The same people who are paying for the billions his predecessor gave to the million- and billionaires four years ago. The difference is that this time the largesse won’t be hoarded and taken out of circulation.
Varvel goes after the guy who’s out the helping the people and ignore the guy who increased the deficit by multiples of that to help billionaires and corporations.
I guess Varvel doesn’t think it’s an emergency. Hm, I wonder why there are so many more people living in tents in my city? It’s not a great time of the year for camping.
Me, my children, their children, and so on. That line of descendants gets longer soon when they jam through another $2T bill for climate spending. It’s getting compounded by the Fed buying many of it’s own T-Notes instead of foreign countries. Keep printing dough and there will be no outside investment and lots of inflation. MMT is a disaster waiting to happen.
Do you realize if we had a President in office from 2017 until Jan 20 2021, we would have had policies in place and it would not have gotten out of hand like it did and we would not have had to pay out these stimulus payments?!? But, instead we had trump for that period!
Someone please check my math here, but assuming a national debt of 27 trillion dollars, if we froze it now and paid it off at a billion dollars a week it would take 27,000 weeks (519 years) to pay it all off. We can’t call it funny money, because its neither funny nor money and we can’t even call it taxpayer funded anymore because it is completely unfunded and no one alive today will live to see it paid back. So, please forgive me for repeating myself, default is the only way out.
I’m progressive, or left of progressive, and Biden was not my first choice to be nominated. Once he was nominated of course I supported him. Now I have to say he has been very impressive so far. This bill is better than I expected. It will actually help people who need help. Biden has managed to keep the Democrats united, and that’s important. Biden is not a great orator, but he speaks with sincerity. The Republicans, meanwhile, are being just as cruel and stupid as could be.
Who’s paying for this ? No one .. that’s how our Country operates now. It’s the new norm. Spend big money and put it on the card. Some day the statement will come and the rich will have to begin paying their share for all the advantages they got living here in order to make all their money.
The grandkids and great grandkids card gets played whenever someone disagrees with spending. If people were really that worried they would stop having so many children. It seems loke the poorer someone is the more likely they are to have more kids than they can afford.
A social construct such as a government does not operate on the same financial basis as a family. One could as easily predict the collapse of the nation if the bulk of the population is unable to buy what they need to survive. A business isn’t going to be very successful if there are no customers. and workers are not going to be available to produce the goods and services of those businesses if they have not the essentials to maintain life and strength, much less produce the next generation of consumers and workers. It might be worth considering what constitutes value. In a recent book “Fictitious Capital”, Cedric Durand analyzes what kinds of things today constitute capital. It’s worth reading and considering in terms of what value and capital really mean.
The quote " A billion here, a billion there, and pretty soon you’re talking real money" regarding federal spending was credited to Senator Everett Dirkson though never confirmed he actually said it. Either way, it made a salient point. Nowadays it is enumerated in trillions as if somehow that staggering sum has become mundane. Sooner or later left unchecked, interest payments will equal or exceed revenue at which time it will be game over since there will be no money left over to pay for all the tangible needs to maintain the country. The inescapable conclusion is that we are creating an insurmountable debt load that our children and grandchildren will have to shoulder.
The annual deficit under Trump last year was $3.1 Trillion. Over twice as high as any previous deficit in history. But since Biden is President it’s time for Republicans to pretend they are fiscal conservatives again. LOL.
1.9 trillion republicans gave to their rich friends in hopes of getting kickbacks so they can run on the money to give their rich friends more tax breaks. Republicans tied up all of the tax dollars for themselves. Did we get anything for our money during the last 4 years of sheer terror?
Covid spreading republicans do not care about the American people at all, not a one of them voted for relief for the USA.
Then anti Americans like Varvel complain when the money actually goes to help the non republicans.
Republicans clamored for economic stimulus and pooh-pooh’d its effect on the national debt while The Former Guy was in the White House, and even now try to take credit for stimulus that they failed to obstruct… but, of course, since a Democrat is in the White House suddenly the Republicans dust off their objections to raising the national debt…
If you remember, when Trump offered a “stimulus” he got rid of the oversight and a lot of it went to big businesses, megachurches and similar pseudo-poor.
Who is paying for the tax cut for the top 10%? Who is paying for the over $1T per year of deficit spending so Trump could say they economy was great? If it didn’t matter then, it doesn’t matter now.
