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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (67308)	4/28/2021 2:57:58 PM
From: bruwin	1 Recommendation Recommended By Area51 Read Replies (1) of 78799

" .... it is printing money with the stimulus checks (which is real money in the bank for those who get them). QE did nothing for most people, but getting a check in the mail that you can deposit in your bank account and spent is something tangible that boost spending for sure." The problem is that only about 9% to 10% of the $Trillions for "Covid Relief" etc, actually went to that end. Vast amounts of the $Trillions went to "Bail Out" badly Run and Managed States, PLUS a lot of other "Payouts" that had absolutely nothing to do with "Covid Relief". And if those States don't change their "Bad Habits" they'll be wanting more in the future ........ Florida, for example, has a population of 22.2 million compared to New York state's 18.8 million. Yet Florida's budget to run its state is about HALF of New York's ..... $91.1Bil. compared to $177Bil. . Seems to me that Florida's State "Management" has a better grasp as to how to mange its Financial Affairs and shows what can be done to reduce its dependence on the Federal government, and hence the taxpayers.

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