In an interview this morning, a White House Economist says that an additional Stimulus might not be needed if states bounce back quickly - here are my thoughts. Add me on Instagram: GPStephan
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Article:
“If they really do sort of get back to normal relatively quickly ... then there might not necessarily be much need for another bill,” he said, saying the course of the economy will depend heavily on how effectively the nation halts the spread of the coronavirus.
https://www.nytimes.com/reuters/2020/04/30/business/30reuters-health-coronavirus-usa-economy.html
Here’s the thing: Until the next round of Stimulus comes through, or until it’s HEAVILY debated within the Senate, it’s unclear if we’re going to get anything. As excited as we get about proposals, it’s too premature to see what actually happens with them and if this actually becomes a reality.
At this time, it SEEMS like there’s still a strong likelihood of something passing…but, given the comments from the White House today, we have no idea what’s going to be done, or if people are going to be receiving another round of checks. I would NOT be surprised if another $1200 was re-issued, among some other state and local government funding…but I also wouldn’t be surprised if they took a “Wait and see” approach over the next month, and then re-evaluate what’s happening with our economy.
Either way, it leaves all of us somewhat in the dark, without any clear guidance on what to expect, or what’s likely to come from all of this - other than to continue reading new updates that just leave us more confused the longer we read them.
Everything we do will have a consequence later on down the line, and at this point - the best we can do is pick the option that we feel will do the least amount of damage long term. Even though that’s for the house, senate, and White House to debate…it IS apparent that, most likely, something will need to happen - and, until then, we’ll just have to wait and see what happens.
But, I’m still remaining cautiously optimistic that there’s a good chance of there being SOMETHING happening over the next month or so…although, who knows if it’s going to be as good as getting $2000 per month, tax free.
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30 thoughts on “White house wants to cancel stimulus my response”
  1. Avataaar/Circle Created with python_avatars Imam Ghazali says:

    Do a quick google search for ECOM BAZZOID someone posted your courses Graham

  2. Avataaar/Circle Created with python_avatars JMComicsBr says:

    Do a quick google search for ECOM BAZZOID someone posted your courses Graham

  3. Avataaar/Circle Created with python_avatars Leonora Tesoro says:

    America is not a good place to live in this time of needs.I'll go back home one day! 😉

  4. Avataaar/Circle Created with python_avatars Nutty History says:

    I dare you to click the acorn!

  5. Avataaar/Circle Created with python_avatars Osy Castanon says:

    You think I should buy a house now? As my primary residence?

  6. Avataaar/Circle Created with python_avatars Shannon S says:

    The whole handling of this economy, joblessness and small business situation has been a clusterduck. I have the lowest of confidence in our current govt. We're basically on our own with this "for the people" government. Might as well take out that 10th job people! I know I will be.

  7. Avataaar/Circle Created with python_avatars dee jay says:

    Really???? Where is the money coming from??? Use the good sense you were born with!!! If we are Not working, there is No money to give " away". Seriously, to continue ( or like me, never received yet. Live under poverty line. Receive no government assistance. Never have in my life) giving money to people is a recipe for diaster.
    You need to support yourself to stay Free. Or take their money( which is worthless) and continue down the path of slavery. Each and everyone of you will be in true serfdom then ( slavery). With zero rights!!!!!
    You have to be brave enough to free yourself. Break the chains. Stop giving up your rights for the illusion of security and protection. Stand with us and just say NO to the tyranny that is about to swallow the world. They can't fight and win against everyone. Do it for your children and grandchildren, do it for yourself, for the sake of your soul.
    Stop listening to this kind of dribble, you only deserve what you fight for. No government gives you anything for free!
    Think about it, get informed. Get reading, gain knowledge on the subject at hand.
    Look into executive orders from the past president ( prepare to be frightened, beyond belief). They are truly mind blowing.
    Mao Zedong, Stalin, Hitler, Mussolini…… Couldn't have done a better job setting up the take over.
    Be informed, not afraid.
    Be prepared, not cowering in the house.
    Stand for Freedom, true Freedom. Be your own person, a free individual, owing to no one but thy self and higher. Which is not on this earthly plane.

  8. Avataaar/Circle Created with python_avatars * Instagram B0t only 3 USD * says:

    I start my small business and already made an Instagram bot to help people who need it.

