From each according to their ability, to each according to their need.
(Of course, the Dems’ lunatic money printing and their suicidal energy policies created the “need”.)
Its wealth redistribution under yet another name/excuse.
Handouts always solve the problem. 🙄
Oh and of course, middle income folks get reduce payment. Middle class getting hammered as they don’t get all the additional dollars on EBT cards. Michigan Gov wants to give anyone working 500.00 payment because of the billions of extra Federal dollars we received because of long lock down during COVID. I bet that will be income limited to 40K and below as well.
At any rate, giving more money to folks isn’t the answer, it’s Biden’s policies and the reversals of Trump’s.
Only Fools believe there are no consequences for bad actions like this (What did they think was going to happen when you increased the monetary supply by 40% in two years?)
We live in a nation of fools. God help us.
Yup. Another page out of the Venezuela playbook for tyranny.
1. Create billions of dollars out of thin air.
2. Inflation increases drastically.
3. Create billions of dollars out of thin air.
4. Goto 2.
Fuel and Food are pretty much 100% of my daily purchases.
Both are really energy with additives.
The word for today is "fungible". You can spend this $600 on food and gasoline and then spend your original food and gas budget on whiskey, hookers and day trading Twitter stock.
This is like trying to cure lung cancer by smoking more cigarettes.
“One is fuel, which reached an all-time record national average of $4.33 per gallon in mid-March, and fuel still remains at a near-high $4.12 per gallon as of this writing. Another is food, which as of February had experienced 7.9% year-over-year inflation. “
Both underestimates and both leading indicators.
Big pain on the horizon.
And political turmoil.
Free money!!!
Wonder what restaurants and gas stations will do with prices once everyone can afford it?
“And that’s exactly what many of us predicted would have happened back in March of [2021], when Congress did the same thing, $1.9 trillion. A lot of it was stimulus spending, and people said, ‘This is going to cause inflation,’” Sen. Portman continued. “And sure enough, it did. It wasn’t just me and other Republicans. It was some Democrats as well.”
Why does Rob always talk like this? Went to Dartmouth and Michigan Law, and yet is a mush mouth. "Iba sayba this be causingba inflationba."
Here, Rob, let me show you how it's done.
"Taking American tax dollars and proposing yet another free-money giveaway?! That's what Jack Reed wants to do to you, Joe Taxpayer. He's only a little further Left than his communist namesake. [scattered laughter on the Senate floor and gallery][pause] The Democrats are responsible for this! Match-throwing arsonists burning up your buying power! The Democrats in this Senate gave away nearly $2 trillion dollars just 14 months ago -- it's not just gone forever, but their fraud upon this nation has ignited into a firestorm of inflation! $5 gas! $6 milk! If you can't feed your children and keep your car running, Blame. The. Democrats. And send them packing in November!
I yield the balance of my time back."
What is the definition of insanity?
Doing the same thing over and over and expecting a different result each time.🙄
Only $600? We can do better than that. Why not further destroy our country by making the check for $1000? Or maybe $1200?
There isn’t any money and if they hand out money that we don’t have then they make inflation worse. Brilliant. Yeah, do that.
More proof that the DemonRats have no idea what causes inflation.
Democrats double down on inflation to solve it.
1. Improves zero about the cost, supply & demand and market for food or fuel.
2. Encourages and subsidized current inflation stoked prices.’
3. Will in affect help sustain, not slow, inflation.
Simplies the problem as merely being able to pay for inflation prices not the causes and does zero about the causes.
Why?
In part the Dims do not want to improve conditions rleated to the causes - like vastly increasing U.S. fossil fule production, and in part in other ways they know not how to solve the inflation problem. So, as to be expected, theri soultion is to thrw moneu at it. From where? Borrrowing more. Which will again add inflationary money printing to the fire. Stupid is as stupid does.
So those making over 40K are not hard-working Americans?