Second stimulus soon?

Izthewiz

Izthewiz

Member
Anyone know the odds on second stimulus?
Now that Biden winning I'm hoping they pass more stimulus.
Currently still on unemployment do the virus and the food stamps and only 1000 usd a month isn't too good .
Also can you apply for tanif and get unemployment at same time?
They should just ramp up with printing press and give us all $3000 usd a month until the virus is over.
My job isn't safe to return I am a janitor.
I really hope they pass some sort of thing that can help us stay in unemployment for the next few years as I don't want to go back to work because the virus and staying home is also nice.
They should raise taxes on anyone making over 100k
Sorry if my English is not good not my first language.
 
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hanimmal

hanimmal

Well-Known Member
Izthewiz said:
Anyone know the odds on second stimulus?
Now that Biden winning I'm hoping they pass more stimulus.
Currently still on unemployment do the virus and the food stamps and only 1000 usd a month isn't too good .
Also can you apply for tanif and get unemployment at same time?
They should just ramp up with printing press and give us all $3000 usd a month until the virus is over.
My job isn't safe to return I am a janitor.
I really hope they pass some sort of thing that can help us stay in unemployment for the next few years as I don't want to go back to work because the virus and staying home is also nice.
They should raise taxes on anyone making over 100k
Sorry if my English is not good not my first language.
Click to expand...
It is up in the air. Mitch McConnell is still in charge of the senate, and is not passing any legislation, and nobody really knows what Trump will be doing until January.

There is hope for something in late January/Early February if Georgia 2 senate seats are won by the Democrats.

I wish you the best man, this is the problem with the Republican party calling any government programs not aimed at the Wealthiest in our country as socialism, and until the Democrats can gain control in DC its going to be little that is done on the federal level.
 
M

mooray

Well-Known Member
schuylaar said:
at what cost?
Click to expand...

The Slow-Motion Financial Suicide of the Roman Empire | Lawrence W. Reed, Marc Hyden

The welfare state, once begun, is difficult to reverse and never ends well.
fee.org
.

More than 2,000 years before America’s bailouts and entitlement programs, the ancient Romans experimented with similar schemes. The Roman government rescued failing institutions, canceled personal debts, and spent huge sums on welfare programs. The result wasn’t pretty.

Roman politicians picked winners and losers, generally favoring the politically well connected — a practice that’s central to the welfare state of modern times, too. As numerous writers have noted, these expensive rob-Peter-to-pay-Paul efforts were major factors in bankrupting Roman society. They inevitably led to even more destructive interventions. Rome wasn’t built in a day, as the old saying goes — and it took a while to tear it down as well. Eventually, when the republic faded into an imperial autocracy, the emperors attempted to control the entire economy.

Debt forgiveness in ancient Rome was a contentious issue that was enacted multiple times. One of the earliest Roman populist reformers, the tribune Licinius Stolo, passed a bill that was essentially a moratorium on debt around 367 BC, a time of economic uncertainty. The legislation enabled debtors to subtract the interest paid from the principal owed if the remainder was paid off within a three-year window. By 352 BC, the financial situation in Rome was still bleak, and the state treasury paid many defaulted private debts owed to the unfortunate lenders. It was assumed that the debtors would eventually repay the state, but if you think they did, then you probably think Greece is a good credit risk today.

In 357 BC, the maximum permissible interest rate on loans was roughly 8 percent. Ten years later, this was considered insufficient, so Roman administrators lowered the cap to 4 percent. By 342, the successive reductions apparently failed to mollify the debtors or satisfactorily ease economic tensions, so interest on loans was abolished altogether. To no one’s surprise, creditors began to refuse to loan money. The law banning interest became completely ignored in time.

(article continues)
Click to expand...
 
Fogdog

Fogdog

Well-Known Member
mooray said:

The Slow-Motion Financial Suicide of the Roman Empire | Lawrence W. Reed, Marc Hyden

The welfare state, once begun, is difficult to reverse and never ends well.
fee.org
.
Click to expand...
Foundation for Economic Education

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I opened the article but was disappointed by the incredible obtuseness of the economists trying to be historians. Rome lasted 2000 years, the US, about 200 and we almost lost it, first on Nov 3 and then on Jan 6. Anybody could pick one attribute of Rome and say "that's why it failed". Pick it: absurdly skewed distribution of wealth, the rise of Christianity, mass migrations, the Huns, racism, you name it, Rome had it. Those chumps just picked "welfare state" and then drew a line from that and "Rome fell", because anybody can connect two points with a straight line.

A good series that documents the history of Rome

The History of Rome | Podcast on Podbay

Listen to 192 episodes of The History of Rome on Podbay - the best podcast player on the web. A weekly podcast tracing the history of the Roman Empire, beginning with Aeneas's arrival in Italy and ending with the...
podbay.fm podbay.fm


Mike Duncan covers the History of Rome from its origin stories to the end of the Western Empire in 476 AD was his cut-off though the Eastern Empire continued into the 1400's. 197 episodes in all. Well told with good humor and a lot of detail in the goings on in Rome from the mythology of Romulus and Remus to the death of the last Western emperor. A whole lot went on in Rome and its downfall is probably not the "welfare state", which was pretty much over several hundred years before Rome actually fell. If I had to pick, I'd say the downfall began when the super rich consolidated their power over plebeians and killed their leaders who were pushing for land reforms in 130 BC. Not long after that, Julius Caesar took over and ended the Republic.



His series on Revolutions is good too.

But those economists suck.
 
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D

DaFreak

Well-Known Member
Izthewiz said:
Anyone know the odds on second stimulus?
Now that Biden winning I'm hoping they pass more stimulus.
Currently still on unemployment do the virus and the food stamps and only 1000 usd a month isn't too good .
Also can you apply for tanif and get unemployment at same time?
They should just ramp up with printing press and give us all $3000 usd a month until the virus is over.
My job isn't safe to return I am a janitor.
I really hope they pass some sort of thing that can help us stay in unemployment for the next few years as I don't want to go back to work because the virus and staying home is also nice.
They should raise taxes on anyone making over 100k
Sorry if my English is not good not my first language.
Click to expand...
Yes we should raise taxes, but I personally don't have a lot of respect for people like you who just want hand-outs. There is no such thing as 100% safe, but with good practice and use of mask, sanitizer I'm pretty sure you would be pretty safe mopping up floors. Or at least a a lot safer than many of the people who have been working through this whole thing. And it's not the second stimulus, it's the third. I would think sitting at home on your ass all day you may have seen that on the news, but then again going by your post I don't think news is your thing.
 
D

DaFreak

Well-Known Member
All year all I've heard from people I work with is that they can't find help. People walking away from $30 an hour jobs. Obviously there are a lot of people who can't find work....but there are a whole lot of people who just want handouts. I had one of my managers, little twat, quit a 50k job with good benefits because she wanted to sit at home collecting the stimulus and unemployment instead of working. She wasn't even fired, she quit, all she had to say is that she didn't feel safe. Her risk going to the supermarket to buy food was more than any from her working.
 
Fogdog

Fogdog

Well-Known Member
DaFreak said:
All year all I've heard from people I work with is that they can't find help. People walking away from $30 an hour jobs. Obviously there are a lot of people who can't find work....but there are a whole lot of people who just want handouts. I had one of my managers, little twat, quit a 50k job with good benefits because she wanted to sit at home collecting the stimulus and unemployment instead of working. She wasn't even fired, she quit, all she had to say is that she didn't feel safe. Her risk going to the supermarket to buy food was more than any from her working.
Click to expand...
More than likely, she quit because you are an ass.
 
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