So your solution is to let people go hungry, be evicted, not pay utility bills? Read the research….poor people (the common herd), don’t horde their money, they spend it. In other words, the wealthy eventually get it any way. what is your problem?
There is no such thing as free money. Somebody has to pay it sooner or later. Future American citizens, if there are any left, will condemn us for these reckless ways.
sykerocker about 3 years ago
The same people who are paying for the billions his predecessor gave to the million- and billionaires four years ago. The difference is that this time the largesse won’t be hoarded and taken out of circulation.
NeedaChuckle Premium Member about 3 years ago
The same people who paid for the 3 TRILLION DOLLAR WAR WITH IRAQ!!! I’m sure Varvel loved the expenditure with no complaints!!
Patjade about 3 years ago
Varvel goes after the guy who’s out the helping the people and ignore the guy who increased the deficit by multiples of that to help billionaires and corporations.
b.john71 about 3 years ago
Your great grand kids.
kilioopu about 3 years ago
I guess Varvel doesn’t think it’s an emergency. Hm, I wonder why there are so many more people living in tents in my city? It’s not a great time of the year for camping.
guyjen2004 Premium Member about 3 years ago
Me, my children, their children, and so on. That line of descendants gets longer soon when they jam through another $2T bill for climate spending. It’s getting compounded by the Fed buying many of it’s own T-Notes instead of foreign countries. Keep printing dough and there will be no outside investment and lots of inflation. MMT is a disaster waiting to happen.
YippiKiAyMofo about 3 years ago
Please. There’s only one way this debt debacle ends: default.
Wlly Blly about 3 years ago
A good chunk of that $1400 will be going to help that kid that’s scowling on the end of the bench.
MaryBethJavorek1 about 3 years ago
Do you realize if we had a President in office from 2017 until Jan 20 2021, we would have had policies in place and it would not have gotten out of hand like it did and we would not have had to pay out these stimulus payments?!? But, instead we had trump for that period!
Durak Premium Member about 3 years ago
How about we look at the big, obnoxious name printed on it? Oh, wait, there isn’t one!
This check is about helping people, not some grotesque parody of a public servant basking in imagined, narcisstic glory.
The first question should be, “Is it enough?” Not, “Who is paying for it?”
The relief package is an investment, not a burden. If you don’t understand that then you don’t understand government.
Yeah, I know, no one understands government. Ok, how about..how government SHOULD be, instead?
YippiKiAyMofo about 3 years ago
Someone please check my math here, but assuming a national debt of 27 trillion dollars, if we froze it now and paid it off at a billion dollars a week it would take 27,000 weeks (519 years) to pay it all off. We can’t call it funny money, because its neither funny nor money and we can’t even call it taxpayer funded anymore because it is completely unfunded and no one alive today will live to see it paid back. So, please forgive me for repeating myself, default is the only way out.
Alberta Oil Premium Member about 3 years ago
The same group that doesn’t mind spending on the armament industry.
lonecat about 3 years ago
I’m progressive, or left of progressive, and Biden was not my first choice to be nominated. Once he was nominated of course I supported him. Now I have to say he has been very impressive so far. This bill is better than I expected. It will actually help people who need help. Biden has managed to keep the Democrats united, and that’s important. Biden is not a great orator, but he speaks with sincerity. The Republicans, meanwhile, are being just as cruel and stupid as could be.
jeffhapp about 3 years ago
A lot to say, but nothing said.
Addled Brain about 3 years ago
Who’s paying for this ? No one .. that’s how our Country operates now. It’s the new norm. Spend big money and put it on the card. Some day the statement will come and the rich will have to begin paying their share for all the advantages they got living here in order to make all their money.
IT Sauzeech about 3 years ago
The grandkids and great grandkids card gets played whenever someone disagrees with spending. If people were really that worried they would stop having so many children. It seems loke the poorer someone is the more likely they are to have more kids than they can afford.
martens about 3 years ago
A social construct such as a government does not operate on the same financial basis as a family. One could as easily predict the collapse of the nation if the bulk of the population is unable to buy what they need to survive. A business isn’t going to be very successful if there are no customers. and workers are not going to be available to produce the goods and services of those businesses if they have not the essentials to maintain life and strength, much less produce the next generation of consumers and workers. It might be worth considering what constitutes value. In a recent book “Fictitious Capital”, Cedric Durand analyzes what kinds of things today constitute capital. It’s worth reading and considering in terms of what value and capital really mean.
