Quote:
Originally Posted by thomp679
How can you take a socialistic payment and keep it for yourself. Corporations are not the ones that need a bailout. It is the small business owner and their workers that need the assistance. Try thinking of someone other than how to benefit yourself in these tough times.
BTW, according to the U.S. Small Business Administration, a common misconception about the U.S. economy is that is dominated by huge corporations. Small business makes up roughly 99 percent of all independent enterprises in the country. Small business are defined as those that employ fewer than 500 people. This means small businesses technically dominate the markets in the United States, accounting for 52 percent of all workers.
Find ways to help the true backbone of this country.
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I’ve never heard the expression “socialistic payment.” The way I was brought up and choose to live my life, the word “socialistic” implies a recognition that we are part of a “society” rather than “I’m only for myself, and if you’re in trouble through no fault of your own, that’s your problem.” Perhaps I’m missing something?
I do agree that major corporations should not get a bailout. Last year they received a virtually unprecedented huge tax cut. Working people paid—or given the effect of the tax cut on the astronomical federal deficit will continue to pay—for that primarily corporate tax cut. What’s the bottom line difference between a bailout and a tax cut?
I agree too that those who receive a “stimulus payment” (this I understand, not “socialistic payment”) who doesn’t need it should donate it locally, not to a major corporate (so-called) charity. IMHO, the local food pantry is a great idea. When I can manage it, I write a rent check to a local worker I know who has to take time off from work to take a child for cancer treatments, and because her employer has to hire a sub to fill in for her, she is not paid. If I receive a check, that’s where mine will go.
And I’m once again reminded of an economy based on what President Bush Senior described as “voodoo economics”....