walmart only has a little bit of money to get buy if they arent making any money and begging the government for a bailout. Walmart wouldnt be able to live of bailout money for long either.
I'm able to keep my small business from going under WAYYYY easier than it is to keep many corporations from going under just because my operating costs are so low in comparison. I'm my only employee. What kills small businesses is forcing them to go through a bunch of useless red tape, or being forced to pay certain employees more than they're worth when all they do is sweep the floor and demand 15 bucks an hour.
My small business literally makes me almost nothing at the moment but it's at near zero risk of going under because it almost costs nothing to run compared to say, tesla or Microsoft.
I want to make it clear that I'm not arguing I just think the situation is WAY more complex and complicated than "stock market bad" the stock market is actually a good thing. It's completely voluntary to participate. I can make money with my business and invest in these corporations and make more money for my business. By giving them money through the stock market, they have money to use, if they use it and grow they give you a profit off your investment. How is that a bad thing? It literally allows anyone with a couple bucks in their pocket to bet which businesses will and wont make money.
That being said I have plenty of examples of why small business is both good and bad for corporations. For one, without small business there is no such thing as big business. Someone built the walmart. Someone made the bread they sell. All the products they sell are made by small businesses that grew into bigger businesses. I for example work in the leather industry. It's mostly entirely made up of small businesses. Individuals each running their own shop and perfecting their craft. I can guarantee you I can get you a belt, bag, wallet, whatever it is for way better of a price in relation to quality that you would get as say. Jcpenney. . You go to jcpenney and buy a wallet, you'll be buying another wallet from jcpenney in 3 years. They wear out. They are cheaply made. Some people need that because it's all they can afford. Corporations are good for this reason but if you save a couple more bucks you can buy a wallet from a guy like me for a little bit more, but it will literally last your entire lifetime and get better with age, not worse. Multiply this across all kinds of fields, across all kinds of situations and believe it or not corporations compliment small business and small business compliments corporations nicely. IF the small businesses and corporations are run correctly. I am totally aware of corporations trying to kill small business but that is not a corporation problem that's a mismanagement problem. A good boss in charge of a corporation would want to encourage small business if they knew what they were doing.
Walmart started as a small business family store one day in the past. The answer is not as simple as "corporation bad" and "stock market bad" if you know business you should be able to prosper in both simultaneously. Without small business you dont gave big business. Corporations are also more capable of doing larger tasks small businesses have a hard time doing. Like managing large supply chains and managing mass amounts of employees to accomplish larger tasks small businesses couldnt even dream of doing.
It's more about making sure the corporations behave correctly than it is assuming all corporations are bad. My main issue with corporations is that they put profits over product. That's not a corporation problem, that's a mismanagement problem. Most businesses are mismanaged. Most corporations are mismanaged. That's doesn't mean the stock market is evil.
If tesla is having a good year I'd highly reccomend throwing your extra bucks into some stock because it's going to make you more wealthy. That's not a bad thing. If you know what you're doing, corporations and small businesses are your best friends. That being said, most people do not know how to manage a small business let alone a big one. To me as someone who is in business, it's a mismanagement problem mainly. If you put profit over product then the product wont be worth buying. Greed is the problem. That's an individual problem, not a corporation or stock market problem.
I do not struggle with greed because I worship God, not money. Because of that my products are better than the average competition, and whether I make a little money or a lot, it wont sink my business because I wont be withdrawing that money for myself. I will use it to grow the business into a bigger business that is capable of doing more. This is the problem. Greed which leads to mismanagement. If you got the proper people in charge who understand these things, both corporations and small business will grow together as a team.
I'm not concerned with the stock market as much as I'm concerned with forced raising of wages I cannot afford to pay. Or stupid and unsessesary red tape. Corporations can deal with red tape. If I'm not working because im dealing with bullshit, then I'm not making money. Walmart can deal with red tape and sell product at the same time. Even walmart cannot afford permanent raises constantly or to forever be concerned about money only. They need so much money to operate. If they dont bring in money, they have no money to operate, and operations slam to a halt unless they find funding or take on debt which is basically just a bandaid on the bleeding.
The stock market is your friend if you're running a business. You can invest your profits you made, make some money and lose some money and you can put what you made back into your business. The stock market is your friend, the corporations can be your friend if they're run correctly.
There's literally corporations out there and their sole job is to help you grow your small business. They make it a business to help you with your business. Corporations arent the problem. Its greed and mismanagement among other problems simply because or economy is so vast and large. Its WAY WAY WAY more complicated than "stocks bad"
Just my two cents into the subject. I've thought about whether corporations are good and bad before. We are lucky and fortunate to have an economy where half the jobs are corporations and half the jobs are small business although I would prefer a strong small busienss economy. Corporations still employ us and they have money to spend on products that people like me make.
Mismanagement is the problem. Its bosses and leaders that dont know what they're doing but pretend they know what they're doing. Usually the mismanagement comes to bite them. For example, amazon. Amazon is very shady concerning their business practices surrounding small businesses. Nowadays they sell cheap chinese shit and I haven't shopped on amazon in years because the products are crap.
Mismanagement is the problem. I left college after going for a useless business degree and one of the first things they tell you about corporations is that they exist to turn a profit. If they arent turning profit they are less than useless. This isn't new news. Corporations that are mismanaged will usually sort themselves out of business by their own doing. We literally cannot afford to bail out businesses that's why we usually bail out businesses that are important infrastructure and not much else. Things like the airplanes and food, the farmers. Enron failed and weve been fine since then. We can only bail out the things we think will actually bounce back and give us a return on the bailout. Most businesses and corporations that are failing will not be saved by a bailout because the problem isnt the money its everything else. If everything else was working they wouldn't need the money.
Please guys. If you have extra money. Toss it into some stocks. The big businesses cannot survive without the small businesses. Someone has to fix their AC when it breaks. Small businesses fix their freezers when they go down. The small businesses and big businesses rely on each other. The corporations not falling into this situation aren't because they're most likely mismanaged or they are a business that isnt serving a useful purpose and needs to die. No bailout will stop that. Stop acting like the government bails everyone out if their labeled a struggling corporation. They dont. If microsoft commits suicide the government could give them infinite money and it still wouldnt he enough. It's way more complicated than "stocks bad"
Edit: the corporations also pay most of our tax money to the government. I think they still pay too much taxes. I think we all pay too much taxes. That being said, a corporation is capable of dealing with vastly larger amounts of money than my small business. That's not always necessarily a bad thing. There are plenty of benefits to corporations especially if they work with small businesses, which most do. I worked for a grocery store chain in high school. They relied on small businesses for A LOT of things. You kill the corporations, you kill the small business. You kill the small businesses, you kill the corporations.