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Spinoff to Getting Unemployment

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LSP2005
Bunny kisses are so cute!

Member since 5/05

19453 total posts

Name:
L

Re: Spinoff to Getting Unemployment

Posted by NervousNell

Posted by LSP2005

They are trying to prop up the economy. If you are not going to the store, you are just buying necessities, no going to target and picking up that cute, but not needed. You are not going to the movies, not buying clothing, not spending money here and there. This money is to Hail Mary pass money into the system. They want you to spend it even if you don’t need it to keep the commerce moving. They want you to keep spending. We are in a recession. You might have your job today, but millions of people don’t. millions of people filed for unemployment. Our economy is going to suck in a matter of weeks. My brother is in charge of deciding who is getting fired in a 20,000 person company. I am sure those decisions are being made by many large employers sooner than later.



Clearly, I did not get the memo about not buying clothes and spending money.
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I am spending more on groceries that is for sure. But no vacations, no gas, no dollar stop at target.Chat Icon

Posted 3/30/20 6:36 PM
 
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RainyDay
LIF Adult

Member since 6/15

3986 total posts

Name:

Re: Spinoff to Getting Unemployment

Posted by Mrs213

Last week I would have agreed, but as of now things are not looking great for my husbands job. He expects to hear officially tomorrow that he is being laid off. My salary barely covers the mortgage. We could use the money. Although I’m sure I will get insulted here for not having an adequate savings to cover a situation like this. But having 2 incomes and paying almost $25k a year in day care cost what can I tell you...



Many people are in the same boat. Don't let others shame you.

Posted 3/30/20 6:37 PM
 

NervousNell
Just another chapter in life..

Member since 11/09

54915 total posts

Name:
..being a mommy and being a wife!

Re: Spinoff to Getting Unemployment

Posted by LSP2005

Posted by NervousNell

Posted by LSP2005

They are trying to prop up the economy. If you are not going to the store, you are just buying necessities, no going to target and picking up that cute, but not needed. You are not going to the movies, not buying clothing, not spending money here and there. This money is to Hail Mary pass money into the system. They want you to spend it even if you don’t need it to keep the commerce moving. They want you to keep spending. We are in a recession. You might have your job today, but millions of people don’t. millions of people filed for unemployment. Our economy is going to suck in a matter of weeks. My brother is in charge of deciding who is getting fired in a 20,000 person company. I am sure those decisions are being made by many large employers sooner than later.



Clearly, I did not get the memo about not buying clothes and spending money.
Chat Icon

Chat Icon



I am spending more on groceries that is for sure. But no vacations, no gas, no dollar stop at target.Chat Icon



I've been buying things online, clothes, my skin care products, etc. If we are in Target for essentials I still.end up with stuff I don't really need. And more on takeout for sure.
But yeah less on gas, etc

Posted 3/30/20 6:50 PM
 

PhyllisNJoe
My Box Is Broken

Member since 6/11

9145 total posts

Name:
Phyllis

Re: Spinoff to Getting Unemployment

My DH and i were talking about this today. We had to lay off our entire staff while we wait for the small business loan (which banks have zero idea Wtf is going on with it)

Why in the world would our lower paid employees (newest making min wage) want to come back to work making all this extra $ on UI? Not sure how this is gonna go when we have the $ to hire them back. I guess time will tell

Posted 3/30/20 6:51 PM
 

LSP2005
Bunny kisses are so cute!

Member since 5/05

19453 total posts

Name:
L

Re: Spinoff to Getting Unemployment

They will only get four months as of now. So you think that your employees would say ok to no job after four months, it will likely take a few weeks to months for those SBA loans, because so many will be applying at once, and the guidelines will need to be made. So two to three weeks for guidelines, then application and approvals will take at least a week to three weeks. So you are looking at two months before the money in the SBA loan is funded. If you fired them last week and they can get UI for nearly two and a half to three months, they would have the UI and then know ok no more money in one month vs getting my old job back. I would think they would want a job vs being jobless.

