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Jayson

The US Government Giving Citizens Money

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They plan to give everyone, aside from doctors, billionaires etc.. around $1,000, maybe more I think.  Do you think this will heal the economic fallout?  Well, it seems like even Republicans are backing this - possibly cause the economy will tank - without government intervention.

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They're not giving it. They're loaning it. And we will have to pay it back with a minimum of 100% interest. So basically if we get $1000, we will have to pay the government back $2000. It's a way to screw the citizens. It's not helping anyone, it's crippling those of us who can barely support ourselves even further.

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2 hours ago, The Blackangel said:

They're not giving it. They're loaning it. And we will have to pay it back with a minimum of 100% interest. So basically if we get $1000, we will have to pay the government back $2000. It's a way to screw the citizens. It's not helping anyone, it's crippling those of us who can barely support ourselves even further.

Have a source on this? 

Even if it isn't a loan, it's way too little too late. 

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12 hours ago, The Blackangel said:

They're not giving it. They're loaning it. And we will have to pay it back with a minimum of 100% interest. So basically if we get $1000, we will have to pay the government back $2000. It's a way to screw the citizens. It's not helping anyone, it's crippling those of us who can barely support ourselves even further.

I doubt that I mean we probably would have to pay taxes on the free money, but not interest, mostly interest-free payments.

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The free cash transfer has never helped anyone in the long run. Countries like Canada and Spain had tried this model and they have failed. 

Its just not the answer for our economic fallout. Stimulus is. Money isnt. 

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Us government have done a great things to have provide some cash and reduces tax to the citizen of their nation. It will be good if other countries can manage to do that. This is the time citizens need special treatment from their government.

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48 minutes ago, bomb said:

Us government have done a great things to have provide some cash and reduces tax to the citizen of their nation. It will be good if other countries can manage to do that. This is the time citizens need special treatment from their government.

As a super power, the USA has fallen behind in the world in helping its citizens during coronavirus. The government has deliberately let the virus get out of control for 2 reasons: 1: to use as warfare against major U.S. cities which are largely democratic hoping to spur on deaths before the election to help the chances of rural swing states to get a majority vote; 2: to sabotage a democratic presidency in case of a republican loss.  Most coronavirus relief went to corporations and hand pick companies due to conflicts of interest. Farmers got 3 bailouts now due to a trade war with China that never should have happened. The government has refused in their own words on camera to help citizens any more with stimulus whether it be a check or unemployment extensions. I'll be surprised if a second stimulus is passed to help struggling people and not corporations.  But it would have to be passed by going around trump's veto. Cause we all know that guy won't pass it unless his personal interests get some of the money. 

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