Originally Posted by
e6bpilot
I pay enough taxes to throw shade. I have also been poor and my path to get here involved scrubbing a lot of toilets for minimum wage or less.
You are oversimplifying the issue, or maybe politicizing it. Either way, you're wrong. The economics of it are simple. If you undershoot the stimulus, you have tons of second and third order effects like evictions or unpaid rents that lead to foreclosures, repossessions that lead to job losses and homelessness, etc. Those take years to sort out. We largely avoided that due to carpet bombing stimulus money as soon as this started. It will dry up soon and folks will be happy to return to work. Don't fret.
there you go again judging others and claiming superiority based on the belief that your **** doesn’t stink.
Well guess what we did have 30+ million unemployed when the government shut down our economy. We have a very large homeless population as well, I guess you are too high fallutin to notice them. But you’ll be glad to know that when the poor finally find a job and are no longer homeless they will enjoy reduced buying power because inflation is running rampant! On top of that the National debt has soared and the Fed’s balance sheet grown tremendously so at least we will all have higher taxes to look forward to!