I understand and agree with the sentiment - they move fast only when their interests are at stake. However, they shouldn't be handing out "free" money. It isn't free. It's either borrowed from the future (our children), or it's printed, thus taking value from anyone holding or earning dollars. Worse yet, the feds are already $27 TRILLION in debt (at last check). That will be paid back through more tax and/or devaluation.
Implying boomers give a fuck about anyone but themselves
Eh, many boomers are opposed to this. It's not even a matter of principle. While those without savings are as grabby as their younger "gimmie" brethren, those with retirement savings feel the effects of inflation perhaps more than those still earning.
It always goes back to "there's no such thing as a free lunch."
The problem is we have state and local governments literally telling people they can't work. The "free money" is a round about way of trying to solve that problem. The real issue is that state and local governments don't have the authority to tell healthy people they can't work.
Regarding the draconian actions of state and local governments, I agree completely. Regardless, the massive federal handout will still have the aforementioned deleterious effect. The real solution in this case is to end local government overreach. But given how many I see agreeing with the lockdown, I'm pessimistic anything will happen there.
If Florida can say open, we might have a hope. FL has lower fatality rates than CA despite having a substantially higher (percentage wise) amount of elderly people. I know a lot of people vacation there. I just heard about some distant family vacationing there from IL and they were shocked when they got off the plane and everything was normal. It's pretty hard to go back and justify the B.S. after seeing proof like that.
I disagree. To politicians, money is free. 1. Banks do QE to pour money in causing inflation on taxpayers. 2. Taxing citizens is done by force.
So, yea, to them, it is free... for them.
That's like saying: "to robbers, money is free."
Nevertheless, either through taxation or through devaluation, that debt will be covered. It's not so much an edict but more a law of nature.
There is no debt in the classic sense. Since currency has no value, there is no actual debt. When currency is tied directly to gold, then there is debt.
Having just pointed that out, us deplorables do incur debt because we are the slave class. I freed myself from debt at the last possible moment. I believe corporations are going to absolve people's old debt by UBI. Then, after they've done that, start taking away benefits. The population will be trapped.
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