User Tag List

123 Last

Results 1 to 10 of 28

  1. #1
    unscannable Tigerlily's Avatar
    Join Date
    Jun 2007
    MBTI
    TIGR
    Enneagram
    3w4
    Socionics
    EII None
    Posts
    5,936

    Question Economic Stimulus or Political Reparations?

    As you probably know the IRS will soon be sending out money to most of us to supposedly boost our economy and bypass a recession. Perhaps this is true, but I'm a believer in nothing is life is free so at what cost are we receiving this money?

    What are your thoughts? Also what are your plans for the money? I'm not sure yet, maybe invest or put it towards a home improvement project.
    Time is a delicate mistress.

  2. #2
    only bites when provoked
    Join Date
    Apr 2007
    MBTI
    INTJ
    Posts
    2,127

    Default

    They did the same thing right before the great depression. Shrub has done this twice so-far.

    We'll have to pay it back at a high interest rate in the future.
    I 100%, N 88%, T 88%, J 75%

    Disclaimer: The above is my opinion and mine alone, it does not mean I cannot change my mind, nor does it guarantee that my comments are related to any deep-seated convictions. Take everything I say with a whole snowplow worth of salt and call me in the morning, if you can.

  3. #3
    Protocol Droid Athenian200's Avatar
    Join Date
    Jul 2007
    MBTI
    INFJ
    Enneagram
    4w5
    Posts
    8,828

    Default

    Well, I think we're receiving it at the cost of funding certain programs and increasing the national debt. Essentially it's a tax cut.

    Wolf: I don't understand why I would have to pay anything back with interest unless I accept a loan. If this money is a loan, I'd personally refuse to take it. I don't believe in borrowing money, it seems risky. It also seems a bit like an attempt to live outside your means.

  4. #4
    heart on fire
    Join Date
    May 2007
    Posts
    8,457

    Default

    It is better than a hot poker in the eye, but it won't change my vote to Republican.

  5. #5
    Glowy Goopy Goodness The_Liquid_Laser's Avatar
    Join Date
    Jul 2007
    MBTI
    ENTP
    Posts
    3,377

    Default

    I'll take the money without complaining. Personally I think increasing debt in order to shorten time in a recession is a good idea. The problem I have with the government is that they don't pay down the debt when the economy is strong, rather they keep increasing the debt further. Republicans are especially guilty of this.
    My wife and I made a game to teach kids about nutrition. Please try our game and vote for us to win. (Voting period: July 14 - August 14)
    http://www.revoltingvegetables.com

  6. #6
    only bites when provoked
    Join Date
    Apr 2007
    MBTI
    INTJ
    Posts
    2,127

    Default

    Quote Originally Posted by athenian200 View Post
    Wolf: I don't understand why I would have to pay anything back with interest unless I accept a loan. If this money is a loan, I'd personally refuse to take it. I don't believe in borrowing money, it seems risky. It also seems a bit like an attempt to live outside your means.
    Where did you think they were getting the money from? They're taking out a loan on your behalf in their name. You will pay it back, or someone else will, but it'll be paid back just the same.
    I 100%, N 88%, T 88%, J 75%

    Disclaimer: The above is my opinion and mine alone, it does not mean I cannot change my mind, nor does it guarantee that my comments are related to any deep-seated convictions. Take everything I say with a whole snowplow worth of salt and call me in the morning, if you can.

  7. #7
    Senior Member cafe's Avatar
    Join Date
    Apr 2007
    MBTI
    INFJ
    Enneagram
    9w1
    Socionics
    INFj None
    Posts
    9,827

    Default

    I think it's too little too late, but we'll probably pay debts and maybe do a family weekend at the water park. If there's anything left after that, we will probably buy electronics or maybe fence our yard.
    “There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.”
    ~ John Rogers

  8. #8
    heart on fire
    Join Date
    May 2007
    Posts
    8,457

    Default

    I have some medical bills and we've had car repairs. That's what we will put the money towards. The amount is such a drop in the bucket compared to living expenses these days...

  9. #9
    Order Now! pure_mercury's Avatar
    Join Date
    Feb 2008
    MBTI
    ESFJ
    Posts
    6,946

    Default

    Quote Originally Posted by Wolf View Post
    Where did you think they were getting the money from? They're taking out a loan on your behalf in their name. You will pay it back, or someone else will, but it'll be paid back just the same.
    They could always just cut spending significantly. Oh, wait. They NEVER do that.
    Who wants to try a bottle of merc's "Extroversion Olive Oil?"

  10. #10
    only bites when provoked
    Join Date
    Apr 2007
    MBTI
    INTJ
    Posts
    2,127

    Default

    Quote Originally Posted by pure_mercury View Post
    They could always just cut spending significantly. Oh, wait. They NEVER do that.
    Your best chance is a libertarian for that. Democrats will increase it along with steep increases in taxes to "balance the budget", making those of us that have to work poorer. The republicans act just like the democrats, only they don't tax us into an oblivion and therefore increase the deficit. Cutting out entitlement programs and accepting that SS is about to fail would help us considerably. A really healthy interest rate hike would also help, but I don't think we'll see that until our economy is so far underwater that it takes another 15-20 years to rise back to the surface.

    It's a sad state of affairs.
    I 100%, N 88%, T 88%, J 75%

    Disclaimer: The above is my opinion and mine alone, it does not mean I cannot change my mind, nor does it guarantee that my comments are related to any deep-seated convictions. Take everything I say with a whole snowplow worth of salt and call me in the morning, if you can.

Similar Threads

  1. Politics and / or Economics Forums
    By Valis in forum Politics, History, and Current Events
    Replies: 3
    Last Post: 08-27-2013, 02:07 AM
  2. Permanent or Political?
    By Mole in forum Politics, History, and Current Events
    Replies: 26
    Last Post: 01-31-2012, 08:43 PM
  3. 100 days of economic stimulus
    By Lateralus in forum Politics, History, and Current Events
    Replies: 3
    Last Post: 05-27-2009, 05:06 PM
  4. Suspension: Political help, or fail?
    By Enyo in forum Politics, History, and Current Events
    Replies: 1
    Last Post: 09-24-2008, 07:16 PM
  5. Office Politics: Play or Pay
    By proteanmix in forum General Psychology
    Replies: 61
    Last Post: 10-08-2007, 05:08 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Single Sign On provided by vBSSO