Many Americans have already received a relief check from the government. But believe it or not, some leaders in Congress want to do much more.
After stalling on replenishing the PPP, it looks like Democrats want to give away the farm.
Apparently, they believe the government should spend BIG BUCKS, for months to come.
Members of Congress have made two separate proposals, one that would provide Americans over the age of 16 with a $2,000 monthly check for up to 12 months, and one that would cancel rent and mortgage payments through the duration of the coronavirus emergency.
Wow. Talk about a pork bill. Democrats in Congress are pushing two additional proposals to “help” Americans during this crisis.
One involves giving all Americans (including teenagers who don’t work) $2,000 a MONTH for a year.
The other bill would “cancel” all rent and mortgage payments through the duration of the virus crisis.
But what isn’t mentioned? The price tag. A basic calculator will tell you it’s going to be well into the trillions.
Now you’re beginning to see why some Democrats don’t want to reopen America’s economy. They are looking to spend massive amounts of money (what could end up being tens of trillions of dollars), to “bail” out suffering Americans.
Instead of just helping get businesses open again and getting the economy up and running, they want to hand out checks to people.
And can someone please explain to me how Congress has the power to just “cancel” rent and house payments?
They do know that private citizens and businesses depend on that money, right?
These aren’t evil landlords punishing citizens. These are fellow citizens who need that money to keep the lights on.
There are so many problems with these plans. Some think this kind of mega-massive bailout would spike inflation to staggering heights. Making these payments all but useless. Which means most Americans (low and middle-income families) will suffer.
Then you have to consider just what people are going to do with this free money. Even with millions out of work, there are many more still working.
What are they going to do with approximately $2-6,000 in extra cash? Not use it wisely, that’s for sure. Especially teenagers—who knows what they would do with it?
Whatever happened to people working hard for their money and spending it properly? Just because we had to battle a virus didn’t give Democrats the permission to push socialism on us.
But that’s exactly what they’re trying to do. They don’t explain where they’ll get this money. Big and small businesses would tank if they raised taxes high enough to pay for all this.
There wouldn’t be enough rich Americans to cover the costs. Which could result in a total collapse of our currency, and ultimately the economy. Then we’re in Venezuela territory, baby.
But when have Democrats ever thought that far ahead? After all, their “prince” Obama contributed to depleting the national stockpile of emergency medical supplies without refilling it.
He never expected the country to be in another crisis?
SHARE to let Democrats know you reject their stealth socialist scheme.