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He made the same mistake on the "Pomp" podcast the other day too. He was saying we send 50k to every person in the USA for the stimulus. Well, no. 2 trillion d
by ardme 7y ago
He made the same mistake on the "Pomp" podcast the other day too. He was saying we send 50k to every person in the USA for the stimulus.
Well, no. 2 trillion divided by by 327 million is $6,116 dollars. So yeah maybe we should divide the 2 trillion up between the people but he got a decimal point wrong.
Personally it seems more effective to send most of the money to hospitals and medical organizations because people wouldn't necessarily be able to use stimulus money for anything now anyway.
Seems like it makes sense to prop up businesses since you can't build a business overnight and most people would not be able to start one easily.
I like some of his arguments but basically give them any real thought and this guy is just trying to get attention by saying shocking things.
- asdff 7y agoPeople aren't going to be buying stuff with this. They will be paying rent, other bills, and debts, because a lot of people have been laid off already with more layoffs coming every week. These people are going to be in a world of hurt without any intervention; 4 in 10 americans can't come up with $400.
- ykevinator 7y agoYeah but hospital ceos make >$5m