The Saving Advice Forums - A classic personal finance community.

2nd stimulus check

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • #16
    Originally posted by Petunia 100 View Post

    That must be a benefit the union negotiated for those employees. Most people who are laid off lose their health insurance.
    Plus, i wouldn't want to be laid off, no matter how much more I could make with unemployment. Unemployment is temporary and will run out soon. Then, what?

    Comment


    • #17
      Originally posted by LivingAlmostLarge View Post
      why not give out money to companies to keep people employed in this round? No more layoffs
      Some provision for this is either being discussed or was part of one of the 3 packages already passed, in the form of a tax credit equal to a percentage (80%?) of payroll of eligible employees.

      Comment


      • #18
        Originally posted by Scallywag View Post
        The ones who will emerge unscathed would be the rich or the prepared.
        Exactly, as always. Being prepared is so critically important. A 6-month emergency fund, low debt, living below your means. It will save you from a great many ills.
        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


        • #19
          Originally posted by Petunia 100 View Post

          That must be a benefit the union negotiated for those employees. Most people who are laid off lose their health insurance.
          A lot of people have been furloughed, not laid off. Those folks kept benefits. The ones totally laid off usually didn't.
          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


          • #20
            Originally posted by Petunia 100 View Post

            That must be a benefit the union negotiated for those employees. Most people who are laid off lose their health insurance.
            There's not a union at this place. The employees who are laid off do have to pay their share of healthcare, so whatever is deducted each pay when they were working, they are responsible for that amount, which is like $60/week or so.

            edit: im guessing these people were furloughed...I didnt realize there was a difference.

            Comment


            • #21
              Originally posted by Scallywag View Post

              Plus, i wouldn't want to be laid off, no matter how much more I could make with unemployment. Unemployment is temporary and will run out soon. Then, what?
              At that point, all the no work bans will be lifted, and a lot of people will go back to work. Not everyone, like I said in my original post, but a lot will.

              As a matter of fact, the company is reopening starting Monday, so everyone will be back to work. They have a backlog of so much work, they're going to be working overtime for the next couple weeks. The people on the lines anyway.

              Comment


              • #22
                If you are furloughed you can't claim unemployment. My coworker who was furloughed at his full time job told me so. And he got benefits so he was okay. He did not want to lose medical.

                I'm not sure I agree with UBI right now. I don't know it's going to help. Because people aren't going to be spending. Those with jobs aren't spending. Those without certainly shouldn't be spending and probably won't be spending on more than groceries and rent. $3400 is not 2 months of rent and groceries where I live. Even if I were super "frugal" and thrifty $3400 is not 2 months of rent for a family of four, in any of the places i've lived. Unless they are living in a 1 bd apartment. And that was in 2005. So $1700 for a 1 bd apartment sounds somewhat reasonable. So nope. Anywhere I've lived that is not 2 months of rent really for a family of 4.

                I want to open up but we are in a world of hurt. I also don't know anyone who got a stimulus check that wasn't a client. No friends make less than that. Actually 1 neighbor I think might but they lost 50% of their income when the wife got RIF in January. And trust me they'd rather she be working because she's on severance with medical but what happens in September when that runs out? Most people might earn more on unemployment but those who make much more don't want it. And those who have good medical insurance don't want it. They'd rather have a job and medical.

                I think people wanting the $2k/month stimulus are crazy personally. How will we pay for it? Most people making minimum wage don't make $2k. And most people who need more are living in HCOLA are they are going to make it proportional? So if you live in NY or SF you get more? Well you need much more than that to make it. Not exactly a great deal.
                LivingAlmostLarge Blog

                Comment


                • #23
                  Originally posted by LivingAlmostLarge View Post
                  If you are furloughed you can't claim unemployment. My coworker who was furloughed at his full time job told me so. And he got benefits so he was okay. He did not want to lose medical.

                  I'm not sure I agree with UBI right now. I don't know it's going to help. Because people aren't going to be spending. Those with jobs aren't spending. Those without certainly shouldn't be spending and probably won't be spending on more than groceries and rent. $3400 is not 2 months of rent and groceries where I live. Even if I were super "frugal" and thrifty $3400 is not 2 months of rent for a family of four, in any of the places i've lived. Unless they are living in a 1 bd apartment. And that was in 2005. So $1700 for a 1 bd apartment sounds somewhat reasonable. So nope. Anywhere I've lived that is not 2 months of rent really for a family of 4.

                  I want to open up but we are in a world of hurt. I also don't know anyone who got a stimulus check that wasn't a client. No friends make less than that. Actually 1 neighbor I think might but they lost 50% of their income when the wife got RIF in January. And trust me they'd rather she be working because she's on severance with medical but what happens in September when that runs out? Most people might earn more on unemployment but those who make much more don't want it. And those who have good medical insurance don't want it. They'd rather have a job and medical.

