If this is true and Trump is not trolling, then BAD TRUMP.

Here is what he should do instead.

1. Take all the tariff money and put it towards the federal debt. It won't be significant but it will show everyone that he is serious about the debt.
2. If he doesn't want to do it and do something populist instead, send the money to people who are not wealthy and struggling, not to wealthy folks like most of us here. I would like Homeless Steve to get $2000 instead of Trump sending me a check for example.

The American habit of not saving and blowing up any spare cash they get their hands on needs to be curbed and curtailed.


Trump could send Americans $2k tariff checks: How to invest it
https://finance.yahoo.com/video/trump-could-send-americans-2k-173020363.html

Quote:

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US President Trump has floated giving American taxpayers an up to $2,000 check, in a payment "almost like a dividend" funded by tariffs.

PNC Asset Management Group chief investment officer Amanda Agati and Yahoo Finance Senior Reporters Brooke DiPalma and Ines Ferr discuss the potential Trump check.

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infinity ag said:

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The American habit of not saving and blowing up any spare cash they get their hands on needs to be curbed and curtailed.

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Good luck with that.

Moronic idea.

Like tariffs.

Also, doing what you said doesn't help him in the mid-terms.

This is not conservative - tariffs (tax on Americans) then give them some of their money back by a check with his name on it. This is also inflationary, like the stimulus checks.

Gonna blow it all on WWR stock

GeorgiAg said:

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infinity ag said:

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The American habit of not saving and blowing up any spare cash they get their hands on needs to be curbed and curtailed.

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Good luck with that.

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I know.

But think about this. If the entire country spends and spends, we have an economy that is moving and booming. But if YOU save and spend wisely, you are the smart one in a sea of dunderheads. So when you get to 60, you have many millions stashed away for a comfortable retirement while your spend-thrift friends are all struggling and begging each other for money.

I think it should just go to CEO's


They are the drivers of this economy and country, both morally and fiscally.

Gnome Sayin said:

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Gonna blow it all on WWR stock

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My brother-in-law bought a fishing boat with his stimulus money. We call it the USS Stimulus. (It's a crappy boat)

GeorgiAg said:

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Also, doing what you said doesn't help him in the mid-terms.

This is not conservative - tariffs (tax on Americans) then give them some of their money back by a check with his name on it. This is also inflationary, like the stimulus checks.

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Calling Tariff as a tax on Americans is a very simplistic and one dimensional way of looking at it. The goal is to get others to remove their tariffs and to spur local production. Yes, prices will go up but will create more jobs. You can get cheap prices but lose all your jobs. Nothing is free - you get to pick.

If prices are higher I will consume less and waste less. That also can be a good thing.

Im Gipper said:

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I think it should just go to CEO's


They are the drivers of this economy and country, both morally and fiscally.

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You can't be serious

Im Gipper said:

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I think it should just go to CEO's


They are the drivers of this economy and country, both morally and fiscally.

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That is what Reagan did with his brain-dead idea of trickle down economics.

Agreed on using it towards the debt.....

If the fed. govt. must give it to the people, give it to the tax payer in the form of tax deductions.

infinity ag said:

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If prices are higher I will consume less and waste less. That also can be a good thing.

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I'm sure Wall Street, jobs and GDP numbers will love that on a macro scale.

Quote:

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I would like Homeless Steve to get $2000 instead of Trump sending me a check for example.

The American habit of not saving and blowing up any spare cash they get their hands on needs to be curbed and curtailed.

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Seems contradictory.

YouBet said:

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Quote:

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I would like Homeless Steve to get $2000 instead of Trump sending me a check for example.

The American habit of not saving and blowing up any spare cash they get their hands on needs to be curbed and curtailed.

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Seems contradictory.

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No, you give the homeless $2,000 but tell them they need to SAVE it.

GeorgiAg said:

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Gnome Sayin said:

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Gonna blow it all on WWR stock

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My brother-in-law bought a fishing boat with his stimulus money. We call it the USS Stimulus. (It's a crappy boat)

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When WWR explodes I'm gonna name my yacht the USS Lambo.

infinity ag said:

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Im Gipper said:

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I think it should just go to CEO's


They are the drivers of this economy and country, both morally and fiscally.

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That is what Reagan did with his brain-dead idea of trickle down economics.

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You realize that was just the Democrat name for market economics, right? Like... how markets work, as if it was something Reagan came up with...

its about midterms. Conservatives and right/center indys are going to vote red regardless, dems looking for an excuse to pull red can likely be bought off with a check. Personally I'd rather we apply the funds to the debt, but if it anyway keeps the balance of both houses securely red then I am all for it

I thought one of the arguments for tariffs was that it would replace income taxes. So, lower my income taxes then.

