Did anyone actually answer the original question of this thread? I read the first two pages and it turned political real quick. I was thinking about buying some traction boards and still have some money left over.
Well said and I concur.I am of two minds on this whole bailout thing.
On the one hand, of course folks should not live beyond their means. Though, in lots of places in the US, even living comparatively cheap requires both people in the household to work. So scrimping and saving is actually pretty hard for a high percentage of people.
Naturally, not all these people can just "invest in themselves" and get a good paying job. Then you would run into the whole supply and demand thing and those jobs would have too many applicants.
I knew a few guys who got out of my field to study programming since it was the hot thing. When they finished their studies, so did 10 bajillion other guys, which also happened to about the same time most of the US companies were outsourcing all that stuff to India.
No way to predict it though really.
Today, you've got a lot of people who are doing their best to provide for their families. Guys that started their own businesses. American dream actually. Maybe a restaurant, maybe a carpenter or plumber. Lot's of them out there.
Those business, like many, run on a thin a line between red and black.
In this situation, you have the government telling them.. you can't work anymore.
Of course, I get why they are doing it. Eventually most people will get the virus. The point is to make sure not everyone gets it at once. That's how you rack up the big death numbers since there simply isn't enough beds to treat that many people which would otherwise have walked away from it.
Still, it is the government who is making the decision to take their livelihoods without giving them a say in it.
In that respect it doesn't feel like "getting free stuff" to me.
And make sure you 1099 your hookers so they will pay taxes on their income.we are a consumer nation. the largest part of what makes an economy recover is consumer spending. weather it be jeep parts or hookers & blow, rest assured you will be doing good if the extra cash is spendable income for you.
How many derivatives of the “I got mine sucks to be you” before everybody realizes it’s not about you. It’s laughable to read this “I did it on my own” what about all those teachers who educated you, do they deserve help because certainly they make less and might need some? How about all the other people who guided your life? Screw them to?It’s all personal choice and priorities. All people are free to move and improve themselves that’s the great thing about America. I’m from a small poor mining town in the Northeast. I could’ve knocked up my girlfriend and got a shitty job and had nothing my whole life and blamed others. I decided to get an education move where the economy would reward me and I have the life that I deserve and wanted. I never have and never will live paycheck to paycheck. I pay cash for all my vehicles. I’ve had one credit card since 1988 and I pay it off every month. I don’t buy things I can’t afford and that goes for children. I said NO when a lot of my friends were saying YES and now I’m in a position to not worry. Self discipline and personal responsibility.
You should rather hope that it devalues the dollar.Same here. They're creating this two trillion out of thin air that is only going to further devalue our money, just as it has in the past.