Posted 3/30/20 7:05 PM
 

Bebelove
LIF Adolescent

Member since 8/12

742 total posts

Name:

Re: Spinoff to Getting Unemployment

Posted by LuckyStar

Posted by Christine2

Posted by MK2010x2

Instead, I think the money SHOULD go to people losing their jobs. Even if they are paid more than for working, maybe it will encourage people to stay home, so this can all end sooner and people will stay alive.




So naiive...I am in an essential business. Had to lay off 4 of 5 employees. How can I retain the one willing to stay (and risk getting ill) when her colleagues are making MORE unemployed?!? The whole thing is utterly ridiculous. Yes, pay them something close - like 65 - 70% or so, but not more. Fuming mad at the idiocy of our elected officials Chat Icon



But do you really think she would leave to make slightly more for 4 months? I’m having so much trouble wrapping my head around this.



I think many people would go for this. Lots have kids at home, they don’t want to be out risking their health. Over 1k a week for 4 months , adds up. They can save the extra and it’s likely this unemployment benefits will be extended. Plus, if they are making lower salaries, that can be found anywhere. It’s the high paid employees that would not prefer unemployment

Message edited 3/30/2020 9:27:27 PM.

Posted 3/30/20 9:25 PM
 

angelicd77
LIF Adolescent

Member since 12/13

794 total posts

Name:
Kim

Spinoff to Getting Unemployment

DH and I signed up for UI last week and our first payment came through today. Its based on the old UI numbers this week. The CARES act numbers dont start paying out until 4/5 and I dont think that we will get more then what we were making before. My salary qualifies me for the max on the old numbers ($504/wk) and DH as well. DH is still losing money even with the additional $600 wk but I dont believe that I will be getting $1100/wk. I think that additional $600 is there to help people who make a higher salary stay whole. I will update next week when our checks come in.

Posted 3/31/20 6:28 AM
 

Mill188
LIF Adult

Member since 3/09

3072 total posts

Name:

Re: Spinoff to Getting Unemployment

Posted by LSP2005

They are trying to prop up the economy. If you are not going to the store, you are just buying necessities, no going to target and picking up that cute, but not needed. You are not going to the movies, not buying clothing, not spending money here and there. This money is to Hail Mary pass money into the system. They want you to spend it even if you don’t need it to keep the commerce moving. They want you to keep spending. We are in a recession. You might have your job today, but millions of people don’t. millions of people filed for unemployment. Our economy is going to suck in a matter of weeks. My brother is in charge of deciding who is getting fired in a 20,000 person company. I am sure those decisions are being made by many large employers sooner than later.



yup - they are offering the stimulus checks to get you to put that money back into the economy. We won't be receiving a check, but I don't begrudge anyone who does receive it.

Posted 3/31/20 6:37 AM
 

blu6385

Member since 5/08

8351 total posts

Name:

Re: Spinoff to Getting Unemployment

Posted by angelicd77

DH and I signed up for UI last week and our first payment came through today. Its based on the old UI numbers this week. The CARES act numbers dont start paying out until 4/5 and I dont think that we will get more then what we were making before. My salary qualifies me for the max on the old numbers ($504/wk) and DH as well. DH is still losing money even with the additional $600 wk but I dont believe that I will be getting $1100/wk. I think that additional $600 is there to help people who make a higher salary stay whole. I will update next week when our checks come in.



Please do. I would love for that to be true they are actually only covering those who actually make $1100 a week

Posted 3/31/20 6:57 AM
 

olive98
LIF Adolescent

Member since 11/12

791 total posts

Name:

Re: Spinoff to Getting Unemployment

Posted by angelicd77

DH and I signed up for UI last week and our first payment came through today. Its based on the old UI numbers this week. The CARES act numbers dont start paying out until 4/5 and I dont think that we will get more then what we were making before. My salary qualifies me for the max on the old numbers ($504/wk) and DH as well. DH is still losing money even with the additional $600 wk but I dont believe that I will be getting $1100/wk. I think that additional $600 is there to help people who make a higher salary stay whole. I will update next week when our checks come in.