Gnome Sayin said:

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GeorgiAg said:

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Gnome Sayin said:

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Gonna blow it all on WWR stock

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My brother-in-law bought a fishing boat with his stimulus money. We call it the USS Stimulus. (It's a crappy boat)

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When WWR explodes I'm gonna name my yacht the USS Lambo.

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Half of Texags is gonna be driving Lambos. Need to invest in Lambo stock.

I wouldn't mind getting that check right now

GeorgiAg said:

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infinity ag said:

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If prices are higher I will consume less and waste less. That also can be a good thing.

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I'm sure Wall Street, jobs and GDP numbers will love that on a macro scale.

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Well you are right and that actually is the whole problem. This country is tuned to what Wall St wants. Not what people want. The only way to get rich is to hitch one's wagon to Wall Street (which I have done myself). There is no future in good old hard work in this country anymore.

YouBet said:

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Quote:

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I would like Homeless Steve to get $2000 instead of Trump sending me a check for example.

The American habit of not saving and blowing up any spare cash they get their hands on needs to be curbed and curtailed.

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Seems contradictory.

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How so?

Homeless Steve needs money to eat and put a roof over his head.

I am well past that (never was in that situation). I am saving for retirement. Poor Steve has no chance of a good retirement as he will be panhandling at 80.

Pay down the ****ing debt.

For the crowd that thinks "it's not inflationary because it doesn't increase the money supply," this definitely increases the money supply.

infinity ag said:

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If this is true and Trump is not trolling, then BAD TRUMP.

Here is what he should do instead.

1. Take all the tariff money and put it towards the federal debt. It won't be significant but it will show everyone that he is serious about the debt.
2. If he doesn't want to do it and do something populist instead, send the money to people who are not wealthy and struggling, not to wealthy folks like most of us here. I would like Homeless Steve to get $2000 instead of Trump sending me a check for example.

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Its an altogether stupid idea (just like tariffs). But if he DOES do it, your idea above is just more wealth redistribution - no thanks.

I can guarantee you tariffs are costing those of us that are more well off more than those that aren't - after all it is somewhat directly tied to how much you spend.

javajaws said:

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infinity ag said:

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If this is true and Trump is not trolling, then BAD TRUMP.

Here is what he should do instead.

1. Take all the tariff money and put it towards the federal debt. It won't be significant but it will show everyone that he is serious about the debt.
2. If he doesn't want to do it and do something populist instead, send the money to people who are not wealthy and struggling, not to wealthy folks like most of us here. I would like Homeless Steve to get $2000 instead of Trump sending me a check for example.

---

Its an altogether stupid idea (just like tariffs). But if he DOES do it, your idea above is just more wealth redistribution - no thanks.

I can guarantee you tariffs are costing those of us that are more well off more than those that aren't - after all it is somewhat directly tied to how much you spend.

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Nothing wrong in wealth distribution to poor people. We distributed a lot of money to CEOs and wealthy people and you did not complain about that, did you?

Americans not saving and spending is how this economy runs duh

These checks are idiotic. Always idiotic.

So, they take tariffs from all American consumers that pay most of the cost effectively, but stealthily, then give it back as a really obvious ploy to get support from the voters.

Bribe people with their own money? Or at least bribe the poorer voters with money from the more wealthy voters, is what that will be. I'm not sure how this helps inflation at all.

javajaws said:

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infinity ag said:

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If this is true and Trump is not trolling, then BAD TRUMP.

Here is what he should do instead.

1. Take all the tariff money and put it towards the federal debt. It won't be significant but it will show everyone that he is serious about the debt.
2. If he doesn't want to do it and do something populist instead, send the money to people who are not wealthy and struggling, not to wealthy folks like most of us here. I would like Homeless Steve to get $2000 instead of Trump sending me a check for example.

---

Its an altogether stupid idea (just like tariffs). But if he DOES do it, your idea above is just more wealth redistribution - no thanks.

I can guarantee you tariffs are costing those of us that are more well off more than those that aren't - after all it is somewhat directly tied to how much you spend.

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Any proof Tarrifs have increased consumer prices?

Pay down part of the debt? It won't even balance the budget. This year.

this month

MouthBQ98 said:

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So, they take tariffs from all American consumers that pay most of the cost effectively, but stealthily, then give it back as a really obvious ploy to get support from the voters.

Bribe people with their own money? Or at least bribe the poorer voters with money from the more wealthy voters, is what that will be. I'm not sure how this helps inflation at all.

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When did fiscal liberals, like Trump, ever worry about inflation?

By and large, those wealthy paying taxes also produce far more for the economy (and the government) on a per person basis than they consume. Most "tax payers" are net tax recipients from the government. Only about the top 10-20-% of us are carrying the load.