It's not like the money is going anywhere. Everyone is hoarding.
Hey i gambled away all the money you gave me. Cool here have some more.
Taxes on the middle and upper middle class are still at Reagan-era lows and there is no chance they’ll ever be increased.
When a company becomes unsustainable, they have to make tradeoffs and get smarter about their expenses. The government just grows and grows and grows.
They should have to cut the fat like everyone else and get more efficient.
As with other facilities, the Fed invoked Section 13(3) and received permission from the U.S. Treasury, which through the CARES Act put $75 billion into the three Main Street Programs to cover losses....
You were saying?
“ The Federal Reserve established the Main Street Lending Program (Program) to support lending to small and medium-sized for profit businesses and nonprofit organizations that were in sound financial condition before the onset of the COVID-19 pandemic.”
What’s “Wall Street?”
- Inflation reduction act is a joke. All it does is add more inflation, increase regulation and costs, and increase government spending.
- Student loan forgiveness what an absolute disaster of an idea and a terrible message to send. My tax dollars are now going to six figure millennials (if married up to 250k income) to pay for their bachelor of arts degree. Where is my free money for college that I had to pay for?
That would be very convenient for the ruling class, after all most of the printed money was handed out to them. This would result in some form of feudal system.
Right now government either has to hand out money to workers directly or tax the rich further.