No one is getting a $2000 check or refund

[meaner gene]

Republicans mail out dividend checks for all the money they saved.

Instead of bribing people with the money they saved, how about paying down the national debt with the money they saved.
That would benefit everybody with increasing the US credit rating, and drop interest rates.

A drop in interest rates raises all boats.

 

[toobfreak]

And republicans look for ways of spending more, without worrying about how to pay for it.

Strangely enough, I've yet to ever receive any refund check for money saved from any democrat.

 

[initforme]

Imagine how the economy benefits from everyone getting a 2000 check. The nation benefits.

 

[toobfreak]

Instead of bribing people with the money they saved,

You mean giving people back their own money so they can spend it as they see fit. Of course, we know that no democrat has ever tried to bribe any voters with promises.

how about paying down the national debt with the money they saved.

Agreed. I thought the same thing myself. It would be nice to get the check, but if our debt is as serious as they say, maybe all these checks would be better used if applied to the debt.

Assuming 300 million taxpayers, that could amount to 600 billion dollars. In other words, basically giving back or saving all that Biden wasted on helping Ukraine.

Then again, with a debt of nearly 34 trillion, is saving 0.6 trillion really that big a deal?

 

[HikerGuy83]

And republicans look for ways of spending more, without worrying about how to pay for it.

And democrats don't?

 

[HikerGuy83]

Then again, with a debt of nearly 34 trillion, is saving 0.6 trillion really that big a deal?

The debt is higher than 34 trillion and we need the year to year deficit to evaporate.

We are paying over 1 TRILLION in INTEREST each year now just for the debt.

 

[toobfreak]

The debt is higher than 34 trillion and we need the year to year deficit to evaporate.

Yeah, I kinda thought it might be higher than that now.

I remember back about 15 years ago when Obumma was in office and the debt was around 21-22 trillion hearing reports that if/when it reached 24 trillion, that was the cut off point and at that point, 100% of our GDP would be going into just paying on the interest.

Apparently either someone lied or the Fed Reserve or somebody has been doing some real funny business with the dollar.

 

[struth]

And republicans look for ways of spending more, without worrying about how to pay for it.

Trump just reduced the xiden deficit

Why can’t you leave your bubble?

 

[Lesh]

Learn what the law is first dembot

My largest issue is all the bailouts for big insurance companies

Which “bailouts “ had anything to do with the ACA?

 

[Lesh]

Trump just reduced the xiden deficit

Why can’t you leave your bubble?

Really? How much?

From 1.8 T to 1.78 T?

Hardly something to brag about

Especially considering the first year of an admin uses appropriations from the previous year

 

[HikerGuy83]

Yeah, I kinda thought it might be higher than that now.

I remember back about 15 years ago when Obumma was in office and the debt was around 21-22 trillion hearing reports that if/when it reached 24 trillion, that was the cut off point and at that point, 100% of our GDP would be going into just paying on the interest.

Apparently either someone lied or the Fed Reserve or somebody has been doing some real funny business with the dollar.

What you probably heard and what is correct is that 24 trillion is our GDP. Meaning out deficit is equal to our GDP. There are other countries in that position.....it's not a good place to be.

When we hit 34 trillion, that will be 100,000 for every man woman and child in the U.S.

We are paying 1 trillion in debt service alone. That is incredible.

Most right wing think tanks put the cliff at about 40 to 45 trillion.

 

[Papageorgio]

Let’s be clear. Donald Trump promised a $2000 dividend.

That could mean two things, in both scenarios you ain’t getting no check or refund.

Scenario 1) Donald Trump actually means a check, in the sense that most people probably interpreted Trump‘s promise in social media.
Or a refund if you choose to receive the funds electronically. In this scenario, Trump lied because he does not know for sure that this money will be approved by Congress, which would require 60 votes in the Senate. And the barriers are too strong. Not passing for sure.

Scenario #2: Trump was being slick and he actually meant some bullshit life, “I meant the money from the tax cuts already passed in the big beautiful Bill”. Treasury Secretary Bessent already took care of that part by saying that this may be how people will get the money.

In this second scenario, of course you’re not getting a check or refund.

Just making sure you’re not making any plans with these free $2000.

Hope we don’t get any money back from the government, we need to pay debt down, not money for imaginary inflation.

 

[roderick]

If it comes, then it will be done for Christmas. Good political timing.

I have not followed this much, but it's mostly out of my control. I don't count on such things. If there is such money, then it will be inflationary.

 

[Lesh]

What you probably heard and what is correct is that 24 trillion is our GDP. Meaning out deficit is equal to our GDP. There are other countries in that position.....it's not a good place to be.

When we hit 34 trillion, that will be 100,000 for every man woman and child in the U.S.

We are paying 1 trillion in debt service alone. That is incredible.

Most right wing think tanks put the cliff at about 40 to 45 trillion.

Our deficit (1.8 T) is not equal to our GDP

Jesus shut up

 

[Marchimedes]

Let’s be clear. Donald Trump promised a $2000 dividend.

Seems to me if you are starting a whole thread about this and in your OP you lead off with that you would've shown some evidence instead of just fu(kin saying it.

 

[Marchimedes]

Meaning out deficit is equal to our GDP.

Our deficit (1.8 T) is not equal to our GDP

He probably meant the national debt but doesn't really understand The King's English.

O economics, or math, or which way is North...

 

[Lesh]

Our deficit (1.8 T) is not equal to our GDP

He probably meant the national debt but doesn't really understand The King's English.

O economics, or math, or which way is North...

He’s an imbecile

 

[Marchimedes]

He’s an imbecile

To me so far he just had a typo kinda moment. I can see mixing up debt and deficit. Or wax/wane, imply/infer, flotsam/jetsam, welfare/earned income...

 

[toobfreak]

Most right wing think tanks put the cliff at about 40 to 45 trillion.

So, we are within a decade of the true collapse of the USA.

 

[Lockback]

So, we are within a decade of the true collapse of the USA.

Yep.
And I'd guess a civil war well before that that will lead to the total collapse.