General Discussion

at140

(6,110 posts)

27. Yes, debt is usually a losing proposition, I prefer increasing taxes on those who

Reply to jimfields33 (Reply #25)

Thu May 7, 2020, 10:30 PM

May 2020

can afford it the best and pay as you go. It is easy to borrow money, then it gets spent, but interest lasts for ever.

Edit history

Please sign in to view edit histories.

78 replies

= new reply since forum marked as read

Highlight:

Pelosi endorses $2,000/month universal basic income. [View all] RandySF May 2020 OP

Excellent. Pay for itself in a year. No "trickle-down" supposed benefits from the raygun nuts. erronis May 2020 #1

For now it'd be temporary during the pandemic, but yes. Hortensis May 2020 #55

Yes! This is the sort of common sense plan our country needs RainCaster May 2020 #2

I like Maxine Waters' plan SheltieLover May 2020 #4

Nancy's has loopholes? Control-Z May 2020 #33

K&R! 2naSalit May 2020 #3

I think it's this or massive riots when unemployment runs out. roamer65 May 2020 #5

Agreed. sarcasmo May 2020 #6

Will the $2000 be paid for by increasing taxes on the rich? at140 May 2020 #7

Pressure is growing for negative interest rates. roamer65 May 2020 #8

That's true jimfields33 May 2020 #10

Since the debt is so large, high interest rates will only happen in a currency crisis. roamer65 May 2020 #11

+1 sandensea May 2020 #32

Not quite, I own T-bonds 10 years ago on which the gov't is obligated to pay the stipulated interest at140 May 2020 #23

Dang. Very complicated jimfields33 May 2020 #25

Yes, debt is usually a losing proposition, I prefer increasing taxes on those who at140 May 2020 #27

60 pct tax on the rich. roamer65 May 2020 #12

Oh, but they're the job creators!!! Yavin4 May 2020 #14

Not all rich people's income goes towards creating jobs at140 May 2020 #26

Yes, and the rich person dives through that money in a giant vault like Scrooge McDuck hughee99 May 2020 #36

A rich person doesn't build a building wryter2000 May 2020 #58

Jobs for robots! Hermit-The-Prog May 2020 #42

Start w/70% tax rate, but give tax breaks for actual jobs created Bucky May 2020 #64

Agreed for drastic increase on incomes over $1 million/year at140 May 2020 #24

So what? stopbush May 2020 #20

How about we just stop building aircraft carriers? Mr.Bill May 2020 #74

Watch Canada for doing this same program. Wellstone ruled May 2020 #9

"wary of the impact on deficit spending" Absolutely Hilarious! bucolic_frolic May 2020 #13

+1 c-rational May 2020 #17

If "printer go brrrr" for the military and the megacorporations Grokenstein May 2020 #19

Do Something About Rent erpowers May 2020 #15

Wouldn't the $1,000-2,000 a month pay the rent? forthemiddle May 2020 #50

In some locations, it might pay for the bedroom closet. Pacifist Patriot May 2020 #51

$1500 for a very small one-bedroom obamanut2012 May 2020 #60

$1643 per month for a small apt in a 1961 building More_Cowbell May 2020 #68

My son pays 1200/mo in San Antonio for a two bd/ba. He has a roommate. SammyWinstonJack May 2020 #53

Pay For Other Things erpowers May 2020 #57

Fiscal hawks have a problem? Just roll back all those tax cuts for billioniares! BamaRefugee May 2020 #16

⬆️ This, right here ⬆️ JudyM May 2020 #75

let's see if it happens. jorgevlorgan May 2020 #18

A great idea that will directly help millions, prop up the economy stopbush May 2020 #21

That right there is the policy of the Democratic Party. It is the General Election win point. ancianita May 2020 #22

Exactly. As soon as the Republicans say no, it becomes Biden's winning platform. (n/t) thesquanderer May 2020 #72

How to pay for it? Repeal every last tax cut for the wealthy, and tax the hell out of them. onecaliberal May 2020 #28

Madam speaker also said in her statement the next package must include help for the USPS Thekaspervote May 2020 #29

:) Yes. nt Hortensis May 2020 #54

And I hope support for 100% mail-in voting. That will be a game changer! OMGWTF May 2020 #73

"... concerns from moderate members and fiscal hawks ...." area51 May 2020 #30

I know! It's like when Senator Collins says she's "concerned" lunatica May 2020 #45

Great move! JoeOtterbein May 2020 #31

GOOD TO SEE THIS. riversedge May 2020 #34

Omar's Rent and Mortgage Cancellation Act should get some more traction IronLionZion May 2020 #35

This is a really good post, Randy. Two points: PatrickforO May 2020 #37

Nah Ollie Garkie May 2020 #38

We can still push him to act on it. RandySF May 2020 #43

if we don't do things like this KayF May 2020 #49

It should have been done at the Start with a National Shut Down JI7 May 2020 #39

Agreed MoonlitKnight May 2020 #48

Well JmAln May 2020 #52

When People Recoil In Horror Over The Very THOUGHT Of This Idea.......... ChoppinBroccoli May 2020 #40

A basic income even post-CV19 is a good idea for capitalism PufPuf23 May 2020 #41

GREAT!! Buckeye_Democrat May 2020 #44

Of course this can't happen durablend May 2020 #65

I would add something to the bill DFW May 2020 #46

THIS Jamastiene May 2020 #62

I live on 1000 a month, for me this would be amazing Marrah_Goodman May 2020 #47

Kudos to our Speaker hangaleft May 2020 #56

This will be a winning campaign issue. SoonerPride May 2020 #59

That money comes from us in the first place. Jamastiene May 2020 #61

Don't know about you, but my spouse and I don't pay $48k in taxes every year. MichMan May 2020 #76

Somewhere up in heaven, Andrew Yang is smiling down on us Bucky May 2020 #63

Good. Many people can't pay rent Dandelyon May 2020 #66

I would feel slightly guilty about taking that money, PoindexterOglethorpe May 2020 #67

That's what I did, donated to two food banks More_Cowbell May 2020 #69

I did that with my stimulus check. PoindexterOglethorpe May 2020 #70

There are lots of very worthwhile charities out there. Mariana May 2020 #77

Thank you for that information, PoindexterOglethorpe May 2020 #78

I'm glad she's floatin' it out there.... Upthevibe May 2020 #71