Bill D. Kat Premium Member about 3 years ago
The quote " A billion here, a billion there, and pretty soon you’re talking real money" regarding federal spending was credited to Senator Everett Dirkson though never confirmed he actually said it. Either way, it made a salient point. Nowadays it is enumerated in trillions as if somehow that staggering sum has become mundane. Sooner or later left unchecked, interest payments will equal or exceed revenue at which time it will be game over since there will be no money left over to pay for all the tangible needs to maintain the country. The inescapable conclusion is that we are creating an insurmountable debt load that our children and grandchildren will have to shoulder.
DonnyTwoScoops about 3 years ago
The annual deficit under Trump last year was $3.1 Trillion. Over twice as high as any previous deficit in history. But since Biden is President it’s time for Republicans to pretend they are fiscal conservatives again. LOL.
Radish the wordsmith about 3 years ago
1.9 trillion republicans gave to their rich friends in hopes of getting kickbacks so they can run on the money to give their rich friends more tax breaks. Republicans tied up all of the tax dollars for themselves. Did we get anything for our money during the last 4 years of sheer terror?
Covid spreading republicans do not care about the American people at all, not a one of them voted for relief for the USA.
Then anti Americans like Varvel complain when the money actually goes to help the non republicans.
rm8ty about 3 years ago
So you are going to return your $1400 Gary? No, I thought not. A little socialism is OK as long as you’re on the receiving end, right?
apfelzra Premium Member about 3 years ago
Too bad is isn’t (at the moment) the top 0.1%, whose total income gain for 2020 is around the tame amount of money.
Radish the wordsmith about 3 years ago
All of the hateful Maga’s can return the $1,400 checks that no republican voted for.
TrulyTexan about 3 years ago
Maybe if the republicans paid their taxes, we wouldn’t be in this mess.
ferddo about 3 years ago
Republicans clamored for economic stimulus and pooh-pooh’d its effect on the national debt while The Former Guy was in the White House, and even now try to take credit for stimulus that they failed to obstruct… but, of course, since a Democrat is in the White House suddenly the Republicans dust off their objections to raising the national debt…
RAGs about 3 years ago
If you remember, when Trump offered a “stimulus” he got rid of the oversight and a lot of it went to big businesses, megachurches and similar pseudo-poor.
JohnBean about 3 years ago
Waa Waa…
DrDon1 about 3 years ago
Again, Varvel is upset because Biden and Democrats are helping ordinary Americans, not Trump and his fellow grifters!
Madzdad the bard about 3 years ago
Who is paying for the tax cut for the top 10%? Who is paying for the over $1T per year of deficit spending so Trump could say they economy was great? If it didn’t matter then, it doesn’t matter now.
Concretionist about 3 years ago
Who is paying for the $7.8 trillion that the GQP expanded the debt? That’s who’ll be footing this bill too.
(Nice job from Varvel of drawing Biden looking decrepit AND slimy. Not at all accurate, but he did it well)
grumpypophobart about 3 years ago
So your solution is to let people go hungry, be evicted, not pay utility bills? Read the research….poor people (the common herd), don’t horde their money, they spend it. In other words, the wealthy eventually get it any way. what is your problem?
Retrac Premium Member about 3 years ago
Mr. Varvel, I do so enjoy your humor and artistry. So funny! Would be a good SN&L skit.
valanburton about 3 years ago
Who paid for the tax cuts?
rmfrye Premium Member about 3 years ago
So you’re sending yours back?
MuddyUSA Premium Member about 3 years ago
@b.john71 – And beyond……..
ScottHolman about 3 years ago
Gee, now you can afford to pay more taxes!
Treehggr87 Premium Member about 3 years ago
Funny, you don’t mind your great grand kids paying for rich folks tax cuts or shiny new war toys…
billopfer Premium Member about 3 years ago
Fat cat Republicans earning more than $400K will cry like they are being robbed. We need to take back the tax gifts Trump gave them.
jader3rd about 3 years ago
The upper one percent could pay it off in a year.
Jack Dawson about 3 years ago
There is no such thing as free money. Somebody has to pay it sooner or later. Future American citizens, if there are any left, will condemn us for these reckless ways.
BWR about 3 years ago
If she was 20 years younger, Silver Alert would probably be groping her.