                  I think people wanting the $2k/month stimulus are crazy personally. How will we pay for it? Most people making minimum wage don't make $2k. And most people who need more are living in HCOLA are they are going to make it proportional? So if you live in NY or SF you get more? Well you need much more than that to make it. Not exactly a great deal.
                  The socialists want $2K per month - Khanna, Jayapal, Tlaib are not exactly a patheon of capitalists or even champions of democracy.

                  2K per month for every American means that we're going to have to be be taxed from here to the outer ends of the Milky Way.

                  It might pay for a month of rent & groceries in poorer neighborhoods in the Bay Area but nah...I pass. I am NOT paying Jizyah, this is America, so sorry Khanna, Jayapal & Tlaib, bugger off.
                  Last edited by Scallywag; 05-05-2020, 10:23 AM.

                  Comment


                  • #24
                    Originally posted by rennigade View Post

                    There's not a union at this place. The employees who are laid off do have to pay their share of healthcare, so whatever is deducted each pay when they were working, they are responsible for that amount, which is like $60/week or so.

                    edit: im guessing these people were furloughed...I didnt realize there was a difference.
                    Me either!

                    Comment


                    • #25
                      Originally posted by rennigade View Post

                      edit: im guessing these people were furloughed...I didnt realize there was a difference.
                      When you are furloughed, you are still on the books as an employee of the company. Furloughs are typically short term, sometimes even for a pre-determined period of time.

                      When you are laid off, you are no longer employed by the company. You are totally off their books. They may hire you back at some point but you are officially unemployed.
                      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


                      • #26
                        Originally posted by Scallywag View Post

                        The socialists want $2K per month
                        People love to trot out the word "socialist" for any tax payer supported program that they don't agree with.

                        Do you have a similar problem with public utilities, fire departments, police departments, highway departments, FDIC coverage for your bank account, Social Security, etc?
                        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


                        • #27
                          Originally posted by LivingAlmostLarge View Post
                          If you are furloughed you can't claim unemployment. My coworker who was furloughed at his full time job told me so. And he got benefits so he was okay. He did not want to lose medical.

                          I'm not sure I agree with UBI right now. I don't know it's going to help. Because people aren't going to be spending. Those with jobs aren't spending. Those without certainly shouldn't be spending and probably won't be spending on more than groceries and rent. $3400 is not 2 months of rent and groceries where I live. Even if I were super "frugal" and thrifty $3400 is not 2 months of rent for a family of four, in any of the places i've lived. Unless they are living in a 1 bd apartment. And that was in 2005. So $1700 for a 1 bd apartment sounds somewhat reasonable. So nope. Anywhere I've lived that is not 2 months of rent really for a family of 4.

                          I want to open up but we are in a world of hurt. I also don't know anyone who got a stimulus check that wasn't a client. No friends make less than that. Actually 1 neighbor I think might but they lost 50% of their income when the wife got RIF in January. And trust me they'd rather she be working because she's on severance with medical but what happens in September when that runs out? Most people might earn more on unemployment but those who make much more don't want it. And those who have good medical insurance don't want it. They'd rather have a job and medical.

                          I think people wanting the $2k/month stimulus are crazy personally. How will we pay for it? Most people making minimum wage don't make $2k. And most people who need more are living in HCOLA are they are going to make it proportional? So if you live in NY or SF you get more? Well you need much more than that to make it. Not exactly a great deal.
                          Each state makes its own unemployment laws. In California, furloughed employees definitely can. Aren't you in Washington? The state of Washington pays unemployment benefits to those who have been furloughed, according to their website: https://esd.wa.gov/unemployment/temporary-layoffs It does say that benefits are based on what you make per week, so those with reduced hours may make too much to qualify.

                          Comment


                          • #28
                            Originally posted by disneysteve View Post

                            People love to trot out the word "socialist" for any tax payer supported program that they don't agree with.

                            Do you have a similar problem with public utilities, fire departments, police departments, highway departments, FDIC coverage for your bank account, Social Security, etc?
                            I already do suppport these entities, as CA is an extremely high tax area. I don't wsnt to pay more and more merely because communists masquerading as Congressmen / women think that
                            taxing me more is the answer because Capitalism is just so EVIL

                            Comment


                            • #29
                              Originally posted by Scallywag View Post

                              I already do suppport these entities, as CA is an extremely high tax area.
                              As is NJ. I'd be happy to pay higher taxes if the money actually goes to support the greater good, make significant strides in reducing poverty, and provide basic healthcare for everyone.
                              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


                              • #30
                                Originally posted by Scallywag View Post

                                I already do suppport these entities, as CA is an extremely high tax area. I don't wsnt to pay more and more merely because communists masquerading as Congressmen / women think that
                                taxing me more is the answer because Capitalism is just so EVIL
                                The question though was do you have a problem with supporting them. Do you feel you should not be taxed to support public utilities, fire departments, police departments, highway departments, FDIC coverage for your bank account, Social Security, etc, which are clearly socialist?

                                Comment

                                Working...
                                X