Everyone no matter how much you made before who is on unemployment will get an extra $600 a week from the federal government. They tried to base this on income level but it wasnt passed.

Posted 3/31/20 7:08 AM
 

blu6385

Member since 5/08

8351 total posts

Name:

Re: Spinoff to Getting Unemployment

Posted by olive98

Posted by angelicd77

DH and I signed up for UI last week and our first payment came through today. Its based on the old UI numbers this week. The CARES act numbers dont start paying out until 4/5 and I dont think that we will get more then what we were making before. My salary qualifies me for the max on the old numbers ($504/wk) and DH as well. DH is still losing money even with the additional $600 wk but I dont believe that I will be getting $1100/wk. I think that additional $600 is there to help people who make a higher salary stay whole. I will update next week when our checks come in.



Everyone no matter how much you made before who is on unemployment will get an extra $600 a week from the federal government. They tried to base this on income level but it wasnt passed.




I can not phantom how anyone agreed to paying some people 3 times what they make a week was a good idea Chat Icon Chat Icon

Shitttt like this is what’s wrong with this government and country.

Posted 3/31/20 9:30 AM
 

mrsrainbow
LIF Adult

Member since 1/17

1465 total posts

Name:

Re: Spinoff to Getting Unemployment

Posted by blu6385

Posted by olive98

Posted by angelicd77

DH and I signed up for UI last week and our first payment came through today. Its based on the old UI numbers this week. The CARES act numbers dont start paying out until 4/5 and I dont think that we will get more then what we were making before. My salary qualifies me for the max on the old numbers ($504/wk) and DH as well. DH is still losing money even with the additional $600 wk but I dont believe that I will be getting $1100/wk. I think that additional $600 is there to help people who make a higher salary stay whole. I will update next week when our checks come in.



Everyone no matter how much you made before who is on unemployment will get an extra $600 a week from the federal government. They tried to base this on income level but it wasnt passed.




I can not phantom how anyone agreed to paying some people 3 times what they make a week was a good idea Chat Icon Chat Icon

Shitttt like this is what’s wrong with this government and country.



The economy is a balloon. There is nothing underneath. It's been a prop all along. The only people who benefit are the wealthy. If you're lucky enough to never ever be in need, then you're lucky. $1200 will not hold up this economy. The stimulus package was corporate bailout for the airlines, banks, and big industry packaged as public welfare. Businesses who have for decades extracted the labor of workers, paid next to nothing in wages and taxes, reduced healthcare and benefits, now want another bailout after 2008. Workers deserve help. Not companies. Without workers, there are no companies.

Message edited 3/31/2020 10:03:07 AM.

Posted 3/31/20 9:56 AM
 

blu6385

Member since 5/08

8351 total posts

Name:

Re: Spinoff to Getting Unemployment

Posted by mrsrainbow

Posted by blu6385

Posted by olive98

Posted by angelicd77

DH and I signed up for UI last week and our first payment came through today. Its based on the old UI numbers this week. The CARES act numbers dont start paying out until 4/5 and I dont think that we will get more then what we were making before. My salary qualifies me for the max on the old numbers ($504/wk) and DH as well. DH is still losing money even with the additional $600 wk but I dont believe that I will be getting $1100/wk. I think that additional $600 is there to help people who make a higher salary stay whole. I will update next week when our checks come in.



Everyone no matter how much you made before who is on unemployment will get an extra $600 a week from the federal government. They tried to base this on income level but it wasnt passed.




I can not phantom how anyone agreed to paying some people 3 times what they make a week was a good idea Chat Icon Chat Icon

Shitttt like this is what’s wrong with this government and country.



