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+---- Thread: 1.5 Trillion! (/Thread-1-5-Trillion)
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1.5 Trillion! - jj22 - 03-13-2020
Just like that!
Problems we could have solved if they wanted to with that money alone.
Student Loan Debt
Social Security funding
Healthcare funding
Medicaid funding
Medicare funding
Snap funding
Housing Assistance funding
All could have been taken care of for a generation with these funds.
Yet they act like there's no money or ask how are we going to pay for it.....
But as soon as billionaires lose a little money POOF. 1.5 trillion dropped without batting an eye.
So think about that. We could have solved nearly all of Americans funding issues for the poor, elderly, and middle class any time we wanted to. But they refused.
RE: 1.5 Trillion! - michaelsean - 03-13-2020
(03-13-2020, 10:42 AM)jj22 Wrote: Just like that!
Problems we could have solved if they wanted to with that money alone.
Student Loan Debt
Social Security funding
Healthcare funding
Medicaid funding
Medicare funding
Snap funding
Housing Assistance funding
All could have been taken care of for a generation with these funds.
Yet they act like there's no money or ask how are we going to pay for it.....
But as soon as billionaires lose a little money POOF. 1.5 trillion dropped without batting an eye.
So think about that. We could have solved nearly all of Americans funding issues for the poor, elderly, and middle class any time we wanted to. But they refused.
Can you explain what you are referring to?
RE: 1.5 Trillion! - Luvnit2 - 03-13-2020
(03-13-2020, 10:42 AM)jj22 Wrote: Just like that!
Problems we could have solved if they wanted to with that money alone.
Student Loan Debt
Social Security funding
Healthcare funding
Medicaid funding
Medicare funding
Snap funding
Housing Assistance funding
All could have been taken care of for a generation with these funds.
Yet they act like there's no money or ask how are we going to pay for it.....
But as soon as billionaires lose a little money POOF. 1.5 trillion dropped without batting an eye.
So think about that. We could have solved nearly all of Americans funding issues for the poor, elderly, and middle class any time we wanted to. But they refused.
Please explain how adding expensive programs will reduce the deficit.
RE: 1.5 Trillion! - Nately120 - 03-13-2020
The government supposedly works for us, yet they are allowed to print money and if we do they will gleefully put us in prison. I tells ya, things is all mixed up!
RE: 1.5 Trillion! - Mike M (the other one) - 03-13-2020
(03-13-2020, 11:09 AM)Nately120 Wrote: The government supposedly works for us, yet they are allowed to print money and if we do they will gleefully put us in prison. I tells ya, things is all mixed up!
Yea that new ink is so much harder to get!
RE: 1.5 Trillion! - jason - 03-13-2020
(03-13-2020, 10:42 AM)jj22 Wrote: Just like that!
Problems we could have solved if they wanted to with that money alone.
Student Loan Debt
Social Security funding
Healthcare funding
Medicaid funding
Medicare funding
Snap funding
Housing Assistance funding
All could have been taken care of for a generation with these funds.
Yet they act like there's no money or ask how are we going to pay for it.....
But as soon as billionaires lose a little money POOF. 1.5 trillion dropped without batting an eye.
So think about that. We could have solved nearly all of Americans funding issues for the poor, elderly, and middle class any time we wanted to. But they refused.
Tighten up your bootstraps son...
RE: 1.5 Trillion! - jj22 - 03-13-2020
See how easy it was to spend 1.5 trillion. Americans didn't even notice it happened (Clearly).
Wall street was bailed out yesterday and folks didn't even notice.
Again, that 1.5 Trillion they just spent to bail out Wall Street was enough to pay for all that I listed. Yet they wouldn't. Now we know it's not an issue of funding or how we are going to pay for it.
It's who needs it.
I guess no one is going to care about the debt again until a Dem try's to use some funds on the poor.
RE: 1.5 Trillion! - Nately120 - 03-13-2020
(03-13-2020, 11:52 AM)jason Wrote: Tighten up your bootstraps son...
This reminds me how my friend and I were discussing some of the best "totally missed the point" statements and social artifacts. Pull yourself up by your bootstraps was a sardonic comment because it was an impossibility or a foolish task and yet people say it sincerely (not saying you are).
RE: 1.5 Trillion! - michaelsean - 03-13-2020
(03-13-2020, 11:54 AM)jj22 Wrote: See how easy it was to spend 1.5 trillion. Americans didn't even notice it happened (Clearly).
Wall street was bailed out yesterday and folks didn't even notice.
Again, that 1.5 Trillion they just spent to bail out Wall Street was enough to pay for all that I listed. Yet they wouldn't. Now we know it's not an issue of funding or how we are going to pay for it.
It's who needs it.
I guess no one is going to care about the debt again until a Dem try's to use some funds on the poor.
