Author Topic: Mark Cuban proposes $1,000 coronavirus stimulus check every 2 weeks  (Read 713 times)

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Mark Cuban proposes $1,000 coronavirus stimulus check every 2 weeks
It's consumer demand, not loans, that will ultimately save businesses, Cuban said

    By Megan Henney FOXBusiness

The federal government has already sent a one-time check of up to $1,200 to millions of American families, but according to Mark Cuban, the stimulus is not enough to offset the economic pain of the coronavirus pandemic.

The billionaire entrepreneur proposed the government issue $1,000 checks to every American household every two weeks for the next two months, with the caveat that the money must be spent within 10 days of receipt or it expires. It would cost about $500 billion, Cuban estimated.

Cuban argued that the Paycheck Protection Program, a $660 billion fund for small businesses established by Congress in the CARES Act at the end of March, was a "great plan" that "didn't work."

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https://www.foxbusiness.com/business-leaders/mark-cuban-coronavirus-stimulus-check-every-two-weeks
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Mark Cuban proposes $1,000 coronavirus stimulus check every 2 weeks
It's consumer demand, not loans, that will ultimately save businesses, Cuban said

 

Hey Numb Nuts......

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I assume Cuban's paying, right?
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Offline Applewood

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I assume Cuban's paying, right?

That's what I was thinking.  I didn't hear him say he would part with his vast fortune to finance this giveaway.  Where does he think the funds for these $2,000 checks every 2 weeks will come from?  Or does he think it's ok for the government to just print the money?    ****slapping

Online libertybele

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Geez .... who the heck is Cuban???   :shrug:
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Offline Gemmarose

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Geez .... who the heck is Cuban???   :shrug:

A big mouth lib from what I can see.
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Offline LilLamb

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How would they know it’s been spent? Does he want to monitor our bank accounts and transactions?
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Offline jmyrlefuller

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Geez .... who the heck is Cuban???   :shrug:
Someone who thinks he's important because he got rich. See also: Bill Gates.
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Offline 240B

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I assume Cuban's paying, right?
He certainly could pay it himself. And he wouldn't even notice it. The cost of the whole plan would amount to just what he makes in interest each month.
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Offline IsailedawayfromFR

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Re: Mark Cuban proposes $1,000 coronavirus stimulus check every 2 weeks
« Reply #10 on: May 19, 2020, 05:35:09 pm »
Another wannabe dictator taking from those who earn and giving away to those who do not, just to get votes.

No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington