Stimulus Checks for rich people

[KSB2424 3,173]

4 minutes ago, MTSkiBum said:

That would be unemployment, I would be fine with extending unemployment and adding some money on top, although I would still prefer an infrastructure package instead.

 

All of that is part of the Covid Stimulus plans.  Checks, unemployment, PPP loans, extension of loans, etc.  Somehow the democrats put in a $15 minimum wage and 4 billion to Mexico but I digress.  

[listen2me 23 1,952]

Just now, peenie said:

Well, I've been sitting at work since day 1, not 1 single day of telework for me. I didn't get a stimulus check nor am I getting a stimulus check and still I'm glad to help my fellow American in distress.  

Who here is upset over helping those who actually need it and were screwed over by Covid? 

[Strike 6,019]

5 minutes ago, MTSkiBum said:

https://www.bls.gov/web/laus/laumstrk.htm

 

Texas never closed down, but our economy was hit by the lack of oil demand.

This is a better link, because it shows before Covid and after Covid numbers:

https://www.bls.gov/web/laus/laumstch.htm

So, why would we be sending stimulus to SD when their unemployment rate is lower now than it was before Covid? 

[listen2me 23 1,952]

1 minute ago, Kopy said:

People that work for a living should get more than people that don't. Let's reward the true hard working Americans. 

Instead we reward every Tom, D1ck, Harry, and Jose that has there hand out.

We start people at $14 an hour, and guarantee 32 hours minimum. Have had help wanted signs up since the fall. People laugh at us. They get paid just as much to sit at home and play xbox.

 

This.

There is no incentive to go back to work for those that have always made q low wage.  Zero.  None.  Quite the opposite.

[TimHauck 3,307]

14 minutes ago, Strike said:

Or maybe we could just open the economy up........I'd love to see a compare and contrast of how people are doing economically in Florida compared to CA or NY.

I don't know about CA/NY but looks like Florida unemployment has mostly tracked with the rest of the country - https://www.tampabay.com/news/business/2020/12/30/floridas-coronavirus-economy-down-so-long-that-things-are-looking-up/

They depend a lot on tourism obviously.  They're probably faring better than other places in that regard because they are more open, but still way down compared to prior levels with people not traveling (especially by plane) as much.

[TBayXXXVII 2,669]

3 hours ago, GutterBoy said:

The latest plan by Biden is $1400 per person, $1400 per kid, for families making less than $150K.

So two well employed adults with 2 kids, who made $150K last year, will get a check for $5600.

Why are we giving able bodied people this kind of money when they don't even need it?  What a disgrace.

Also, you don't even have to be a citizen to get this.  And there is another plan in the works to send the same family $300/mo for the next year.

Why?

Wouldn't we be better off giving this money to people who actually need it?

I don't know if I'd call a family that makes $150k "rich"?  My brother and sister-in-law make around $185k and I certainly wouldn't use the word "rich" to describe them.

[MTSkiBum 1,626]

29 minutes ago, KSB2424 said:

All of that is part of the Covid Stimulus plans.  Checks, unemployment, PPP loans, extension of loans, etc.  Somehow the democrats put in a $15 minimum wage and 4 billion to Mexico but I digress.  

I was talking about the free money handout portion of the bill being proposed, that is what I have a problem with, sorry if i did not make that clear enough. Although my replies to Edjr and others should have made this fairly clear.

[MTSkiBum 1,626]

27 minutes ago, Strike said:

This is a better link, because it shows before Covid and after Covid numbers:

https://www.bls.gov/web/laus/laumstch.htm

So, why would we be sending stimulus to SD when their unemployment rate is lower now than it was before Covid? 

Why are we sending stimulus money(checks for KSB) anywhere, i think you are asking that to the wrong poster.

[GutterBoy 2,900]

1 hour ago, peenie said:

Did you guys miss my thread about this already? If you make over 50K you're not getting a check of any kind. It's for the working class, those that are underemployed and unemployed. Quit your complaining!

I love it how people who have a roof over their head, a warm home and food in their fridge with bills paid are mad. How utterly selfish not to realize many have been adversely affected. 

The latest plan is to give money up to $200K per household.

I don't think you understand, I'm mad because I feel it should be much much less.  I don't want to pay for bass boats.

[GutterBoy 2,900]

14 minutes ago, TBayXXXVII said:

I don't know if I'd call a family that makes $150k "rich"?  My brother and sister-in-law make around $185k and I certainly wouldn't use the word "rich" to describe them.

They probably have several luxuries, or they suck at money.

[Hawkeye21 2,454]

13 minutes ago, TBayXXXVII said:

I don't know if I'd call a family that makes $150k "rich"?  My brother and sister-in-law make around $185k and I certainly wouldn't use the word "rich" to describe them.

I would consider it on the upper end of middle class, especially if there are tow or more kids.  Certainly not rich.

[NorthernVike 2,095]

Stimulus checks are a joke.  The real money is in PPP loans that are forgiven.  

