On Saturday, February 20, 2021 at 3:59:54 PM UTC-5, wrote:
On Sat, 20 Feb 2021 06:08:01 -0800 (PST), trader_4 posted for all of us to
digest...
Funny how a whole generation grew up during the Great Depression and
became successful. And that included blacks and other minorities.
Then for 50 years we poured trillions into welfare programs that paid people
to have more kids and to not have a father around. Imagine if that money
had been left with the taxpayers, how many jobs it would have created,
the improved economy that would have benefited everyone. But Democrats
never learn, idiots like Ying Yang want to just give everyone $12K a year.

Redistribution of wealth. If someone gets $12K a year where does it come from
(assuming the gov't press' aren't involved) the taxpayers. The taxpayers have
less money so they spend less, inflation starts, growth stops. So if you are
making $48K a year your income just got cut by 1/4. Look at the Carter years,
do you want to repeat them? I don't.

--
Tekkie

Less spending doesn't cause inflation, exactly the opposite. If there is less
money available, less spending, prices decline. The math on someone earning
$48K paying $12K in any such scheme doesn't add up either. if the Democrats
had their way, people earning $48K would not pay much, if any, of the $12K
handout. They would put it mostly on higher incomes. Plus those that earned
$48K would also get the $12K, so they would be way ahead. It's still a stupid,
dangerous and bad idea though. Ying Yang is running for mayor of NYC.
That's a good place, his fellow lib de Blasio has that place pretty much
screwed already.