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Could they split the bill into 2 parts? One for checks to the people and one for money to corporations? I understand that in the long run it probably will make sense to get money to the corporations, but why not just deal with one thing at a time?
Probably more: logical than good.Sorry GB....the word "good" here is doing a lot of heavy lifting. I had thought about this initially and had wondered if this was shades of TARP. Then I came to the conclusion that anyone who is dumping on companies who need the aid in a time where they did nothing to bring this on is a tool of epic proportion and their opinion is of no consequence to me. This is very different from the situation where the groups being bailed out are the ones that caused the problems. My
Completely agree with your last statement.
Is that good or bad?
Because once the money goes out to the people, those who want big bucks to go to corporations lose their leverage.
I think businesses assume that what you describe in the parenthesis would happen. You have seen the same stigma develop with the Fed Discount window. I guess the bad of this would be you loan money to a company that just continues to fail. So much moral hazard with these bailouts.
I can see certain times this could be true, but the amount of harm that is could cause far out weighs the limited amount of good.
I’m not sure why that would be in the economic stimulus bill and I have student loans I’d love to be cut.
Both sides always do this kind of crap. Normally they bicker back and forth for months if not years. It is really disappointing they couldn't set it aside in this case
Only way it makes sense is concessions to out things on hold during the rough economic times during the pandemic.
That's wrong. Democrats claiming the high road need to check themselves. And I'm probably just about as liberal as they come. Newsflash, not everyone has student loans, and now isn't the time nor place for this.
Both sides are. My guess, the Dems put this in as a bargaining point to get rid of.
I like the way you think but you know that's not how it works with our so called public servants.
Yeah, like I said I’m pretty sure I knew my question was naive. I shouldn’t be shocked, but here we are.
If there is anything the last 10+ years have though me is Congress is flat broken. A time of reckoning needs to come.
This is not simply a Democrat problem. Both sides insist on adding crap that doesn't need to be there.
It is just dumb. 30k???? I hate every democrat that is in favor of this. There is zero justification. Want to extend the payment grace period? Fine. Extend the 0% interest time frame? Fine. Give them a free 30k reduction TAX FREE? That is a slap in the face to everybody.
Some are too caught up in red team blue team to see this. Including many in Congress unfortunately
Hey, I'm in. Get rid of everyone of them. Too bad most people here belong to the 2 parties and goosestep when told to.
Your stance is a big part of the problem here. One side shouldn’t have to bend over just because the clock is ticking. We need to stop with the finger pointing. Both sides should be frustrated and embarrassed today.
It is the job of both parties to come up with a bill that will help the American people and that takes compromise and sacrifice. It is a shame that they can't do that during a crisis and it blows my mind that some people continue to cheer for one party when they are both absolute failures.
But yet amazingly you have the same take except to blame Democrats.
I have a memory like an elephant and I can hold a grudge with the best of them. I am going to remember this as I'm sure most will. I absolutely will not be voting for any incumbent that is in Congress now. Hopefully most Americans will remember this sorry display by both sides. So no vote for Scott, Rubio, and especially Waltz for me.