[peenie 1,962]

14 minutes ago, GutterBoy said:

The latest plan is to give money up to $200K per household.

I don't think you understand, I'm mad because I feel it should be much much less.  I don't want to pay for bass boats.

No, it's 50K

[GutterBoy 2,900]

3 minutes ago, peenie said:

No, it's 50K

Not according to this.  Look: https://www.cnn.com/2021/02/08/politics/stimulus-checks-house-democrats/index.html

Unless you have different information, please share.

[MTSkiBum 1,626]

3 minutes ago, peenie said:

No, it's 50K

I have already stated you were wrong once, it is like you do not read.

 

https://www.cnbc.com/2021/02/08/house-democrats-plan-does-not-change-income-levels-for-1400-stimulus-checks.html

[TimHauck 3,307]

1 minute ago, MTSkiBum said:

I have already stated you were wrong once, it is like you do not read.

 

https://www.cnbc.com/2021/02/08/house-democrats-plan-does-not-change-income-levels-for-1400-stimulus-checks.html

I don't think it's finalized yet?   I think Democrats plan was $75k/$150K and Republicans plan was $50k/$100k, with different opinions also on phasing out after those amounts or nothing after those amounts.   May end up somewhere in the middle

[GutterBoy 2,900]

2 minutes ago, TimHauck said:

I don't think it's finalized yet?   I think Democrats plan was $75k/$150K and Republicans plan was $50k/$100k, with different opinions also on phasing out after those amounts or nothing after those amounts.   May end up somewhere in the middle

The democrats rejected it.  They can whatever they want now.

 

House Democrats have rejected a Republican proposal to significantly narrow eligibility for further stimulus payments and are moving forward with legislation that would provide $1,400 stimulus payments per person.

 

 

[MTSkiBum 1,626]

1 hour ago, MTSkiBum said:

Your thread was wrong.

 

Nobody knows the limits yet, and they democrats have already talked about raising those limits, hence this discussion today.

 

3 minutes ago, TimHauck said:

I don't think it's finalized yet?   I think Democrats plan was $75k/$150K and Republicans plan was $50k/$100k, with different opinions also on phasing out after those amounts or nothing after those amounts.   May end up somewhere in the middle

 

 

Which is how i responded to Peenie previously.

[bandrus1 413]

14 minutes ago, NorthernVike said:

Stimulus checks are a joke.  The real money is in PPP loans that are forgiven.  

I'm sure those audits are going to be really hard hitting

[MTSkiBum 1,626]

2 minutes ago, bandrus1 said:

I'm sure those audits are going to be really hard hitting

There have been a few posters over at the other site that i visit have been hit with audits. Below is the best example, because they were a regular poster talking about their awesome new boat right up until the day of the bust.

https://www.thehulltruth.com/dockside-chat/1112492-another-one-big-trouble-ppp-fraud-fla.html

 

[Bill E. 703]

Everybody need to stop calling it stimulus and start calling it welfare and people might think differently about it. 

It really is all about buying votes for 2022.  You can see it now.  "Republicans want to take away your stimulus. "

[NorthernVike 2,095]

4 minutes ago, GutterBoy said:

The democrats rejected it.  They can whatever they want now.

 

House Democrats have rejected a Republican proposal to significantly narrow eligibility for further stimulus payments and are moving forward with legislation that would provide $1,400 stimulus payments per person.

 

 

The Dems were pixxed that teachers making $58,000 a year wouldn't be included in this round of socialism so they raised it back up.  

[NorthernVike 2,095]

4 minutes ago, bandrus1 said:

I'm sure those audits are going to be really hard hitting

You know they won't.  They keep raising the threshold for amounts forgiven completely.   All you have to do is file a one page form.  

[GutterBoy 2,900]

1 minute ago, NorthernVike said:

The Dems were pixxed that teachers making $58,000 a year wouldn't be included in this round of socialism so they raised it back up.  

Which is complete BS because teachers never lost their jobs, they just refuse to work, sit home, and still collect paychecks, now they get more welfare, focking scam.

[NorthernVike 2,095]

Just now, GutterBoy said:

Which is complete BS because teachers never lost their jobs, they just refuse to work, sit home, and still collect paychecks, now they get more welfare, focking scam.

It's the larges money grab in US history.  There are no less than 4 new programs for farmers alone.  I personally know several farmers who have or will receive over $500,000 and they haven't missed a day of work either.  

[GutterBoy 2,900]

2 minutes ago, NorthernVike said:

It's the larges money grab in US history.  There are no less than 4 new programs for farmers alone.  I personally know several farmers who have or will receive over $500,000 and they haven't missed a day of work either.  

I seriously don't know how anyone can think this type of sh!t is a good idea.

[peenie 1,962]

20 minutes ago, NorthernVike said:

It's the larges money grab in US history.  There are no less than 4 new programs for farmers alone.  I personally know several farmers who have or will receive over $500,000 and they haven't missed a day of work either.  

