Another stimulus, another gun?

[willmartin]

So the plans are on the table for another stimulus come February. How many will buy another gun if they get a nice check in the mail from Uncle Sam? I definitely would.

 

[TeamPrecisionIT]

Maybe, we'll see how much it is. Economic stimulus can be fun can't it?

Damian

 

[Robocop]

It depends how much the check is.

 

[Atarian]

It depends how much the check is.

Even if it's only $50, you can get a quality used firearm from Hi-Point, Bryco, Raven, Jennings, or my personal favorite: Jimenez Arms.

Or maybe a box of ammo, if you can find it.

 

[Lone_Gunman]

From what I have reading Obama's stimulus is going to make more sense than Bush's stimulus. Bush sent everyone making below a certain amount a check, whether they paid any income tax or not. Many high income earners (ie, the ones paying the most income tax) got absolutely nothing. So by and large the Bush tax cut was unfair in that it was a government handout to some people, while others got no tax break at all.

What I have read about Obama's plan is that you will get to reduce the amount of withholding from your paycheck, rather than get a check from the government. If they do this, then if you arent working, or paying income tax, I don't think you can expect a freebie from the govt.

 

[MGshaggy]

There will not be another idiotic stimulus check like Bush did last spring - that was largely viewed as a total failure. Obama's initial $300bn stimulus (as currently planned) would be a reduction in withholding amounting to an extra $10-20 per week in your after tax income for 1-2 years. That plan however, is getting a lot of resistance in Congress (for good reason) and will be shot down with any luck.

 

[Lone_Gunman]

I think Obama has a better plan on this than Bush did, and I hope it passes Congress.

 

[scrat]

hahahhahahah thats what i was thinking

 

[JWarren]

I'll backorder another AR upper in 458 SOCOM.

Looking everyday at the "pending" status will be about as stimulating as watching paint peel for me. :/


-- John

 

[MGshaggy]

I think Obama has a better plan on this than Bush did, and I hope it passes Congress.

If you're talking about the proposed $300bn I think you need to brush up on economics and the market a bit. Its a lot of money, but small in relation to the problem, and its simply not directed at the main problem. $10-20 per week in after tax income for a period of 1-2 years is not going to accomplish squat for a recovery - that barely covers a lunch for me. But the aggregate $300bn market for that could do quite a bit of good if directed to backstopping 2nd defaults on renegotiated mortgages (as proposed by Bair) or marking certain mortgages to market and splitting the writedown losses between the bank/MBS holder and the gov't (as proposed by Feldstein and to a lesser degree Stiglitz).

 

[The_Shootist]

Well

I got a nice non-ILS 642 with my last check. Figure I'll add a 442 non-ILS just to make the pair complete with my next check.

I'll consider them the "Stimulous Comemmorative Edition Guns".

 

[Lone_Gunman]

If you're talking about the proposed $300bn I think you need to brush up on economics and the market a bit.

I am happy any time the federal government reduces our taxes in a fair and equitable manner. It does not matter to me if it solves the current problem or not.

 

[MMCSRET]

Maybe a down payment on another old Colt.

 

[MGshaggy]

It does not matter to me if it solves the current problem or not.

I doubt your children and grandchildren will feel the same. Its essentially a $300bn loan they're going to get the bill for.

 

[SilentStalker]

Um, my question is, "Why does China, who is loaning us the dinero, expect us to pay them back?" We are trillions of dollars in debt which rises by the billions everyday and yet people are loaning us money. We cannot even pay back what we owe now so what makes anyone think we can pay them back. Seems kind of crazy to me. However, I do know that it is in China's best interest for their economy since if ours is down it could be detrimental to them if we are not importing and buying their goods. In any case there have been many other loans in the past that were never paid back so the idea that our grandchildren will have to pay them back with interest IMO is farfetched.

 

[Flame Red]

I never got the first stimulus because I am over stimulated as it is. I'm never going to see this new one either.

When are the sheeple going to learn that they are buy votes and this stimulus don't work. Just reduce the taxes and keep what was ours to begin with.

 

[Lone_Gunman]

I doubt your children and grandchildren will feel the same. Its essentially a $300bn loan they're going to get the bill for.

I am not sure why you say that. As I understand it, it is a tax cut. Less tax is being taken by the government. Is that not what it is?

 

[expvideo]

I'm not looking forward to a stimulus because I'm not a commie.
But since I have no choice, I'll probably spend it on bills or something.

 

[Lone_Gunman]

I'm not looking forward to a stimulus because I'm not a commie.

Getting a tax break does not make you a commie.

 

[willmartin]

I just want to clarify, I am not in favor of another "stimulus" by any means, but if the check's in the mail...

 

[okespe04]

Ammo

 

[rugerfreak]

The ONLY way they'll fix the economy is to DRASTICLY cut taxes and cut gov't spending to the bone---starting with no more bailouts and ending with welfare and social security---which are neither.

 

[zammyman]

If it's a good chunk, probably a Glock 36

 

[Hardtarget]

My son and I just bought a boat, ( fishing/duck hunting), So I KNOW WHERE THE CHECK OR ANY EXTRA MONEY WILL GO! Said that loud so wifey would hear it. We needed a boat more suited to our use and my sons buddy made us a good deal.

Mark.

 

[AdamSean]

Here here! I could use a little extra cash to put towards the H&K P30L I want for IDPA.