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Two trillion $ relief


little2add

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ReasonableFaith
On 3/12/2021 at 4:37 PM, little2add said:

I can say you one thing sure that it  isn’t.   It isn’t Covid relief,  by any stretch of the imagination.

It could be well argued only about 1/3 of the spending in this bill is aimed directly at COVID relief. Could reasonable people agree upon what proportion of a bill’s spending must be directed towards the tittle of a bill to legitimize said bill or its title?  If so, what proportion may be reasonable? Eg....51, 60, 70, 84, 98, 100%? Would this proportion stand no matter the balance of political power in Washington?

The subject of this thread seems to American Rescue Plan Act of 2021.  Would the agreed upon proportion of spending need to be aimed at the actual title of the bill or the colloquially used name of the bill, in this case COVID relief?

 

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7 hours ago, ReasonableFaith said:

actual title of the bill

9-A04-BDA8-D4-D0-449-C-97-DF-F854-BA81-A
 

Pandora, in Greek means “the one who bears all gifts”.

BEWARE

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ReasonableFaith
18 hours ago, little2add said:

Pandora, in Greek means “the one who bears all gifts”.

BEWARE

Should one consider this as the original ‘Pandora’s Box’ legislation? Or should it merely be considered as one amongst many?

It may seem to some the:

15th Amendment 

19th Amendment 

Social Security Act of 1935

Voting Rights Act of 1965

USA Patriot Act (2001)

Emergency Economic Stabilization Act of 2008

...all opened fairly large boxes one could potentially ascribe a Greek name by way of a meaningless meme. 

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I'm not sure why, after starting the thread with more pointed questions, you are now going after L2A's communication style ...

 

For that matter, why do I care? ...Never mind me. ;)

Edited by chrysostom
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The bottom line is.  

Our national debt increased from $10 trillion (2008) to $19.6 trillion (2016) to $23.6 trillion (2020) and stands at $28 trillion today. 

.


 

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fides' Jack
On 3/14/2021 at 9:29 PM, ReasonableFaith said:

Should one consider this as the original ‘Pandora’s Box’ legislation? Or should it merely be considered as one amongst many?

It may seem to some the:

15th Amendment 

19th Amendment 

Social Security Act of 1935

Voting Rights Act of 1965

USA Patriot Act (2001)

Emergency Economic Stabilization Act of 2008

...all opened fairly large boxes one could potentially ascribe a Greek name by way of a meaningless meme. 

They weren't meaningless.  You're correct - several of these helped to pave the way for our destruction, which is now in progress.

On 3/15/2021 at 3:10 AM, little2add said:

The bottom line is.  

Our national debt increased from $10 trillion (2008) to $19.6 trillion (2016) to $23.6 trillion (2020) and stands at $28 trillion today. 
 

Unfortunately, I don't think it matters anymore.  While there are some countries that are doing better than us, the majority of the world is so far into meaningless debt now that we are headed toward an inevitable economic collapse.  When they print money now, such as through the bill that just passed, it's just staving off that collapse.

It's interesting to me that the Church has always maintained that a global economic collapse would occur in the end times (from countdowntothekingdom.com): world war, economic collapse, and social collapse, which all precede the antichrist.

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13 hours ago, hakutaku said:

CFA964-F3-0-CDA-427-C-81-EF-3-C6-A960590$84,699.00 per person for every man, woman and child in the USA

$84,699.00 and growing exponentially.   I may be wrong but you can’t fix debt by borrowing more money.   

7-D1-EDDCC-43-BB-4-A64-9675-2-DA7-E27198

nearly twice revenue (GNP) revenue it comes in to the US treasury,  goes out  or is spent.  
I don’t like to be pessimistic but it is unlikely that things are not going to end well, regarding prosperity both here in the US and abroad.   

 

 

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22 hours ago, little2add said:

I don’t like to be pessimistic but it is unlikely that things are not going to end well, regarding prosperity both here in the US and abroad. 

Why won't things end well?

https://www.nytimes.com/2021/03/22/opinion/us-inflation-stimulus.html

Quote

Now here we are again. The US $ 1.9 trillion bailout will undoubtedly provide significant economic stimulus. Virtually everyone, from private predictors to the Fed itself, expects an economic boom, with the US economy growing at rates not seen since the 1980s. There will almost certainly be an increase in the economy. inflation too, perhaps well above the Fed’s 2% target. per year.

 

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1 hour ago, hakutaku said:

Why won't things end well?

Because you can’t rob Peter to pay Paul

In case you don’t understand I am using a metaphor

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26 minutes ago, little2add said:

Because you can’t rob Peter to pay Paul

The government isn't forcing anyone to loan them money though?

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