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2021-02-27 Home Front: Politix

House Democrats pass sweeping $1.9T COVID-19 relief bill with minimum wage hike

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Posted by Besoeker 2021-02-27 07:48|| || Front Page|| [12 views ] Top

#1 Maybe it'll be as useful as $600 billion before the election. Inflation, you know!

Posted by Bobby 2021-02-27 11:43|| 2021-02-27 11:43|| Front Page Top

#2 I with they would stop calling it a COVID relief bill. It's a Pork bill. Only about 10% goes to covid relief - the rest to pork right?

Posted by CrazyFool 2021-02-27 12:22|| 2021-02-27 12:22|| Front Page Top

#3 Mouse Radio told me the only way Big Corp will go back to "normal" is to be OK with this bill.

I'm putting my chips down on Pre-emptive Bailout for Big Corp to Go Along With Minimum Wage Scheme.

If correct, their plan isn't to change or centralize the economy, but nuke it and rule over what is left.

Posted by swksvolFF 2021-02-27 14:26|| 2021-02-27 14:26|| Front Page Top

#4 Introducing the US to hyperinflation so it can feel even MORE like Venezuela. This it the looting stage before the collapse of the public trust in fiat money. At the end of the second Bush administration the national debt was pegged at somewhere around 11 trillion (roughly 70+% of annual GDP). Today, north of 30 trillion, or roughly twice normal GDP (old measure). That is like having a credit card bill of $140,000 if you are an average American family. Now, at 1% interest, the annual interest charges alone will devour all of the defense budget, and if rates start to return to historic norms, we become the modern Weimar Republic. 12 years and debt tripled. In a grownup world we would have jailed every single member of government and Congress who had a hand in this debacle. They have stolen our children's future.....

Posted by NoMoreBS 2021-02-27 14:40|| 2021-02-27 14:40|| Front Page Top

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