Somebody dismissed the very idea of there being limitations to our ability to pay for stimulus, yes, which was why I originally entered the thread to address this excessive dismissal:
>>or assuming that our government has enough money lying around to pay everyone this much all of the time
>Federal spending doesn't come from money laying around, in the first place, it comes from money the government decides to have because it wants to spend it.
I said so at the time, and all the other times I referred back to that claim when you asked. Sorry, but I think I'm past the point of diminishing marginal returns here.
The original poster wasn't suggesting unlimited stimulus, the opposite actually, and the person replying to them regarding how federal money is doled out is not terribly far from the mark. If they want to spend the money, they find the money, inflation be damned. It seems way too early to handwring over moral hazards and costs/sustainability of stimulus benefits, when TX and FL are closing back down after their failed experiment.
Somebody dismissed the very idea of there being limitations to our ability to pay for stimulus, yes, which was why I originally entered the thread to address this excessive dismissal:
>>or assuming that our government has enough money lying around to pay everyone this much all of the time
>Federal spending doesn't come from money laying around, in the first place, it comes from money the government decides to have because it wants to spend it.
I said so at the time, and all the other times I referred back to that claim when you asked. Sorry, but I think I'm past the point of diminishing marginal returns here.