Well....farmers work hard. They deserve it.

I guess my point is that the regular person isn't getting rich off of 1K.

[Patriotsfatboy1 1,433]

1 minute ago, peenie said:

Well....farmers work hard. They deserve it.

I guess my point is that the regular person isn't getting rich off of 1K.

They may not be getting rich, but that money has to come from somewhere and the country is getting poor as a result of all of these handouts. 

[frank 2,345]

The stimulus is based on taxable income. That does not include money put  into retirement accounts. If you work in education and I believe some other fields, you can contribute to both a 403b and a 457b account. The max contributions of you are over 50 is $26,000 each. If the cutoff is for the stimulus is $75,000, someone could make just under $131,000 and still qualify for the full stimulus amount. 

[TheNewGirl 1,637]

So, coupling this with the student loan bailout (up to $50k to each)...there is a LOT of money being spent here. The student loan bailout is being touted as something that will also "boost the economy." 

WHO IS PAYING FOR ALL OF THIS SHITE?! 

[Patriotsfatboy1 1,433]

Just now, TheNewGirl said:

So, coupling this with the student loan bailout (up to $50k to each)...there is a LOT of money being spent here. The student loan bailout is being touted as something that will also "boost the economy." 

WHO IS PAYING FOR ALL OF THIS SHITE?! 

 

The welfare state in action. 

Student loan forgiveness is total BS. It will negatively impact people who did the right things - planned for college, paid off loans, didn't overspend on a crappy education.  If they want to provide more affordable ways to pay for college, then I am all for it, but making things retroactive will be an utter disaster. 

[peenie 1,962]

Oh lord, are they really planning to bailout student loans??? I spent YEEEEARS paying off my student loans! WTF??? I spent the majority of my life poor AF but always paying my bills. That's not fair. No one forced people to go to expensive schools. Now I'm with you guys! 

[Utilit99 4,099]

19 minutes ago, peenie said:

Oh lord, are they really planning to bailout student loans??? I spent YEEEEARS paying off my student loans! WTF??? I spent the majority of my life poor AF but always paying my bills. That's not fair. No one forced people to go to expensive schools. Now I'm with you guys! 

You'll be hearing a lot of this. Took me some time to pay them off as well. I can't see anyone outside of politics who actually paid their own loans off supporting this garbage.  

Is there going to be a yearly thing now? Cause what happens if they give this money to everyone in college but then don't do it new students next year? Going to have some pissed off parents there.

20 million people were enrolled at U.S. colleges in the fall of 2019.

Throw another trillion on the fire.$1,000,000,000,000

 

[TBayXXXVII 2,669]

1 hour ago, GutterBoy said:

They probably have several luxuries, or they suck at money.

They have a son and take care of my 75 year old dad.  They're not struggling, but they certainly are not rich.  The cost of living in NJ is extremely high - excessive.

[GutterBoy 2,900]

7 minutes ago, TBayXXXVII said:

They have a son and take care of my 75 year old dad.  They're not struggling, but they certainly are not rich.  The cost of living in NJ is extremely high - excessive.

Yes I know, I live in NJ, and I made less than $185K for many years, and was still able to drive nice cars, live in a nice house, vacations, support 3 kids, etc.

I have zero sympathy for a family making $185k and they definitely don't need any welfare.  Give it to someone who does.

 

[edjr 6,898]

Just now, GutterBoy said:

Yes I know, I live in NJ, and I made less than $185K for many years, and was still able to drive nice cars, live in a nice house, vacations, support 3 kids, etc.

I have zero sympathy for a family making $185k and they definitely don't need any welfare.  Give it to someone who does.

 

[TBayXXXVII 2,669]

2 minutes ago, GutterBoy said:

Yes I know, I live in NJ, and I made less than $185K for many years, and was still able to drive nice cars, live in a nice house, vacations, support 3 kids, etc.

I have zero sympathy for a family making $185k and they definitely don't need any welfare.  Give it to someone who does.

 

Never said they needed welfare.  I just questioned your use of the word "rich".

[GutterBoy 2,900]

Just now, TBayXXXVII said:

Never said they needed welfare.  I just questioned your use of the word "rich".

Use whatever word you want.  300k foot house, BMW and a Range Rover, iphone 12, 2 vacations a year, that's considered rich by many.

[Strike 6,019]

Just now, GutterBoy said:

Use whatever word you want.  300k foot house, BMW and a Range Rover, iphone 12, 2 vacations a year, that's considered rich by many.

I would consider myself very rich if I had a 300 thousand foot house.  I'm sure that's slumming for many of you, but for me that would be rich.

[TimHauck 3,307]

1 minute ago, GutterBoy said:

Use whatever word you want.  300k foot house, BMW and a Range Rover, iphone 12, 2 vacations a year, that's considered rich by many.

Strike beat me to the 300k foot house comment.

But BMW and Range Rover definitely is rich though.  I spend part of my stimulus on a used GMC Acadia.