Treasury Secretary Mnuchin says stimulus checks could arrive next week

nypost ^ | 12/121/2020 | Mark Moore

[DesertRhino]

This is a distraction. They huge bailouts are going to their favorite lobbyists clients, and to foreign countries.
They throw a 600 dollar bone at us to keep us quiet.

[proust]

[lurk]

There are no wise or good people inside the beltway.

[Trumpisourlastchance]

Israel is getting $500,000,000. Of our money. We get crumbs. Of our money.

[Salamander]

Just slapping a bandaid over a sucking chest wound.

Open it UP!!!!

[proust]

Yep. Already several treasury raids this year. Literally everything else going on is a distraction.

[entropy12]

hyper inflation requires a booming economy -and- shortage of manufacturing capacity. no boom likely under socialist kamala/biden. and asia has excess manufacturing capacity. hyper inflation unlikely. but expect necessities such as fuel, food, healthcare & utilities to inflate. clothes, shoes, electronic goods, autos etc will stay in stable price mode.

[mass55th]

In 2018, Nancy Pelosi called $1,200 bonuses as a result of President Trump’s tax cuts “crumbs,” but today she thinks that $600 stimulus checks are “significant.”

[central_va]

Inflation is defined as being caused by too many dollars chasing too few goods. It has nothing to do with manufacturing capacity or booming economy.

[entropy12]

A million here a million there and pretty soon you are talking real money——Senator Everett Dirksen, R-IL

[OSHA]

$600 from Uncle Sugar and ammoseek.com shows 2 sellers with 1000 rounds of 223 for $599.00 it’s like karma or something!

[entropy12]

We already have too many dollars being printed. why inflation is so tepid? because excess manufacturing capacity can turn out enough goods to absorb printed dollars.

And covid-19 shutdowns have brought the Trump economic boom to a crawl.

[PIF]

One day I am going to wake up and this country is going to be dead broke like the Soviet Union.

—
Just glad I wake up these days.

[central_va]

The fake dollars are not getting down to the middle and lower classes. The fake “wealth” is trapped in the upper strata because of wage stagnation, too much immigration and offshoring of manufacturing.

[EQAndyBuzz]

Unfortunately small business will not see a dime.

[BipolarBob]

It’s bread and circus money. It’s time to worry when tv shots of Biden on the upstairs balcony with a violin appear.

[combat_boots]

There’s billions for Palestine and millions for Ukraine...$453mm

But $600 per? Let them eat ice cream.

6000+ pages Six hours’ read time.

[Salvavida]

I never got the first one.

[Georgia Girl 2]

$4 billion for vaccines to other nations. Billions to broke transit system and making sure everyone has access to broadband.

[combat_boots]

The offshore hiring frenzy revvs up

1 well paid American = what. 7 Indian/ Chinese?

Thing is I know one of those Americans tossed out now.