“23 million California taxpayers will receive between $200 and $1,050 by early next year as "inflation relief.”
I know it comes from funds set aside by the state, but ya have got to admit handing out checks to curb inflation is pretty funny ![]()
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KlemoTheGreat : only in Cali
ZABGUS KlemoTheGreat: they just did it here in Maine too
KlemoTheGreat ZABGUS: oh geez
pennypincher : what a bunch of idiots!! I bet people use that money to move out of that state
HippoTrade : will we see more state follow suit?
Giovanni Ayala :
Expendabiggles : You mean handing out more printed fiat helping raise inflation in the state. Can’t fix stupid.
PocketChangeOP : Inflation can be solved if everyone can agree to not spend their inflation checks.
Treeman28 : these retarded taxpayers will immediately yolo into evofem on market open buy up pre market boys
MooMamaLlama : OHHHHH... its the post covid "economic stimulus package" we just did it twice in Oz over last 13 months. States all had different amounts but some things were federal level.
It did work in stimulating the sectors hit hard during the pandemic by getting people out to spend money. On top of that, many of us also received 8x $25 coupons "dine and discover" to stimulate businesses in that industry, and 2x$50 "stay and play" vouchers that can be used in conjunction with other to stimulate those industries. I agree it sounds stupid to just hand out checks....BUT it has worked here, the vouchers especially (so thats not spent on incidentals or inevitably partly black market drugs etc) By giving an INCENTIVE the public are out of lockdown and dining and discovering, and staying, and playing...lol
I thought it ridiculous but have seen it work. small businesses are stimulated, in turn stimulating those around them.sounds dumb but it can work. states have to look at it like investors... cash can be trash if nothing is generating, stagnant economies after covid are everywhere, and we'll all eventually suffer if diversity is taken from the markets and micro economies.
economic stimulus packages are a thing, and they strangely work.