The coming social crises.

[MtnMan]

At some point rent/eviction, utility cutoffs, mortgage protections are going to expire, and it's going to be ugly.

This is going to make the housing crisis from around 2008 look like a minor inconvenience. In my state, NC, Duke Energy customers are $170,000,000 behind in their electric bills. They cover a large portion of the state, but not all. I suspect the same is true for other utilities, mainly natural gas, and water.
Then there is rent protections that will expire, and come due. How are people going to recover from being 6 - 9 months or a year behind in rent? When will the mortgage protections expire and evictions/repossessions start?

When the number of new cases or number of deaths are not the most depressing statistics in the news, the economic destruction of too many people will be equally depressing. We already have such a high number of adult children having to live at home with their parents because housing/rent costs are beyond reach. What will it be in 2022-3 once (hopefully) COVID is in the rear view mirror?

 

[alien42]

January 1st 2021

 

[nickqt]

At some point rent/eviction, utility cutoffs, mortgage protections are going to expire, and it's going to be ugly.

This is going to make the housing crisis from around 2008 look like a minor inconvenience. In my state, NC, Duke Energy customers are $170,000,000 behind in their electric bills. They cover a large portion of the state, but not all. I suspect the same is true for other utilities, mainly natural gas, and water.
Then there is rent protections that will expire, and come due. How are people going to recover from being 6 - 9 months or a year behind in rent? When will the mortgage protections expire and evictions/repossessions start?

When the number of new cases or number of deaths are not the most depressing statistics in the news, the economic destruction of too many people will be equally depressing. We already have such a high number of adult children having to live at home with their parents because housing/rent costs are beyond reach. What will it be in 2022-3 once (hopefully) COVID is in the rear view mirror?

$10,000 to every US Adult. Costs 1.8T, which is 1/3 of what was spent earlier. The bill can be written on a page, and there's exactly zero special interests for either party, assuming neither party has a special interest in helping every US Adult.

Immediately helps 90% of the population struggling with their rent/mortgage, utilities, food, and debt.

Pass that bill tomorrow. On one page of paper.

Then the next day, you can pass another $1T bill to fund Police/Fire/Hospitals/Utility Companies so that everyone can stay safe, inside, and able to receive medical care if needed.

Then Democrats and Republicans can butt heads about which groups of rich and powerful people get more money because the pandemic cut into their expected earnings.

 

[MtnMan]

$10,000 to every US Adult. Costs 1.8T, which is 1/3 of what was spent earlier. The bill can be written on a page, and there's exactly zero special interests for either party, assuming neither party has a special interest in helping every US Adult.

Immediately helps 90% of the population struggling with their rent/mortgage, utilities, food, and debt.

Pass that bill tomorrow. On one page of paper.

Then the next day, you can pass another $1T bill to fund Police/Fire/Hospitals/Utility Companies so that everyone can stay safe, inside, and able to receive medical care if needed.

Then Democrats and Republicans can butt heads about which groups of rich and powerful people get more money because the pandemic cut into their expected earnings.

But... but... but... that would mean that republicatards actually give a damn about people that don't own yachts and contribute large chunks of cash to their re-election slush funds, from which they also enhance their lavish lifestyle.

 

[sportage]

Well.... if republicans out there will vote for the Democrats running in Georgia for senate then we can get all the help needed from a Biden administration and a Democrat controlled congress for those people needing help. We can get the checks, we can get the unemployment assistance, we can get the help for those facing eviction. Imagine if all that pain could be eliminated right away, well it can people but the cost for passing that help would be with electing a senate controlled by Democrats. So, will the voters in Georgia vote in their best interest? Or, will voters in Georgia to vote against their best interest? Sadly, way too many people not only in Georgia but across America are F-ing nuts and vote like F-ing morons. This could and should be so easy however F-ing morons can make it so hard. This relief could be so easy.

 

[brycejones]

Boot straps, the only GOP acceptable answer.

 

[jman19]

$10,000 to every US Adult. Costs 1.8T, which is 1/3 of what was spent earlier. The bill can be written on a page, and there's exactly zero special interests for either party, assuming neither party has a special interest in helping every US Adult.

Immediately helps 90% of the population struggling with their rent/mortgage, utilities, food, and debt.

Pass that bill tomorrow. On one page of paper.

Then the next day, you can pass another $1T bill to fund Police/Fire/Hospitals/Utility Companies so that everyone can stay safe, inside, and able to receive medical care if needed.

Then Democrats and Republicans can butt heads about which groups of rich and powerful people get more money because the pandemic cut into their expected earnings.

Not enough Trickle Down (TM)

 

[rmacd02]

$10,000 to every US Adult. Costs 1.8T, which is 1/3 of what was spent earlier. The bill can be written on a page, and there's exactly zero special interests for either party, assuming neither party has a special interest in helping every US Adult.

Immediately helps 90% of the population struggling with their rent/mortgage, utilities, food, and debt.

Pass that bill tomorrow. On one page of paper.

Then the next day, you can pass another $1T bill to fund Police/Fire/Hospitals/Utility Companies so that everyone can stay safe, inside, and able to receive medical care if needed.

