50 Amps??? i dont know much about stick welders but I do know about Tig and Mig, and 50 amps for a tig machine is enough to weld .050" thick steel, which I dont think is thick enough for frame welding.
if you are new to welding I would suggest you take it to a pro or take the time to learn before welding on some seat belts... wouldn't wanna be a darwin award winner by having your first welds be on a seatbelt. dont get me wrong, buying a welder is a great idea, but a first time welding project isn't a frame for a go-kart... its a bench for your angle grinder, or a cart four your new welder, maybe a new work bench, not a kart frame. not tryin to be a jerk, just tryin to keep it safe.
and for welders, you should always ask the person selling it if you can throw down a test weld before purchase. Its way better to buy a used Quality machine than it is to get some harbor freight junk... so good find on the name-brand Lincon, just double check on that amp #.