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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. $2000, not $600

$2000, not $600

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  • ? A Former User

    Yet millions of people who decry any socialistic turn they fear our new government will take, are also crying very loudly for their stimulus money

    LarryL Offline
    LarryL Offline
    Larry
    wrote on last edited by
    #8

    @nobodyssock said in $2000, not $600:

    Yet millions of people who decry any socialistic turn they fear our new government will take, are also crying very loudly for their stimulus money

    So based on that observation you think we should just go full Socialist, right?

    1 Reply Last reply
    • ? A Former User

      Yet millions of people who decry any socialistic turn they fear our new government will take, are also crying very loudly for their stimulus money

      MikM Offline
      MikM Offline
      Mik
      wrote on last edited by
      #9

      @nobodyssock said in $2000, not $600:

      Yet millions of people who decry any socialistic turn they fear our new government will take, are also crying very loudly for their stimulus money

      Not me. I think it should be used more wisely and only where it is needed.

      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

      1 Reply Last reply
      • MikM Mik

        $1400 more debt per taxpayer, that is not targeted. At all.

        In March/April there was some excuse for it. We didn't know what to expect and we had to do something fast. But now we have had 10 months to develop a better, more focused approach and our elected officials failed us miserably. Again.

        AxtremusA Offline
        AxtremusA Offline
        Axtremus
        wrote on last edited by
        #10

        @mik said in $2000, not $600:

        $1400 more debt per taxpayer, that is not targeted. At all.

        Not true. The $600 payment in the most recently enacted legislation starts phasing at $75k income and reaches zero at $87k income. The proposal for the additional $1400 can be similarly phased out, thus targeting the lower to middle income people.

        That said, personally I much prefer beefing up and extending unemployment benefits and backfill states and municipalities’ coffers to cover for loss of wages/revenues due to COVID-19 rather than the one-time $1200 or $600 or $2000 lump sum.

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        • MikM Offline
          MikM Offline
          Mik
          wrote on last edited by Mik
          #11

          That's 68% of US workers before it STARTS phasing out. $145 I believe for couples. Do you believe 68% of US workers are in trouble? I don't. I sure as hell don't see evidence of it.

          “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

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          • MikM Mik

            $1400 more debt per taxpayer, that is not targeted. At all.

            In March/April there was some excuse for it. We didn't know what to expect and we had to do something fast. But now we have had 10 months to develop a better, more focused approach and our elected officials failed us miserably. Again.

            89th8 Offline
            89th8 Offline
            89th
            wrote on last edited by
            #12

            @mik said in $2000, not $600:

            $1400 more debt per taxpayer, that is not targeted. At all.

            Oh it’s targeted. Towards the 50% of households that qualify based on income level. In other words, half the country doesn’t get a check, even though they pay taxes...actually more in taxes (based on % of income).

            1 Reply Last reply
            • LuFins DadL Offline
              LuFins DadL Offline
              LuFins Dad
              wrote on last edited by
              #13

              This is ridiculous. I’d be willing to bet that a helluva lot of people in this income bracket haven’t missed a paycheck during COVID. On top of that, their overall costs are drastically lower. They are in better financial shape than they were before.

              The Brad

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              • 89th8 Offline
                89th8 Offline
                89th
                wrote on last edited by
                #14

                Agreed. I’d even be fine with a rough and imperfect system where you can apply online and “digitally sign” (under penalty of perjury) that you’ve lost substantial income and/or cannot pay rent or utility/food bills. Then you immediately get a check sent to you. Would at least have a little logic behind it since I think we’re behind the “flood the market with cash!” days in the spring.

                1 Reply Last reply
                • CopperC Offline
                  CopperC Offline
                  Copper
                  wrote on last edited by
                  #15

                  $600 is better than $2000

                  $0 is better than $600

                  AxtremusA 1 Reply Last reply
                  • CopperC Copper

                    $600 is better than $2000

                    $0 is better than $600

                    AxtremusA Offline
                    AxtremusA Offline
                    Axtremus
                    wrote on last edited by
                    #16

                    @copper said in $2000, not $600:

                    $600 is better than $2000

                    $0 is better than $600

                    How about -$600 or -$2000?

                    Say, because your expenses have gone down because you have no where to spend your money, so you send $600 or $2000 to the United States Treasury to pay down the national debt (and only to pay down the national debt).

                    1 Reply Last reply
                    • MikM Offline
                      MikM Offline
                      Mik
                      wrote on last edited by
                      #17

                      It’s already a negative number. It’s debt.

                      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                      1 Reply Last reply
                      • jon-nycJ Offline
                        jon-nycJ Offline
                        jon-nyc
                        wrote on last edited by
                        #18

                        So it passed the house with bipartisan support.

                        Bernie said he’ll filibuster the Defense Authorization Act vote (veto-override really) unless McConnell agrees to bring it up to a vote.

                        Only non-witches get due process.

                        • Cotton Mather, Salem Massachusetts, 1692
                        1 Reply Last reply
                        • LuFins DadL Offline
                          LuFins DadL Offline
                          LuFins Dad
                          wrote on last edited by
                          #19

                          Whatever... It would be nice to be altruistic and put the funds back into struggling businesses, but it’s Lucas and Finley that will need to help pay this back, so it will all go into a 529 for Finley and an IRA for Luke.

                          The Brad

                          1 Reply Last reply
                          • X Offline
                            X Offline
                            xenon
                            wrote on last edited by xenon
                            #20

                            Why stop at $2000? Go for broke, $10k per American!

                            I’m surprised the Dems aren’t egging him on.

                            Also - he’s BFFs with socialist Bernie now. This is what I meant by shamelessness. No need to make any semblance of sense.

                            He seems to only exist in the moment. Like the lead from Momento.

                            Aqua LetiferA 1 Reply Last reply
                            • X xenon

                              Why stop at $2000? Go for broke, $10k per American!

                              I’m surprised the Dems aren’t egging him on.

                              Also - he’s BFFs with socialist Bernie now. This is what I meant by shamelessness. No need to make any semblance of sense.

                              He seems to only exist in the moment. Like the lead from Momento.

                              Aqua LetiferA Offline
                              Aqua LetiferA Offline
                              Aqua Letifer
                              wrote on last edited by
                              #21

                              @xenon said in $2000, not $600:

                              Like the lead from Momento.

                              Not at all. Lenny knew he had a condition.

                              Please love yourself.

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