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    2nd stimulus check

    I don't think the government should do this. I have multiple clients and friends still waiting for their checks from the first round. It didn't work well the first time. What do you think? I think the stimulus checks a good idea but how to implement it? People who don't file IE SS or people who make a very small amount don't get it. Lots of college students weren't eligible and not eligible on parents. i am not sure that this administration is at all able to figure out what the best thing to do is. I don't know what the best thing since we didn't go the way of the EU of paying companies to keep people on payroll.
    LivingAlmostLarge Blog

    #2
    If the government wants to send out another round, ill take it. Of course, we'll all be paying that money back in one way, shape or form. Thats just how it is.

    Comment


      #3
      I have heard that a second round was being considered.
      Most likely, the problems we saw with the first round will repeat themselves.
      Government isn't very good at being efficient or learning from past mistakes.
      Whether or not it is a good idea or will be beneficial depends on who you ask I guess.
      Brian

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        #4
        I'm okay with them doing additional stimulus efforts, whatever that looks like.
        Steve

        * Despite the high cost of living, it remains very popular.
        * Why should I pay for my daughter's education when she already knows everything?
        * There are no shortcuts to anywhere worth going.

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          #5
          why not give out money to companies to keep people employed in this round? No more layoffs
          LivingAlmostLarge Blog

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            #6
            Originally posted by LivingAlmostLarge View Post
            why not give out money to companies to keep people employed in this round? No more layoffs
            Why pay another middle man. There are some that need it more than companies do. I'd imagine their survival ought to be more important (even if it is not $ valued as much).
            Last edited by amarowsky; 05-04-2020, 01:23 PM. Reason: big fat typo

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              #7
              Originally posted by LivingAlmostLarge View Post
              why not give out money to companies to keep people employed in this round? No more layoffs
              It really amounts to the same thing, though, doesn't it? Either an employer furloughs workers and they get unemployment or the employer keeps them on the payroll even though they have no work for them to do and the government pays their salaries. The 2nd option is better in some ways because not everyone qualifies for unemployment (like my daughter) so it helps those folks more to keep getting paid through the job.
              Steve

              * Despite the high cost of living, it remains very popular.
              * Why should I pay for my daughter's education when she already knows everything?
              * There are no shortcuts to anywhere worth going.

              Comment


                #8
                Wow is this really being considered? I'm not keeping up with the news. I'm off to start another thread to vent.ha

                Comment


                  #9
                  Employees should wish that they are laid off. Most will make more money than showing up for work. My dads a supervisor at a large factory. All the people on the assembly sort of lines love being laid off. They get to keep their health care, they get their unemployment + the $600 from uncle sam. They are actually making more money by doing nothing.

                  The only kicker is...employers may not hire those people back. If you're guaranteed your job back, pray you're laid off.

                  Comment


                    #10
                    Looks like the most popular idea being floated right now is the $2000 a month recurring payment.
                    But, that's a long shot.

                    https://spectrumnews1.com/oh/dayton/...timulus-check-
                    Brian

                    Comment


                      #11
                      Originally posted by rennigade View Post
                      Employees should wish that they are laid off. Most will make more money than showing up for work.
                      This has been discussed here numerous times. Yes, some will make more on unemployment but "most" certainly isn't true. And I can tell you that every single person I've spoken to who is laid off can't wait to go back to work. They all hope they have a job to go back to as soon as possible.

                      The only people in the category who will make more on unemployment are the poor and lowest wage earners. I'm happy for them to get some extra money for a few weeks. Hopefully their jobs will be back soon.
                      Steve

                      * Despite the high cost of living, it remains very popular.
                      * Why should I pay for my daughter's education when she already knows everything?
                      * There are no shortcuts to anywhere worth going.

                      Comment


                        #12
                        Um... Ro Khanna, Pramila Jayapal and Rashida Tlaib? Ooooook. Can't stand their politics, and besides, NO, America cannot afford 2K per month for every resident for the foreseeable future nor are we a socialist country. Furthermore, another one-time 2K payment may just not be enough.

                        We need jobs, not stimulus checks, although if i got 2K from the government i'd be happy to take it!

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                          #13
                          Am I alone in thinking the stimulus is a sick joke? It's a stimulus, meant to stimulate the economy, to increase spending, net/new. It's being given at a time when some of the biggest benefactors like small businesses, are having to sit out because they cannot operate. A stimulus is to encourage net/new spending, at a time when a huge subset of the population is functionally bankrupt, and it wouldn't even begin to repay debt and expense racked up over the last couple of months. $1200 covers next to nothing. And let's not forget all those "rich" people who make 100k and don't get a "stimulus" -- fact is, they stand to be the biggest losers as so many of them are functionally "on the edge" because of the astounding cost of living in/around population centers with good-paying jobs. The working poor are already destitute. The middle class had a fighting chance but now so many people in the middle class won't be able to repay deferred mortgage payments or rebuild savings after partial unemployment or loss of other income. The whole program is such a stupid failure.

                          Go ahead, send a 2nd check. It won't do anything just like the first check didn't do anything. Let people go broke, let the banks fail.

                          Comment


                            #14
                            The stimulus checks ($1200/ person) were meant to help with rent / mortgage and groceries. A family of 4 making less than 150K would have received $3400 & that would have paid rent for the month and some groceries. With unemployment it may have helped quite a bit. But i doubt it will be repeatable as millions more are now unemployed and consumers are tightening purse strings, not opening them up.

                            I foresee foreclosures and evictions (both commercial & residential) on the rise once the moratorium on both is lifted. Banks will be bailed out (as they have been since September 2019). But unless people have jobs again and start spending again (unlikely) the near future looks dire aroumd the globe. The ones who will emerge unscathed would be the rich or the prepared.

                            Comment


                              #15
                              Originally posted by rennigade View Post
                              Employees should wish that they are laid off. Most will make more money than showing up for work. My dads a supervisor at a large factory. All the people on the assembly sort of lines love being laid off. They get to keep their health care, they get their unemployment + the $600 from uncle sam. They are actually making more money by doing nothing.

                              The only kicker is...employers may not hire those people back. If you're guaranteed your job back, pray you're laid off.
                              That must be a benefit the union negotiated for those employees. Most people who are laid off lose their health insurance.

                              Comment

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