The economy is a balloon. There is nothing underneath. It's been a prop all along. The only people who benefit are the wealthy. If you're lucky enough to never ever be in need, then you're lucky. $1200 will not hold up this economy. The stimulus package was corporate bailout for the airlines, banks, and big industry packaged as public welfare. Businesses who have for decades extracted the labor of workers, paid next to nothing in wages and taxes, reduced healthcare and benefits, now want another bailout after 2008. Workers deserve help. Not companies. Without workers, there are no companies.



Im not saying we shouldn’t be helping workers but I don’t understand why you would pay someone more money now that they are not working then they were making them when they were working.

How does that make any sense. Now is not the time to say people who only made $250 a week can’t survive on that even though they were surviving before all this to now get paid unemployment from their state plus an additional $600 from the federal government How is that a good idea.
Let’s create more debt and issue down the line because they didn’t think we should probably consider people’s actual income instead of paying every single person who is on unemployment $600 extra a week.

I’m not against the one time payment even if i don’t end up qualifying for it. I am against the ridiculous unemployment portion of this bill that was passed!!

I honestly can’t believe people can’t really see how this is a problem.

Posted 3/31/20 10:16 AM
 

LSP2005
Bunny kisses are so cute!

Member since 5/05

19453 total posts

Name:
L

Re: Spinoff to Getting Unemployment

Posted by blu6385

Posted by mrsrainbow

Posted by blu6385

Posted by olive98

Posted by angelicd77

DH and I signed up for UI last week and our first payment came through today. Its based on the old UI numbers this week. The CARES act numbers dont start paying out until 4/5 and I dont think that we will get more then what we were making before. My salary qualifies me for the max on the old numbers ($504/wk) and DH as well. DH is still losing money even with the additional $600 wk but I dont believe that I will be getting $1100/wk. I think that additional $600 is there to help people who make a higher salary stay whole. I will update next week when our checks come in.



Everyone no matter how much you made before who is on unemployment will get an extra $600 a week from the federal government. They tried to base this on income level but it wasnt passed.




I can not phantom how anyone agreed to paying some people 3 times what they make a week was a good idea Chat Icon Chat Icon

Shitttt like this is what’s wrong with this government and country.



The economy is a balloon. There is nothing underneath. It's been a prop all along. The only people who benefit are the wealthy. If you're lucky enough to never ever be in need, then you're lucky. $1200 will not hold up this economy. The stimulus package was corporate bailout for the airlines, banks, and big industry packaged as public welfare. Businesses who have for decades extracted the labor of workers, paid next to nothing in wages and taxes, reduced healthcare and benefits, now want another bailout after 2008. Workers deserve help. Not companies. Without workers, there are no companies.



Im not saying we shouldn’t be helping workers but I don’t understand why you would pay someone more money now that they are not working then they were making them when they were working.

How does that make any sense. Now is not the time to say people who only made $250 a week can’t survive on that even though they were surviving before all this to now get paid unemployment from their state plus an additional $600 from the federal government How is that a good idea.
Let’s create more debt and issue down the line because they didn’t think we should probably consider people’s actual income instead of paying every single person who is on unemployment $600 extra a week.

I’m not against the one time payment even if i don’t end up qualifying for it. I am against the ridiculous unemployment portion of this bill that was passed!!

I honestly can’t believe people can’t really see how this is a problem.

we are living in a house of cards. 34 million people are now claiming unemployment. Before last week it was less than a million people. Economists estimate at least 1/3 of Americans will loose their jobs within the next 2 months. This is socialism to help stave off anarchy. There will be a lot of unemployed people who would starve to death without this income. 40% of Americans cannot afford a $400 emergency expense.

