EPTUS Politics Mega-thread - Page 2915
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Now that we have a new thread, in order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a complete and thorough read before posting! NOTE: When providing a source, please provide a very brief summary on what it's about and what purpose it adds to the discussion. The supporting statement should clearly explain why the subject is relevant and needs to be discussed. Please follow this rule especially for tweets. Your supporting statement should always come BEFORE you provide the source. If you have any questions, comments, concern, or feedback regarding the USPMT, then please use this thread: http://www.teamliquid.net/forum/website-feedback/510156-us-politics-thread | ||
BisuDagger
Bisutopia19299 Posts
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Erasme
Bahamas15899 Posts
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Gorsameth
Netherlands21955 Posts
On December 31 2020 09:18 BisuDagger wrote: Rather then wanting to send it back to the government where it vanishes into god knows what hole, your much better off giving it to a local charity that directly helps those who need it. Can anyone confirm if the Covid checks are printed new dollars or funds reallocated from somewhere else? If it’s printed money, I’d rather have an option to donate my money back towards those who need it. If it’s reallocated funds then I’ll welcome my early tax refund. | ||
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BisuDagger
Bisutopia19299 Posts
On December 31 2020 09:29 Gorsameth wrote: Rather then wanting to send it back to the government where it vanishes into god knows what hole, your much better off giving it to a local charity that directly helps those who need it. I am going to regardless. I have been helping out as much as I can with local businesses too. I’d just like an understanding of where the money is coming from. My point in the original post is more like, a. Your running down the value of the dollar, it’s okay if you don’t pay me to help preserve its value or b. You gave me my money back. Cool, I’m all for being taxed less. | ||
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farvacola
United States18839 Posts
That’s a silly, overwrought way to say that government spending and government revenue are not directly connected by anything more than sentiment and belief in the material consequences of the budgeting and appropriations process. Do with that stimulus money whatever you please, but don’t act on kitchen table notions of macroeconomics that have routinely failed to stopper massive uncertainty. Despite its problems, Stephanie Kelton’s The Deficit Myth is a fine starting place for further reading on this brand of heterodox economics. If you can handle more esoteric stuff, Mirowsky’s More Heat Than Light is where the game gets interesting. | ||
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iamthedave
England2814 Posts
On December 30 2020 14:47 NewSunshine wrote: And for all the times this has happened, Republicans either learned nothing or don't care. A friend of mine has family working in an office with a Trumper anti-masking asshole, who purposely went around coughing on everyone in their building. Turned out his stupid ass was positive for COVID. Now they're all exposed. If it wasn't in vogue for Republicans to be weaponizing a pandemic this shit wouldn't happen. Hopefully the guy's learned a lesson or at least apologises. | ||
KwarK
United States43248 Posts
On December 31 2020 09:57 farvacola wrote: The answer to your question is that where the money comes from is more a matter of belief than knowledge. A series of interconnected events each play a role in the system through which money is made and circulated, but it’s a mistake to assume that those events are connected together by hard, observable ties that can be quantified and understood in simple terms like “inflation.” That’s a silly, overwrought way to say that government spending and government revenue are not directly connected by anything more than sentiment and belief in the material consequences of the budgeting and appropriations process. Do with that stimulus money whatever you please, but don’t act on kitchen table notions of macroeconomics that have routinely failed to stopper massive uncertainty. This. | ||
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RvB
Netherlands6255 Posts
On December 31 2020 09:18 BisuDagger wrote: Can anyone confirm if the Covid checks are printed new dollars or funds reallocated from somewhere else? If it’s printed money, I’d rather have an option to donate my money back towards those who need it. If it’s reallocated funds then I’ll welcome my early tax refund. They're not directly printed no. The fed doesn't monetize the debt by buying government bonds with created money with QE. So the deficit will be financed with more bonds bought by auction by the market. The FED might buy them up later. | ||
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ZerOCoolSC2
9005 Posts
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LegalLord
United States13779 Posts
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farvacola
United States18839 Posts
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Mohdoo
United States15725 Posts
On January 01 2021 01:45 farvacola wrote: The pause in student loan payments will almost certainly be extended for at least a few more months. I'm hoping Biden's way of being a douchebag and not cancelling $50k is to just extend the payment freeze for a year or something. | ||
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JimmiC
Canada22817 Posts
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LegalLord
United States13779 Posts
On January 01 2021 02:00 Mohdoo wrote: I'm hoping Biden's way of being a douchebag and not cancelling $50k is to just extend the payment freeze for a year or something. They pushed through a measure in the stimulus package that allowed employers to make tax-free contributions to student loan payments. That’s not much, but it certainly would be great to be able to pay those off pretax. | ||
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Mohdoo
United States15725 Posts
On January 01 2021 02:19 LegalLord wrote: They pushed through a measure in the stimulus package that allowed employers to make tax-free contributions to student loan payments. That’s not much, but it certainly would be great to be able to pay those off pretax. Refinance all loans down to 1% interest and make the payments pre-tax and I'm satisfied. | ||
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JimmiC
Canada22817 Posts
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DarkPlasmaBall
United States45056 Posts
On January 01 2021 04:09 JimmiC wrote: Interesting albeit disturbing polling on how Americans feel about QaNon, Virus being made in a Chinese lab and other baseless theories. The amount that believe are frightening. https://www.npr.org/2020/12/30/951095644/even-if-its-bonkers-poll-finds-many-believe-qanon-and-other-conspiracy-theories https://www.ipsos.com/en-us/news-polls/npr-misinformation-123020 There is a ton of misinformation out there, and sometimes it's not even easy to figure out what's true and what's not, especially when considering how much crap Trump actually tries to pull off. Apparently, Donald Trump and Mitch McConnell are trying to rush an executive order and Congressional petition to extend December 2020 to 37 days, not 31, so that Inauguration Day is technically pushed back (giving Trump more time as president, before Biden takes over), and I just completely made this up but you know this would be consistent with their nonsense. | ||
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Mohdoo
United States15725 Posts
On January 01 2021 04:09 JimmiC wrote: Interesting albeit disturbing polling on how Americans feel about QaNon, Virus being made in a Chinese lab and other baseless theories. The amount that believe are frightening. https://www.npr.org/2020/12/30/951095644/even-if-its-bonkers-poll-finds-many-believe-qanon-and-other-conspiracy-theories https://www.ipsos.com/en-us/news-polls/npr-misinformation-123020 Repealing section 230 would help fix this | ||
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JimmiC
Canada22817 Posts
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Erasme
Bahamas15899 Posts
Not really. They would just regard it as censorship thus proving their points. | ||
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