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Spero

ass rainbow
Jul 12, 2005
2,072
0
Tejas
Senate passes stimulus package

The Senate accord -- reached after days of bickering and passed by 91-6 -- keeps the House-passed rebate check amounts of $300 to $600 for people who have an income between $3,000 and $75,000, plus $300 per child.

Couples earning up to $150,000 would get $1,200.

But the plan also gives checks to more than 20 million Social Security beneficiaries and 250,000 handicapped veterans and their widows.
 

$tinkle

Expert on blowing
Feb 12, 2003
14,591
5
of the 20M SS beneficiaries, i wonder how many have already put in to the pot. i also wonder just how this will curtail our main economic shortcoming: deficit spending.

i think i'll buy $1200 worth of mcd's stock, even though dubya wants me to buy only the happy ending meals

sorry if i sound like a ****ing liberal, this **** just doesn't add up.
 

valve bouncer

Master Dildoist
Feb 11, 2002
7,791
35
Japan
When I first saw the thread title I though you meant rape, then I realised there must have been a bunch of them.:twitch:
 

Westy

the teste
Nov 22, 2002
36,642
3,456
Sleazattle
So is it safe to say that from here on out every time economic growth drops below 3% the government is just going to start handing out checks?

Since when did recession mean <3% growth and not <0%?



Here is an idea. Instead of privatizing social security how about we just make SS like a 401K that you buy federal bonds with? It would keep the debt within the country and it would make people give a **** about national debt levels. Probably a bad idea but it popped into my head and I thought I'd type it out.
 

fluff

Monkey Turbo
Sep 8, 2001
5,672
0
Feeling the lag
So is it safe to say that from here on out every time economic growth drops below 3% the government is just going to start handing out checks?

Since when did recession mean <3% growth and not <0%?



Here is an idea. Instead of privatizing social security how about we just make SS like a 401K that you buy federal bonds with? It would keep the debt within the country and it would make people give a **** about national debt levels. Probably a bad idea but it popped into my head and I thought I'd type it out.
I think current usage is something along the lines of recession being a drop in growth, and depression negative growth.

I can't confirm that because I set my firewall to block attempts to connect to Wikipedia and then I burnt my copy of the password to reconfigure it.
 

J-Dubs

Monkey
Jul 10, 2006
702
0
Salem, MA
Here is an idea. Instead of privatizing social security how about we just make SS like a 401K that you buy federal bonds with? It would keep the debt within the country and it would make people give a **** about national debt levels. Probably a bad idea but it popped into my head and I thought I'd type it out.

I like it. The only hard part is convincing Republicans to care about debt levels.
 

$tinkle

Expert on blowing
Feb 12, 2003
14,591
5
When I first saw the thread title I though you meant rape, then I realised there must have been a bunch of them.:twitch:
i think you caught a typo, and it should be rape.

throwing us some cash is like saying "now go clean yourself up"
 

Westy

the teste
Nov 22, 2002
36,642
3,456
Sleazattle
I think current usage is something along the lines of recession being a drop in growth, and depression negative growth.

I can't confirm that because I set my firewall to block attempts to connect to Wikipedia and then I burnt my copy of the password to reconfigure it.
From wiki
In macroeconomics, a recession is a decline in a country's gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year.