The $1200 helps everyone, quickly, there are other plans like the additional $600 unemployment buffer that should rollout only to the unemployed.
The issue now is the government trying to figure how to get the money out faster.
The way to get money out faster to the people is to get rid of Democrats. I hope we all remember that next election.
Senate Democrats on Thursday blocked legislation to add $250 billion to a small-business loan program designed to prevent layoffs during the coronavirus outbreak. The move means that Congress won&#…
nypost.com
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Democrats, led by Minority Leader Chuck Schumer of New York, had pushed for a package totaling $500 billion, including the $250 billion in small-business funds and an additional $100 billion for hospitals and $150 billion for states and local governments.
Yes, and Republicans met him half way by allowing the spending for small business, given the fact small businesses are our largest employers in this country. But you know how Democrats are, it's either all their way, or no way at all.
Actually, the Dems want more and McConnell is cheapening out.
The matter will be resolved next week.
Yes, he's trying to keep unnecessary spending down. The point is that it's the Democrats who are holding up the works, not the Republicans.
WTF?
He is already at $2.2 trillion with no end in sight
Why are you worrying about it? You didn’t mind Obama throwing money at the economy in 2009.
That’s the point
Investors had pulled out of the market. Employers were laying off 750,000 a month. An influx of cash was needed to stimulate the economy. Republicans bitched about $800 billion
Today, we have millions unemployed. Not because of a bad economy but because Business is shuttered due to an infectious virus. No amount of money is going to change that. Yet Trump threw $2.2 trillion at it.
We are in a recession and almost a depression if we don't act quickly. This economy is not going to bounce right back after the Covid-19 threat disappears. The summer is a loss for the trade and tourism season. People are not going to start spending money right away, people will behind in mortgages, rent and other bills. This is going to take several months t get up and going again, this is as bad as I have seen in my life time.
Exactly right
That is why we should not start pumping money into the economy until it is open for business.
So in the meantime, families go without and wait to get kicked out of their homes and it's all good because we need to wait until it is over. I was against the last bail out in 2008 under Bush, because it was greedy being greedy that got the world in trouble.
This is much different, this is government preventing the spread of the virus. People in real need, need to survive through this. They need to not lose further ground because of something they can't fix on their own. Small businesses have been shuttered and the longer it takes for them to reopen, the less that will reopen. Much of this money will keep people afloat until the bans are lifted. Profits for 2020 will be gone and the employment rate will stay high because there is nothing to go back to.
I am for the poor, the families that are struggling, the small businesses that have been devastated in all of this. Big corporations are not hurting as bad as the little guys and it is the little guys that need the help, not the big corporations. Of the $2 trillion, more should have been aimed at helping the middle class, the poor and small businesses that carry America on their backs.
