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Do you support the government sending out aid checks in response to COVID?

Was it a good thing to do?

  • I am left wing and I support it.

    Votes: 5 38.5%

  • I am left wing and I don't support it.

    Votes: 0 0.0%

  • I am right wing and I support it.

    Votes: 1 7.7%

  • I am right wing and I don't support it.

    Votes: 2 15.4%

  • I am independent and I support it.

    Votes: 3 23.1%

  • I am independent and don't support it.

    Votes: 2 15.4%
  • Total voters
    13
D

dex4974

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Just curious.
 
dex4974 said:
Just curious.
Click to expand...

I went with “yes” with reservations. Sending cash to individuals was designed to create liquidity - I.E. cash to spend to prop up an economy that suddenly lost 20% of it’s wages. What was done was smart and quick.

What I don’t like is money to publicly held companies. They can sell stock. If they can buy it back in good times, they can sure as hell sell it in bad times. If there is too soft of a market the treasury can buy a special class of it.

Then there are colleges with multi billion dollar endowments. Sorry Haaarvad, Yale, Princeton, Columbia, etc.
 
chuckiechan said:
I went with “yes” with reservations. Sending cash to individuals was designed to create liquidity - I.E. cash to spend to prop up an economy that suddenly lost 20% of it’s wages. What was done was smart and quick.

What I don’t like is money to publicly held companies. They can sell stock. If they can buy it back in good times, they can sure as hell sell it in bad times. If there is too soft of a market the treasury can buy a special class of it.

Then there are colleges with multi billion dollar endowments. Sorry Haaarvad, Yale, Princeton, Columbia, etc.
Click to expand...
Very good point.
 
dex4974 said:
Just curious.
Click to expand...

I don't support it. I know that later I am going to pay for it and might as well reap the benefits if I am going to pay for it whether or not I do or don't take the check.
 
I support it I guess, but why not use that money for something more constructive like creating an army of contact tracers? Apparently it would take 180,000 contact tracers costing the federal government $12 billion for it to be effective. Heck, why stop there? Hire 500,000 contact tracers and spend $35 billion or something. That way you create jobs designed to combat the virus to boot, and it's just a small fraction of the trillions spent so far.
 
I support those who really need it but I don't support sending checks to those on a fixed income like me whose income hasn't changed.
I donated mine to local charity who will used the money to give to those that lost their jobs and need help with their utilities bills.
So there was no way I could vote in the poll with the choices that was listed.
 
A few million checks would have been okay for those who need them, but we carpet-bombed the country which was too much.
 
In principle I'm against it, but if I was a member of congress I probably would have reluctantly voted for it because it was the government that caused many businesses to close and many people to lose their jobs. In that respect they owe some relief to the ones they short-changed.

The downside is many people spent it on frivolous items like stripper poles, sex toys, and paintball guns, so it's obvious they didn't really need the money.
 
Indie guy said:
In principle I'm against it, but if I was a member of congress I probably would have reluctantly voted for it because it was the government that caused many businesses to close and many people to lose their jobs. In that respect they owe some relief to the ones they short-changed.

The downside is many people spent it on frivolous items like stripper poles, sex toys, and paintball guns, so it's obvious they didn't really need the money.
Click to expand...

How do you know they spent it on frivolous items?...I haven't gotten mine yet.
 
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