Trump hints at another stimulus check that will be much more generous than the last.

[zinfamous]

I... reluctantly agree....

But do you honestly think our government would administrate it any better? When they can't even send out direct deposits to individual people in a reasonable amount of time?

Then they would have to quantify how much the small business needs, and if they actually do need it, etc...

I also don't think you can say "tough titties" for every large corporation. It is entirely unrealistic to expect them to have 12+ months of expenditures for if their customer-base magically dies tomorrow.

I think they have more than enough money than most want to allow themselves to believe. When your CEO is making 400%+ the wages of their average worker, and the company is burying its warchest overseas so they don't have to pay taxes....well, one can imagine that in tough times, they are more than capable of finding the necessary money to just keep the ship afloat when no one is buying stuff. Yes, it can be done. They are already saving record amounts of money by stealing from the Feds as it.

Remember how Apple "magically" found all that money a few years back that allowed them to finally pay out a dividend to share holders? Magic!

I also think layoffs at such times are unacceptable, as well. In more free countries, like over in Europe, it is common practice to reduce 30% of pay or even 50% instead of laying off workers. It sounds "bad," but it's a lot better than dealing with "100%" pay reduction and nothing on the horizon, right? Other bonus: they also don't have to worry about healthcare being covered in any of those situations.

That strategy is a pretty good tool for lessening the blow of a nation-wide contraction or recession.

 

[Lost_in_the_HTTP]

I also don't think you can say "tough titties" for every large corporation. It is entirely unrealistic to expect them to have 12+ months of expenditures for if their customer-base magically dies tomorrow.

They could easily eliminate millions in undeserved Executive bonuses and options and not bribe, err contribute to campaign funds.

 

[ch33zw1z]

I... reluctantly agree....

But do you honestly think our government would administrate it any better? When they can't even send out direct deposits to individual people in a reasonable amount of time?

Then they would have to quantify how much the small business needs, and if they actually do need it, etc...

I also don't think you can say "tough titties" for every large corporation. It is entirely unrealistic to expect them to have 12+ months of expenditures for if their customer-base magically dies tomorrow.

Next up, we'll be chastising the working class for not having 12 months of savings in case they lost their jobs all of a sudden. At least, that's what you like to do lol

 

[nickqt]

So much contemplation, so much back and forth, so much means-testing.

$10,000 to every adult American, costs 1.8T.

Gives people enough money to pay rent/mortgages, credit card payments, necessary services/durable goods.

GIves owners of small business money to do whatever they need with it, whether keeping it afloat, or necessary upgrades.

ALL of that money stimulates the economy, and it all ends up, as always, in corporate bank accounts and bank bank accounts.

FFS.

 

[blackangst1]

They could easily eliminate millions in undeserved Executive bonuses and options and not bribe, err contribute to campaign funds.

You DO understand executive bonuses are decided when they hire them, decided by the board...right? And if they DID eliminate them, that money would simply go back to the corporation...right? How does that help anyone?