The US Aid Package

28 Mar 2020 13:30 #11 by ScienceChic
Replied by ScienceChic on topic The US Aid Package
Giving aid directly to individuals seems the easiest, most direct way to help everyone, whether they be employees or employers. If a person who owns a business gets stimulus relief and can pay their home mortgage (or their business rent), then the pressure is lessened for sales to cover their bills and they can stay afloat longer. When people have money to spend, they spend it and the economy can keep chugging along. Why this focus on businesses rather than just helping people? Cuz lord knows our middle class and poor need it.

The typical US worker can no longer afford a family on a year's salary, showing the dire state of America's middle class
Hillary Hoffower, Business Insider | Feb 25, 2020

The American economy may be booming, but its middle class is struggling.

The median male US worker now has to earn more than a year's salary to afford the annual expenses for a family of four, according to "The Cost of Thriving Index " published by the Manhattan Institute, a conservative think tank, and previously reported by The Washington Post.

In 1985, the typical male worker needed 30 weeks' pay to cover the $13,227 required for a family of four's major living costs: housing, healthcare, transportation, and education. As of 2018, those expenditures had risen to $54,441, and the typical male worker has to work 53 weeks to get there (shown in the chart below). "This is a problem, as there are only 52 weeks in a year," Oren Cass, the report's lead author, wrote.


"Now, more than ever, the illusions of division threaten our very existence. We all know the truth: more connects us than separates us. But in times of crisis the wise build bridges, while the foolish build barriers. We must find a way to look after one another as if we were one single tribe.” -King T'Challa, Black Panther

The truth is incontrovertible. Malice may attack it. ignorance may deride it, but in the end, there it is. ~Winston Churchill
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28 Mar 2020 13:58 - 28 Mar 2020 14:02 #12 by ramage
Replied by ramage on topic The US Aid Package
SC,
The focus is not on businesses to the exclusion of the middle class and poor. Rather without the businesses they have no jobs, ergo no money, unless you plan to dole out checks ad infinitum. The democrats in their proposal wanted to crave out the Trump Organization from receiving any monies. This doesn't hurt DJT, Jr. and his brother who run it. Rather the at least 22,450 employees (Fortune magazine 12/16/16). These are middle class or entry level employees, who will be laid off. Where do they go after their unemployment benefits are exhausted? It is interesting that the democrat governor of Illinois, Pritzker, owns along with his family a vast majority of Hyatt Hotels, which were started by his uncle and father, was not carved out.
Koobookie,
So this" come along" restaurateur has pockets full of money and a warehouse of material. Pray tell where did he come from? By the way, aren't the owner and family of the now out of business Crossroads, people? Shouldn't they be considered "People" because they are bankrupt and have no money.
I did not know that most small businesses issue stock and are publicly traded. Do you have inside information?

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28 Mar 2020 15:50 #13 by Rick
Replied by Rick on topic The US Aid Package

ramage wrote: SC,
The democrats in their proposal wanted to crave out the Trump Organization from receiving any monies. This doesn't hurt DJT, Jr. and his brother who run it. Rather the at least 22,450 employees (Fortune magazine 12/16/16). These are middle class or entry level employees, who will be laid off. Where do they go after their unemployment benefits are exhausted? It is interesting that the democrat governor of Illinois, Pritzker, owns along with his family a vast majority of Hyatt Hotels, which were started by his uncle and father, was not carved out.

Since when is it ok for the party not in power to financially destroy the president? These people hate Trump so much that they would be willing to sacrifice all the people his companies employ while giving their own a pass. These pukes are pathetic and evil and their sheep are perfectly fine with it.

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

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28 Mar 2020 16:22 #14 by koobookie
Replied by koobookie on topic The US Aid Package

Rick wrote:

ramage wrote: SC,
The democrats in their proposal wanted to crave out the Trump Organization from receiving any monies. This doesn't hurt DJT, Jr. and his brother who run it. Rather the at least 22,450 employees (Fortune magazine 12/16/16). These are middle class or entry level employees, who will be laid off. Where do they go after their unemployment benefits are exhausted? It is interesting that the democrat governor of Illinois, Pritzker, owns along with his family a vast majority of Hyatt Hotels, which were started by his uncle and father, was not carved out.

Since when is it ok for the party not in power to financially destroy the president? These people hate Trump so much that they would be willing to sacrifice all the people his companies employ while giving their own a pass. These pukes are pathetic and evil and their sheep are perfectly fine with it.


It's not to financially destroy the President, it's to keep him from profiting off his position, which he has shown to have done in the past.

There is a big difference between hate and anger. You may say that liberals hate Trump - some do - but most are just angry at his actions.

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28 Mar 2020 16:24 #15 by koobookie
Replied by koobookie on topic The US Aid Package

ramage wrote: Koobookie,
So this" come along" restaurateur has pockets full of money and a warehouse of material. Pray tell where did he come from? By the way, aren't the owner and family of the now out of business Crossroads, people? Shouldn't they be considered "People" because they are bankrupt and have no money.
I did not know that most small businesses issue stock and are publicly traded. Do you have inside information?


Golly gee whiz, maybe they can get a loan from a bank to start a business, like most small owners do?

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28 Mar 2020 18:08 #16 by ramage
Replied by ramage on topic The US Aid Package
Hard to get a loan from banks with tight money and you are in the midst of filing for bankruptcy.

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