  9. Avataaar/Circle Created with python_avatars AW says:

    HULK SMASH BUTTON!!!!

  10. Avataaar/Circle Created with python_avatars Người Lạ says:

    That 510 dislike still haven’t got there 1,200 stimulus check…

  11. Avataaar/Circle Created with python_avatars Rachelle says:

    I am making more money not working than actually working.

  12. Avataaar/Circle Created with python_avatars Steven Senlacere says:

    if it seems too good to be true. . . . .
    UH HUH.

  13. Avataaar/Circle Created with python_avatars Joe Gager says:

    It's still nice to have someone try to explain the bill and news that comes out with detail compared to just a few highlights

  14. Avataaar/Circle Created with python_avatars watertommyz says:

    Universal healthcare….

  15. Avataaar/Circle Created with python_avatars Nope Never says:

    Banks are just winning

  16. Avataaar/Circle Created with python_avatars TheLazyKey says:

    We already know they have no qualms about printing trillions of dollars, and we know that the majority of that money didn't go to the people. Let's not pretend they're just trying to do what's best for the common person.

  17. Avataaar/Circle Created with python_avatars Brian Moore says:

    No stimulus, then we are going to have a new president and Congress come November. Remember Trump, those rich mega corporations didn't put you in office. The working class did. If you leave us hurting right now, we are voting for the competition in November.

  18. Avataaar/Circle Created with python_avatars Jay Mays Battle says:

    Well I feel that if they don't sign another bill an decided it to reopen the businesses the people not going to spend any money . If they do sign another bill of stimulus package an people get $2,000 until this corona virus clear up is the chance that people can bring the business back so this way economy can be successful an hire people to work period . I hope they sign another stimulus bill man .

  19. Avataaar/Circle Created with python_avatars Will says:

    Graham, you really need to have Matt Cox on your channel. He has been on the "Koncrete" youtube channel (they used to cover Ben Mallah). Matt is mortguage fraud con artist but he is a very interesting person to listen to. I think it would be a great opportunity to create some new content. Viewers of the Koncrete channel can't get enough of Matt Cox

  20. Avataaar/Circle Created with python_avatars Melanie Nguyen says:

    why my notification said this video uplod 20 min. ago when this video is 6days ago?

  21. Avataaar/Circle Created with python_avatars Ramon Lovato says:

    Oof the New York Times. Not sure about them buddy.

  22. Avataaar/Circle Created with python_avatars Travis says:

    You can't incentivise employees to go back to work and businesses to open if their state government WON'T LET THEM. That's the problem.

  23. Avataaar/Circle Created with python_avatars Travis says:

    The payroll tax cut would be great…if people were ABLE TO GO BACK TO WORK. Many of us aren't because of indefinite closures. Trump needs to let the big boys work and just sit back and wait

  24. Avataaar/Circle Created with python_avatars Travis says:

    If you're going to say over the age of 16, there should be stipulations that they are the primary financial factor in their household. If there's kids who work 10 hours a week doing non-essential jobs who live with their parents, no.

  25. Avataaar/Circle Created with python_avatars Perihelion77 says:

    If the Treasury doesn't buy bonds, they can produce trillions of dollars without adding to the national debt. They do that anyway, on a constant basis. If they buy produced bonds, it's called quantitative easing. That money does not go to the public, but rather to banks, and affects interest rates, etc.

  26. Avataaar/Circle Created with python_avatars projectNERV says:

    Trump purposely trying to lose his reelection?

  27. Avataaar/Circle Created with python_avatars Victor Bujase says:

    They Sent Billions 2 Israel; Why not the, " We the People".

  28. Avataaar/Circle Created with python_avatars Anthony Gates says:

    We the people need help point blank

  29. Avataaar/Circle Created with python_avatars d62o66e90d93 says:

    I haven't received a penny during this whole time from the government.
    Makes me wonder who is getting the help.

  30. Avataaar/Circle Created with python_avatars Graham Stephan says:

    Hey everyone! Not sure if it's too much posting an extra stimulus video, thought this was quite interesting and I wanted to comment – so, "regular" content coming back tomorrow but wanted to get this out as an bonus Thursday video since I don't typically upload today 🙂

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