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Jan 19, 2023
3:04
:11
pm
kosmokramer
Starter
Soooo much wasted stimulus money spent during covid.
ppp loans, extra unemployment benefits, stimi checks, etc. Free money has slowed a lot.
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kosmokramer
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kosmokramer
Joined
Jan 3, 2013
Last login
May 5, 2024
Total posts
1,504 (0 FO)
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Messages
Author
Time
Why is the economy struggling so bad, people just not wanting to spend money? I
viper
1/19/23 2:53pm
Lots of people are losing jobs, so yeah. Those people aren't spending money.
Turnpike Lane
1/19/23 2:54pm
Same higher costs you see as a consumer are hitting businesses equally hard
COUGND
1/19/23 2:55pm
And any company with leverage is getting destroyed in interest rates
Dr T-bone
1/19/23 3:01pm
So shouldn't loan companies be making tons of money with the high rates they can
viper
1/19/23 3:04pm
No, they're making much less money. They don't keep the delta between the prior
OnEMoReTrY
1/19/23 3:10pm
<< Deleted >>
Buffalo
1/19/23 2:56pm
A lot of extra money was spent during Covid. People bought everything to make
Nat Gas Man
1/19/23 3:02pm
I used my Biden bucks to buy theatre chairs.
DwigtA2RM
1/19/23 6:14pm
Soooo much wasted stimulus money spent during covid.
kosmokramer
1/19/23 3:04pm
So you are saying we could fix the problem by giving out more money?
viper
1/19/23 3:07pm
Fix the problem by focusing on production
kosmokramer
1/19/23 4:30pm
Costs are rising faster than wages and revenues.
shoganai
1/19/23 3:13pm
Is it struggling?
JuicyJam
1/19/23 3:28pm
Easy answer: An economy is only as strong as the goods and services produced
rad dawg
1/19/23 3:51pm
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