Originally Posted by
Qotsaautopilot
not off wiki btw, but it’s misinformation that the national debt is a big scary thing and a valid reason to not spend stimulus money on a crisis when it’s very much needed. Also the airlines as a whole got less than $50 billion of a multi trillion dollar package. Keeping the airlines solvent and held together for now is worth the relative small dollars. Why? Because it’s an investment that will pay back more in future tax revenues and law makers know it but unfortunately their kitchen table economist constituents don’t.
Just razzing you. I agree with most of what you are saying. I think that’s what’s sustaining the market right now. Peeps are still spending on non essential goods and services. The $600 extra in unemployment as well as the stimulus have many feeling rich. It’s helping drive the economy and keep it from taking a nose dive.
I just don’t agree with another stimulus that has so much pork that is non Covid.