You cannot get any dumber. Honestly...approx 300mil people will receive $1,400 but will owe $5,839 for the $1,400....LOL
Math is as follows: $422bil of the stimulus is the $1,400 per person so that results in ~301.5 mil people getting it. Now the entire Bill is $1.927Trn...divide that by the entire population (330 mil) and you get $5,839 per person. So we all took $5,839 of debt to give most $1,400....?
So, if someone came up to you on the street and offered you $1,400 for $5,839 of debt, would you take it? LOL. NO!!! But that is precisely what happened. If the Democrats (this was a partisan bill) truly wanted to help the common man why not give the full $1.927Trn to each eligible person instead or $6,393 vs. $1,400? Down up economics always work better than trickle down economics. Instead we have all this bullshit pork in there.
They claim it is a "COVID" bill but only ~10% is:
So why not call it the Bill for the people and actually give the money to the people? Instead we gave people more debt LOL. So stupid. I bet people would appreciate $6.4k more than $1.4k and that would truly help the economy and the people but the Democrats didn't want to help the people...just its voting base.
Math is as follows: $422bil of the stimulus is the $1,400 per person so that results in ~301.5 mil people getting it. Now the entire Bill is $1.927Trn...divide that by the entire population (330 mil) and you get $5,839 per person. So we all took $5,839 of debt to give most $1,400....?
So, if someone came up to you on the street and offered you $1,400 for $5,839 of debt, would you take it? LOL. NO!!! But that is precisely what happened. If the Democrats (this was a partisan bill) truly wanted to help the common man why not give the full $1.927Trn to each eligible person instead or $6,393 vs. $1,400? Down up economics always work better than trickle down economics. Instead we have all this bullshit pork in there.
What's in the $1.9 Trillion House COVID Relief Bill? | Committee for a Responsible Federal Budget
2021-02-18-The House of Representatives is currently in the process of considering the next COVID relief bill. Nine of the 12 House committees have approved legislation.
www.crfb.org
They claim it is a "COVID" bill but only ~10% is:
COBRA | 8 |
Paid leave | 0.4 |
School lunch | 7 |
Testing/Tracing | 50 |
Public Health Workforce | 19 |
Funeral Expenses | 47 |
Distribution | 10 |
Restaurants and Bars | 25 |
EIDL | 15 |
PPP | 7 |
Animal | 1 |
Total COVID | $ 189 |
Total Bill | $ 1,927 |
9.83% |
|
So why not call it the Bill for the people and actually give the money to the people? Instead we gave people more debt LOL. So stupid. I bet people would appreciate $6.4k more than $1.4k and that would truly help the economy and the people but the Democrats didn't want to help the people...just its voting base.