Then Democrats and Republicans can butt heads about which groups of rich and powerful people get more money because the pandemic cut into their expected earnings.

This would not only help the people who need the money, but would also provide a big stimulus to the economy. Unfortunately, I see no possible way this happens. One can hope, I guess.

 

[MrSquished]

Who cares. The stock market is doing good with trillions of fed bucks. Fuck everybody else.

 

[rmacd02]

My bad. I forgot, the stock market IS the economy. Right?

 

[BoomerD]

$10,000 to every US Adult. Costs 1.8T, which is 1/3 of what was spent earlier. The bill can be written on a page, and there's exactly zero special interests for either party, assuming neither party has a special interest in helping every US Adult.

Immediately helps 90% of the population struggling with their rent/mortgage, utilities, food, and debt.

Pass that bill tomorrow. On one page of paper.

Then the next day, you can pass another $1T bill to fund Police/Fire/Hospitals/Utility Companies so that everyone can stay safe, inside, and able to receive medical care if needed.

Then Democrats and Republicans can butt heads about which groups of rich and powerful people get more money because the pandemic cut into their expected earnings.

That plan assumes every adult would do the adult thing with the money and use it to pay bills...instead of pissing it away on..."stuff."

Some would, for sure, but I suspect more would just spend it...

 

[Moonbeam]

Looks like we are going to need the man with the S on his chest. The only way out is SOCIALISM. Seems we man have to share the pain. Homeless starving people can get very mean.

 

[Moonbeam]

Or we can maybe sell the South to Mexico.

 

[imported_tajmahal]

Sounds great to me. Can i get 2? When can I get my $10,000 check and is there going to be another one in a few months?

 

[rmacd02]

Sounds great to me. Can i get 2? When can I get my $10,000 check and is there going to be another one in a few months?

The farce is strong with this one.

 

[imported_tajmahal]

The farce is strong with this one.

No, i'm serious, if the fucking clowns in Washington want to send me money, i'm happy to get it and use it. What do you think? I'm gonna refuse it on grounds it's some kind of "dirty money"

 

[rmacd02]

If you had stopped at "sounds great to me", I might have taken you at your word. It was what followed that inspired my remark. That, and your posting history.

 

[Leeea]

Or we can maybe sell the South to Mexico.

The Mexican authorities have responded to my inquiry. They have indicated that if we pay Mexico $2,291,114,880,000 per year, they will commence the clean up in the southern United States.

Initially I thought this was a bit expensive, but then those same Mexican authorities pointed that was only a mere $20,000 per person per year. Apparently this is far less then what said red states are currently receiving in federal aid every year.

This would result in the US paying off its entire deficit in less then one year. Sadly, my illuminate masters rejected this plan, claiming it was unethical to make someone else clean up the mess.

 

[nickqt]

That plan assumes every adult would do the adult thing with the money and use it to pay bills...instead of pissing it away on..."stuff."

Some would, for sure, but I suspect more would just spend it...

So, a stimulus where citizens get to touch the money before it goes straight to corporations and banks?

What's the problem?

 

[rmacd02]

Thanks, I was not sure how to dismiss his argument without sounding like an asshole.

You have set me free. lol

 

[Moonbeam]

The Mexican authorities have responded to my inquiry. They have indicated that if we pay Mexico $2,291,114,880,000 per year, they will commence the clean up in the southern United States.

Initially I thought this was a bit expensive, but then those same Mexican authorities pointed that was only a mere $20,000 per person per year. Apparently this is far less then what said red states are currently receiving in federal aid every year.

This would result in the US paying off its entire deficit in less then one year. Sadly, my illuminate masters rejected this plan, claiming it was unethical to make someone else clean up the mess.

Ethics can be a real bummer............

 

[skull]

So, a stimulus where citizens get to touch the money before it goes straight to corporations and banks?

What's the problem?

The problem is we'd have another 2 trillion deficit and the problem would still be there. A lot of people are only behind on mortgages and such because they decided hey if we defer payments we can get that new pool out back or whatever stupid shit they spend the money on. Those same people will just blow the 10k not pay their bills.

 

[Fenixgoon]

The problem is we'd have another 2 trillion deficit and the problem would still be there. A lot of people are only behind on mortgages and such because they decided hey if we defer payments we can get that new pool out back or whatever stupid shit they spend the money on. Those same people will just blow the 10k not pay their bills.

And what evidence do you have of that? That a significant portion of people skipped rent or mortgage payments for essentially a non-essential capital purchase?

Many people are saying you're full of shit...

 

[PingSpike]

That plan assumes every adult would do the adult thing with the money and use it to pay bills...instead of pissing it away on..."stuff."

Some would, for sure, but I suspect more would just spend it...

Buying 4wheelers and cigarettes sounds more useful than just blowing it on stock buybacks. I mean, at least you can repossess the 4wheeler.

 

[brycejones]

That plan assumes every adult would do the adult thing with the money and use it to pay bills...instead of pissing it away on..."stuff."

Some would, for sure, but I suspect more would just spend it...

Fuck off.

The point is to stimulate the economy, your moralistic horseshit that some people would not spend it in the right way is like every argument ever made against social safety nets.