The Soapbox

111Balz

Joined: 08/13/1998 Posts: 59727
Likes: 57283


Loans to people living paycheck to paycheck even when they do have jobs.


Loans of money needed to cover living expenses like rent mortgages utilities food for periods when they don’t have jobs. Not for investing in something new or promising or form which they could generate money to repay the loan.
There’s a term for those kind of loans in the banking industry, bad when made.
The money paid out in the spring kept people employed kept people spending money for things they needed, kept the economy more afloat than it otherwise would have been.Generated tax revenue.

(In response to this post by psychobilly)

Posted: 12/28/2020 at 4:55PM



+4

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
 
  
Honest question for the conservatives ... -- Blah 12/28/2020 12:47PM
  I’m no conservative, but I’m with Abe on this one -- WahooMatt05 12/28/2020 4:43PM
  Good question -- three responses:... -- Los Angeles Hoo 12/28/2020 3:53PM
  On #1 -- Beerman 12/28/2020 5:41PM
  I agree with part of your second point. -- Newt 12/28/2020 4:22PM
  Thanks -- appreciate the post. ** -- Los Angeles Hoo 12/28/2020 5:14PM
  No, I think you're right... -- Los Angeles Hoo 12/28/2020 5:30PM
  I pointed out the... -- Los Angeles Hoo 12/28/2020 5:10PM
  I'm a John Kerry flip flopper on it, tbh. -- HAZER 12/28/2020 2:36PM
  I'm in this boat as well -- CMUHoo 12/28/2020 3:17PM
  True. Same holds true re: aid to states and cities that so -- hoolstoptheheels 12/28/2020 2:00PM
  Doesn’t the payout, whether $2k or $600, only go to -- hoolstoptheheels 12/28/2020 1:15PM
  I would be in favor of that -- Beerman 12/28/2020 1:51PM
  I got no problem lowering it, just make it fair. ** -- Cold Hoober Hoo 12/28/2020 1:53PM
  Because GovCo ... ** -- WaxHoo 12/28/2020 1:43PM
  Perhaps -- Beerman 12/28/2020 1:53PM
  Nope, it does not. ** -- hoolstoptheheels 12/28/2020 1:25PM
  Yep ** -- HAZER 12/28/2020 2:12PM
  I don't understand it, except as populism -- Joey Wahoo 12/28/2020 1:00PM

Notice: Trying to get property 'queue' of non-object in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781

Warning: Invalid argument supplied for foreach() in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781
vm307