Quote from: hunter7519 on July 12, 2020, 01:14:12 PM

The proposal is still under consideration, but I strongly doubt it will happen.

Then again, I strongly doubted the initial $1200 payment was going to happen, but it totally did.

It’s not as bad an idea as it seems at first appearance. It’s expensive, sure, but this is effectively a world war (it will kill a world war’s worth of people and every nation is fighting the enemy together, because we all collectively have no choice), so the appropriate question is not “is this more expensive than your average Tuesday” but more “is this more expensive than World War II was?”

The difference now is the national debt vs. GDP has already surpassed the height of WWII, and that happened back in April. Where does it end? The obvious worry is the US is going to follow in Japan's footsteps.

Quote from: hunter7519 on July 12, 2020, 01:14:12 PM

It seems reasonably obvious to me that if you order people not to work, you must also provide them a way to feed their families.

You cannot do one without the other or there will be riots, and not without justification.

Well that's why the Republicans are pushing for incentives on the supply side like a back-to-work bonus, payroll tax cuts, etc. They can't keep doling out entitlements and preaching fiscal responsibility with a straight face.

The ongoing payment thing will never pass the Senate. I think we'll see a compromise in the form of another $1,200 payment, just like the first one. That'll be it until and unless things reach crisis levels again.