An infrastructure bill will likely come in 2021.@Shop-et-al wrote:
- Infrastructure. There is always a need for new features and/or maintenance.
There's definitely going to be behavioral changes post-COVID. People will save more and create that boring emergency fund. It's not sexy, but it's a must. Dave Ramsey always harps on this and has said that he's been hearing so much regret from people not following this step in his "Baby Steps" rules.@Shop-et-al wrote:
What should be happening with a significant number of people is this: Of all people who did not/do not have covid, many people should be smacking their heads if they did not prepare before the very thought of covid for a long stretch of trouble.
President Donald Trump reversed course Tuesday night and urged Congress to approve a series of coronavirus relief measures that he would sign, including a new round of $1,200 stimulus checks for Americans.
I guess we'll have to wait on what he's going for...a series of smaller bills? A one-time big bill? . . .@ wrote:
“If I am sent a Stand Alone Bill for Stimulus Checks ($1,200), they will go out to our great people IMMEDIATELY. I am ready to sign right now. Are you listening Nancy?” Trump tweeted Tuesday night.
Our sovereign/government debt issues are ones that have grown over the course of many decades.@Shop-et-al wrote:
There is a huge price to pay for each trade-off that will be felt for the near future and years and years to come... one way or another, this country will feel the effects of covid even after the symptoms disappear.
WOW! That's wonderful your mom is okay. Good to still be very careful, but great to hear she recovered from COVID!@heather shops wrote:
My mom had covid19 but is ok now. She has lung cancer so the antibiotics they gave her helped with the cancer. I am taking my covid test Oct. 28 and will leave Nov. 3. I am very thankful for the 30 minute visits believe me!!!!!!!!!!!!!!!!!
I fear a 2008-9 repeat: Big banks got bailed out with no strings attached money, as homeowners and Main Street got nothing. Because there was no mandate to lend, bailed out banks actually profited more by: a.) holding their excess cash at the Federal Reserve for a free risk-free profit (interest); b.) letting the economy fall apart and watch asset prices and assets fall. They could later buy up those assets of foreclosed homes and cheap stocks/bonds for an even greater profit vs. lending with risk to Main Street. In other words, they stood to gain more by letting the economy fall apart than to lend and stimulate it.@teriraia wrote:
As long as the stock market is gaining there will be no stimulus package. They worked very fast and hard when the market was in trouble but now it is just crickets.
(Nate Silver - election guru - tweet)@ wrote:
I'm not sure it's really sunk in yet, even among reporters, that we're probably going to get 2 runoffs in Georgia on Jan. 5 that will determine control of the Senate.
I promised ishop123 that I'd avoid pure political chat in the forum, so I won't comment. I've only made political references when they've been tangentially relevant to non-political topics, such as stimulus and the economy.@Shop-et-al wrote:
A Republican-controlled Senate will be an assertive barrier between lunacy and hope for the future...
For those who want less stimulus, due to debt and deficit concerns, it's important to understand that "not enough" stimulus can also add to the debt and deficit. How so?@Shop-et-al wrote:
The recent buzz is for a stimulus deal. The size of it matters for years to come! The bigger the stimulus now, the heavier the burden later. Many of us will be long gone when future generations of leaders and peons are grappling with the effects of current choices. All things considered, I would prefer for the people in the future generations to travel lightly instead of dragging around a ball and chain of debt from this year...