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White House Warms To Showering US With ‘Helicopter Money’
Financial times ^ | 3/19/2020

Posted on 03/18/2020 8:20:19 PM PDT by Helicondelta

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As the number of coronavirus cases has exploded across the US, the idea of a direct cash transfer to Americans has emerged as the primary feature of the Trump administration’s $1.3tn response to the crisis.

The idea of a direct cash transfer to limit the economic damage from the spreading disease had been floating around since early March. But as the number of cases has spread across the world’s largest economy, leading to widespread social distancing measures that forced a cascade of business closures and lay-offs, it is now front and centre of the administration’s efforts.

Steven Mnuchin, the Treasury secretary, endorsed it in a briefing from the White House on Tuesday, standing next to Donald Trump. “Americans need cash now, and the president wants to get cash now. And I mean now, in the next two weeks,” Mr Mnuchin said. 

(Excerpt) Read more at ft.com ...


TOPICS: News/Current Events
KEYWORDS: debt; deficit
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1 posted on 03/18/2020 8:20:19 PM PDT by Helicondelta
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To: Helicondelta

There’s going to be a lot of people not working for some period of time.


2 posted on 03/18/2020 8:23:30 PM PDT by chris37 (Despite my growing "Coronaphobia", I still feel at least mostly sane half of the time.)
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To: Helicondelta

I hate Mnuchin because he has Hawt wife money and has...well...A Hawt Wife...


3 posted on 03/18/2020 8:23:54 PM PDT by Vendome (I've Gotta Be Me https://www.youtube.com/watch?v=BB0ndRzaz2o)
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To: chris37
there's a LOT of people not working right NOW that are going to get that money too,,,
4 posted on 03/18/2020 8:30:11 PM PDT by Chode (Send bachelors and come heavily armed.)
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To: Vendome

Is that her in the pic? Looks like the chick who is the wife of the owner of TBN.


5 posted on 03/18/2020 8:32:06 PM PDT by RushIsMyTeddyBear ("Progressives" (elitist Communists) "Love you to death".)
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To: Helicondelta

Shutting down the productive + helicopter money drops — what could go wrong?


6 posted on 03/18/2020 8:38:41 PM PDT by Socon-Econ (adical Islam,)
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To: Chode

Yes, I think you’re right about that.


7 posted on 03/18/2020 8:50:24 PM PDT by chris37 (Despite my growing "Coronaphobia", I still feel at least mostly sane half of the time.)
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To: Helicondelta

How did you get past FT’s paywall? Subscription?


8 posted on 03/18/2020 8:52:22 PM PDT by upchuck (Democrats are always the problem, never the answer.)
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To: Socon-Econ

It seems like everybody and everything will get a check. My god,WTF?


9 posted on 03/18/2020 8:58:10 PM PDT by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: RushIsMyTeddyBear

Louise Linton
https://duckduckgo.com/?t=ffab&q=Louise+Linton&atb=v163-1&iax=images&ia=images


10 posted on 03/18/2020 8:58:37 PM PDT by Vendome (I've Gotta Be Me https://www.youtube.com/watch?v=BB0ndRzaz2o)
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To: shanover

“It seems like everybody and everything will get a check. My god,WTF?”

...can my dog get a check too? I gotta get a dog first though.


11 posted on 03/18/2020 9:34:33 PM PDT by semaj (We are the People)
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To: Helicondelta

I don’t need the money.

No, as a matter of fact, I won’t send the check back.


12 posted on 03/18/2020 9:39:08 PM PDT by Graybeard58 (Best left handed banjo picker on my entire block)
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To: shanover

We’re putting our Obama, er . . Corona money in the bank.

Because Las Vegas is closed, silly.


13 posted on 03/18/2020 9:40:51 PM PDT by Jeff Chandler (BLACK LIVES MAGA)
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To: Helicondelta

Forgive me going off topic, but
Mnuchin’s wife is hotter than steam kettle left on the stove.
....Now, back to CoronaWorld.


14 posted on 03/18/2020 9:50:47 PM PDT by lee martell
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To: Helicondelta

I am retired and don’t care if I get a check but I hope my renters do so they can pay rent.


15 posted on 03/18/2020 9:57:07 PM PDT by eastforker (All in, I'm all Trump,what you got!)
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To: Helicondelta

I’ll keep any helicopter manna as partial compensation for the millions in taxes extracted. But it’s still a crazy and highly dysfunctional idea imho


16 posted on 03/18/2020 10:29:18 PM PDT by faithhopecharity ("Politicians are not born, they are excreted." Marcus Tullius Cicero (106 to 43 BCE))
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To: Helicondelta

Do I get a free cell phone too?


17 posted on 03/18/2020 10:29:40 PM PDT by chuckee (rice)
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To: Helicondelta

Money spreads the virus.


18 posted on 03/18/2020 10:56:49 PM PDT by Berlin_Freeper
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To: chris37

Aging Boomers wont have to pay up when this bill is due, young Americans should be raising holy hell.


19 posted on 03/18/2020 11:06:09 PM PDT by Gasshog (The Silver Lining to the Black Cloud of Liberalism agenda always comes back to bite them in the ass!)
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To: chuckee

Speaking of which, my old phone really needs a upgrade badly too.


20 posted on 03/19/2020 12:34:37 AM PDT by prophetic (Trump is today's DANIEL. Shut the mouth of lions Lord, let his enemies be the Cat Food instead.)
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