Posted 3/31/20 10:55 AM
 

blu6385

Member since 5/08

8351 total posts

Name:

Re: Spinoff to Getting Unemployment

Posted by LSP2005

Posted by blu6385

Posted by mrsrainbow

Posted by blu6385

Posted by olive98

Posted by angelicd77

DH and I signed up for UI last week and our first payment came through today. Its based on the old UI numbers this week. The CARES act numbers dont start paying out until 4/5 and I dont think that we will get more then what we were making before. My salary qualifies me for the max on the old numbers ($504/wk) and DH as well. DH is still losing money even with the additional $600 wk but I dont believe that I will be getting $1100/wk. I think that additional $600 is there to help people who make a higher salary stay whole. I will update next week when our checks come in.



Everyone no matter how much you made before who is on unemployment will get an extra $600 a week from the federal government. They tried to base this on income level but it wasnt passed.




I can not phantom how anyone agreed to paying some people 3 times what they make a week was a good idea Chat Icon Chat Icon

Shitttt like this is what’s wrong with this government and country.



The economy is a balloon. There is nothing underneath. It's been a prop all along. The only people who benefit are the wealthy. If you're lucky enough to never ever be in need, then you're lucky. $1200 will not hold up this economy. The stimulus package was corporate bailout for the airlines, banks, and big industry packaged as public welfare. Businesses who have for decades extracted the labor of workers, paid next to nothing in wages and taxes, reduced healthcare and benefits, now want another bailout after 2008. Workers deserve help. Not companies. Without workers, there are no companies.



Im not saying we shouldn’t be helping workers but I don’t understand why you would pay someone more money now that they are not working then they were making them when they were working.

How does that make any sense. Now is not the time to say people who only made $250 a week can’t survive on that even though they were surviving before all this to now get paid unemployment from their state plus an additional $600 from the federal government How is that a good idea.
Let’s create more debt and issue down the line because they didn’t think we should probably consider people’s actual income instead of paying every single person who is on unemployment $600 extra a week.

I’m not against the one time payment even if i don’t end up qualifying for it. I am against the ridiculous unemployment portion of this bill that was passed!!

I honestly can’t believe people can’t really see how this is a problem.

we are living in a house of cards. 34 million people are now claiming unemployment. Before last week it was less than a million people. Economists estimate at least 1/3 of Americans will loose their jobs within the next 2 months. This is socialism to help stave off anarchy. There will be a lot of unemployed people who would starve to death without this income. 40% of Americans cannot afford a $400 emergency expense.



Am I the one missing the point of this extra $600 a week to everyone that files unemployment no matter what they make? pleAse explain it to me cause I am not getting it and I am being serious. Not snarky maybe I am not seeing it correctly

To make clear again my point

I am ok with the checks going to everyone no issue with that.
I am ok with covering people’s weekly salary using the extra $600 from the federal government. So if someone was making $1100 a week and NYS only covers $500 then federal government giving that person $600

What I am not ok with and don’t get if someone was making say $300 a week and was clearly surviving off that/making it work before all this happened why if NYS says covers $200 of that why the federal government giving that person also $600 a week so now they are getting $800 a week. So that’s over 2Xs the amount of money they were getting before they stopped working.
I see this as money they should not be getting and can go towards other things that are needed for this country.
Am I really the only one who thinks this is crazy? Or am I really not understanding why everyone else find this to be ok ( I know people I talk to in real life thinks this is crazy that they are doing this)
I am sure the people who are getting paid more now to not work then while they were working are loving it!

Posted 3/31/20 2:11 PM
 

lululu
LIF Adult

Member since 7/05

9508 total posts

Name:

Re: Spinoff to Getting Unemployment

Posted by blu6385



Am I the one missing the point of this extra $600 a week to everyone that files unemployment no matter what they make? pleAse explain it to me cause I am not getting it and I am being serious. Not snarky maybe I am not seeing it correctly

To make clear again my point

I am ok with the checks going to everyone no issue with that.
I am ok with covering people’s weekly salary using the extra $600 from the federal government. So if someone was making $1100 a week and NYS only covers $500 then federal government giving that person $600

What I am not ok with and don’t get if someone was making say $300 a week and was clearly surviving off that/making it work before all this happened why if NYS says covers $200 of that why the federal government giving that person also $600 a week so now they are getting $800 a week. So that’s over 2Xs the amount of money they were getting before they stopped working.
I see this as money they should not be getting and can go towards other things that are needed for this country.
Am I really the only one who thinks this is crazy? Or am I really not understanding why everyone else find this to be ok ( I know people I talk to in real life thinks this is crazy that they are doing this)
I am sure the people who are getting paid more now to not work then while they were working are loving it!