You think $1.5 trillion could pay for all of that? For how long?
RE: 1.5 Trillion! - Nately120 - 03-13-2020
(03-13-2020, 12:02 PM)michaelsean Wrote: You think $1.5 trillion could pay for all of that? For how long?
If it's not enough couldn't we just print more? The toothpaste hain't goin' back into the tube on this one. This started with Nixon going off the gold standard or something. I used to be more well-read in my arguments against the powers that be but I've gotten lazy and stopped writing folks songs where I play the harmonica in one of those neck-brace looking holders.
RE: 1.5 Trillion! - jj22 - 03-13-2020
Sorry, not all total (because of student loan debt), but any of them individually or combined without student loan debt.
https://pbs.twimg.com/media/ES_6z10XQAUbLaq.jpg:large
RE: 1.5 Trillion! - Nately120 - 03-13-2020
(03-13-2020, 12:34 PM)jj22 Wrote: Sorry, not all total (because of student loan debt), but any of them individually or combined without student loan debt.
https://pbs.twimg.com/media/ES_6z10XQAUbLaq.jpg:large
If student loan debt is gone I'll only have giant piles of medical debt and medical debt-enforced bankruptcy to sift through for my job! Think of ME wouldja?!
RE: 1.5 Trillion! - CJD - 03-13-2020
Is this money like the money they bailed out the banks with? Because, if I'm not mistaken, that money was eventually paid back.
https://www.politifact.com/factchecks/2012/oct/25/barack-obama/barack-obama-says-banks-paid-back-all-federal-bail/
Now, I'm not saying that forgives the fact that, whenever corporations or billionaires need a bailout, the money is available but when the people need a bail out they can go **** themselves, but the fact that this money was paid back does make it different than the money that would be used to, for example, cancel student debt (which would never be paid back, obviously, as that is the point of forgiving it.)
RE: 1.5 Trillion! - Belsnickel - 03-13-2020
If I was not on my phone I would explain in detail why the premise of this thread is wrong. Since I am I will just say that the cash injected into the economy like this is a specific tool for use by the Fed for this specific sort if thing. It is not a bailout of Wall Street, the money could not have been used for anything else, and the efforts to make these claims are coming from a place of ignorance or bad faith.
RE: 1.5 Trillion! - GMDino - 03-13-2020
(03-13-2020, 07:43 PM)Belsnickel Wrote: If I was not on my phone I would explain in detail why the premise of this thread is wrong. Since I am I will just say that the cash injected into the economy like this is a specific tool for use by the Fed for this specific sort if thing. It is not a bailout of Wall Street, the money could not have been used for anything else, and the efforts to make these claims are coming from a place of ignorance or bad faith.
![[Image: giphy.gif?cid=790b76118a8b757864eca092c5...=giphy.gif]](https://media0.giphy.com/media/3o7WIwkSmw32NgXvTG/giphy.gif?cid=790b76118a8b757864eca092c5c999b7db0e794198cad222&rid=giphy.gif)
RE: 1.5 Trillion! - SunsetBengal - 03-13-2020
(03-13-2020, 11:54 AM)jj22 Wrote: See how easy it was to spend 1.5 trillion. Americans didn't even notice it happened (Clearly).
Wall street was bailed out yesterday and folks didn't even notice.
Again, that 1.5 Trillion they just spent to bail out Wall Street was enough to pay for all that I listed. Yet they wouldn't. Now we know it's not an issue of funding or how we are going to pay for it.
It's who needs it.
I guess no one is going to care about the debt again until a Dem try's to use some funds on the poor.
Except that like it or not, all of us (100%) of our lives as we know them exist in some part, because of the banking system. We are the largest economy on the planet. If the US fails, the World fails. And, these aren't "gifts" they are overnight loans that are paid back the very next morning.
Comparing them to irresponsible debt, like student loans and such is just misguided emotion.
RE: 1.5 Trillion! - NATI BENGALS - 03-13-2020
I could have bought so much toilet paper with that
RE: 1.5 Trillion! - NATI BENGALS - 03-14-2020
I had CNBC on this morning and munchkin was on there talking about this. He said this was only the 2nd inning of a 9 inning game. I took that to mean more corporate bailouts are in the works.
RE: 1.5 Trillion! - Arturo Bandini - 03-14-2020
Socialism for rich people.
RE: 1.5 Trillion! - Dill - 03-14-2020
(03-13-2020, 08:21 PM)SunsetBengal Wrote: Except that like it or not, all of us (100%) of our lives as we know them exist in some part, because of the banking system. We are the largest economy on the planet. If the US fails, the World fails. And, these aren't "gifts" they are overnight loans that are paid back the very next morning.
Comparing them to irresponsible debt, like student loans and such is just misguided emotion.
STudent loans have helped millions through college, helping the nation in general.
Why are they irresponsible debt?