It makes absolutely no sense. No one should be collecting more on unemployment than they were making before finding themselves unemployed. And in addition to that they will get the additional check in the mail. If I was making $250 a week, now for 4 months I will make $850 a week, plus I just got a check for $2900, I am pretty sure I am not going back to work for a pretty long time. People who only make $250 are not in careers where it's hard to find a job. Those are minimum wage, hourly employees and those jobs are typically easy to come by. I know this because I used to run a small business and it was almost impossible back then to fill the positions that were paying close to minimum wage. Especially when you are competing with larger companies that can afford to pay more and offer benefits.

Posted 3/31/20 3:08 PM
 

NervousNell
Just another chapter in life..

Member since 11/09

54915 total posts

Name:
..being a mommy and being a wife!

Re: Spinoff to Getting Unemployment

Are we 100% sure that is how it is working?
Someone posted on this thread saying she and her DH are both collecting right now and will update when they get the next check.
Let's see how it plays out in the real world before jumping off a cliff over speculation.
Perhaps people who make more than the usual unemployment weekly limit will get an additional bump but those who don't won't be paid more than what they were making.

Posted 3/31/20 3:12 PM
 

mommywantsababy
LIF Adolescent

Member since 12/12

583 total posts

Name:
shh

Spinoff to Getting Unemployment

My mom was on unemployment before this started, and said she read on the website she’ll now be getting the extra $600-which will be way more than she ever made working

Posted 3/31/20 3:38 PM
 

olive98
LIF Adolescent

Member since 11/12

791 total posts

Name:

Re: Spinoff to Getting Unemployment

Posted by NervousNell

Are we 100% sure that is how it is working?
Someone posted on this thread saying she and her DH are both collecting right now and will update when they get the next check.
Let's see how it plays out in the real world before jumping off a cliff over speculation.
Perhaps people who make more than the usual unemployment weekly limit will get an additional bump but those who don't won't be paid more than what they were making.


Yes that's exactly how its working. It's very clear in the care package and on the unemployment website. Everyone will get the 600. It's for 4 months. It will boost the economy and help this country not go into a recession

Posted 3/31/20 3:48 PM
 

NervousNell
Just another chapter in life..

Member since 11/09

54915 total posts

Name:
..being a mommy and being a wife!

Re: Spinoff to Getting Unemployment

Posted by olive98

Posted by NervousNell

Are we 100% sure that is how it is working?
Someone posted on this thread saying she and her DH are both collecting right now and will update when they get the next check.
Let's see how it plays out in the real world before jumping off a cliff over speculation.
Perhaps people who make more than the usual unemployment weekly limit will get an additional bump but those who don't won't be paid more than what they were making.


Yes that's exactly how its working. It's very clear in the care package and on the unemployment website. Everyone will get the 600. It's for 4 months. It will boost the economy and help this country not go into a recession



Honestly at this point if that is what it takes, whatever.
This is unprecedented times and I don't pretend to be more informed than who ever thought this would help

Posted 3/31/20 3:58 PM
 

blu6385

Member since 5/08

8351 total posts

Name:

Re: Spinoff to Getting Unemployment

Posted by olive98

Posted by NervousNell

Are we 100% sure that is how it is working?
Someone posted on this thread saying she and her DH are both collecting right now and will update when they get the next check.
Let's see how it plays out in the real world before jumping off a cliff over speculation.
Perhaps people who make more than the usual unemployment weekly limit will get an additional bump but those who don't won't be paid more than what they were making.


Yes that's exactly how its working. It's very clear in the care package and on the unemployment website. Everyone will get the 600. It's for 4 months. It will boost the economy and help this country not go into a recession



Again not being snarky. I like to be well informed on things especially if I am seeing it wrong. How will this help the economy ? Is the theory people will spend more money cause they now have more then when working?

Posted 3/31/20 4:06 PM
 

NervousNell
Just another chapter in life..

Member since 11/09

54915 total posts

Name:
..being a mommy and being a wife!

Re: Spinoff to Getting Unemployment

Posted by blu6385

Posted by olive98

Posted by NervousNell

Are we 100% sure that is how it is working?
Someone posted on this thread saying she and her DH are both collecting right now and will update when they get the next check.
Let's see how it plays out in the real world before jumping off a cliff over speculation.
Perhaps people who make more than the usual unemployment weekly limit will get an additional bump but those who don't won't be paid more than what they were making.


Yes that's exactly how its working. It's very clear in the care package and on the unemployment website. Everyone will get the 600. It's for 4 months. It will boost the economy and help this country not go into a recession



Again not being snarky. I like to be well informed on things especially if I am seeing it wrong. How will this help the economy ? Is the theory people will spend more money cause they now have more then when working?



Yes I believe that's the thought. That and the stimulus check

Posted 3/31/20 4:07 PM
 

LuckyStar
LIF Adult

Member since 7/14

7271 total posts

Name:

Spinoff to Getting Unemployment

The purpose is to allow people to keep up with bills, cover potential medical expenses and I’m sure to spend more money.

Posted 3/31/20 4:42 PM
 

mrsrainbow
LIF Adult

Member since 1/17

1465 total posts

Name:

Re: Spinoff to Getting Unemployment

Posted by NervousNell

Posted by blu6385

Posted by olive98

Posted by NervousNell

Are we 100% sure that is how it is working?
Someone posted on this thread saying she and her DH are both collecting right now and will update when they get the next check.
Let's see how it plays out in the real world before jumping off a cliff over speculation.
Perhaps people who make more than the usual unemployment weekly limit will get an additional bump but those who don't won't be paid more than what they were making.


Yes that's exactly how its working. It's very clear in the care package and on the unemployment website. Everyone will get the 600. It's for 4 months. It will boost the economy and help this country not go into a recession



Again not being snarky. I like to be well informed on things especially if I am seeing it wrong. How will this help the economy ? Is the theory people will spend more money cause they now have more then when working?



Yes I believe that's the thought. That and the stimulus check



That's exactly the thought. But the problem is they're only thinking about people having the luxury and ability to afford putting the money back into the economy, nor is it nearly enough to stimulate the economy when the poorest people have to shoulder the heaviest burden of rent, utilities, groceries, etc. The government has continued to punish poor people by not equitably raising minimum wage is accordance with the cost of living. So this stimulus money is just going to pay bills, it's not going to go "back into the economy." That's why it's a corporate bailout with a little money thrown at poor people to shut everyone up by saying "well, you got a stimulus check when we bailed you out?" They figure the people in between who are not suffering will complain, but they're not "losing anything" so who cares? They can still pay bills AND contribute to the economy, so let them at it. This is what a compromised society and government looks like. The reason people may qualify for the extra $600 is again to say, these people need it most, we want them to spend it on the economy. But they will be paying bills. It's a sick cycle for poor people being used as pawns in a government that does't care.

Message edited 4/1/2020 4:36:08 AM.

Posted 4/1/20 4:32 AM
 

blu6385

Member since 5/08

8351 total posts

Name:

Re: Spinoff to Getting Unemployment

i guess time will see if this will actually help but im leaning towards no.

I am really hoping everyone is misunderstanding it and people who weren't making that much money to begin with weekly will not be getting all of this extra money every week. if they do hopefully they dont plan on just saving it and will actually go out and spend it.

Posted 4/1/20 8:12 AM
 
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