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The New Coffee Room

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

$2000, not $600

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  • L Larry
    29 Dec 2020, 00:03

    We shouldn't be handing out money at all.

    M Away
    M Away
    Mik
    wrote on 29 Dec 2020, 00:11 last edited by
    #6

    @larry said in $2000, not $600:

    We shouldn't be handing out money at all.

    Sadly people have come to believe the government's job is to make sure no one ever feels any pain, even the result of their own decisions. I clearly do not share that view.

    “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
    • ? Offline
      ? Offline
      A Former User
      wrote on 29 Dec 2020, 00:15 last edited by
      #7

      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

      L M 2 Replies Last reply 29 Dec 2020, 00:18
      • ? A Former User
        29 Dec 2020, 00:15

        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

        L Offline
        L Offline
        Larry
        wrote on 29 Dec 2020, 00:18 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
          29 Dec 2020, 00:15

          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

          M Away
          M Away
          Mik
          wrote on 29 Dec 2020, 00:32 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

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          • M Mik
            28 Dec 2020, 23:48

            $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.

            A Offline
            A Offline
            Axtremus
            wrote on 29 Dec 2020, 01:10 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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            • M Away
              M Away
              Mik
              wrote on 29 Dec 2020, 01:18 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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              • M Mik
                28 Dec 2020, 23:48

                $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.

                8 Offline
                8 Offline
                89th
                wrote on 29 Dec 2020, 02:10 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
                • L Offline
                  L Offline
                  LuFins Dad
                  wrote on 29 Dec 2020, 02:14 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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                  • 8 Offline
                    8 Offline
                    89th
                    wrote on 29 Dec 2020, 02:30 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.

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                    • C Offline
                      C Offline
                      Copper
                      wrote on 29 Dec 2020, 02:50 last edited by
                      #15

                      $600 is better than $2000

                      $0 is better than $600

                      A 1 Reply Last reply 29 Dec 2020, 03:10
                      • C Copper
                        29 Dec 2020, 02:50

                        $600 is better than $2000

                        $0 is better than $600

                        A Offline
                        A Offline
                        Axtremus
                        wrote on 29 Dec 2020, 03:10 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
                        • M Away
                          M Away
                          Mik
                          wrote on 29 Dec 2020, 03:15 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
                          • J Offline
                            J Offline
                            jon-nyc
                            wrote on 29 Dec 2020, 12:54 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.

                            You were warned.

                            1 Reply Last reply
                            • L Offline
                              L Offline
                              LuFins Dad
                              wrote on 29 Dec 2020, 13:02 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 29 Dec 2020, 21:07 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.

                                A 1 Reply Last reply 29 Dec 2020, 21:37
                                • X xenon
                                  29 Dec 2020, 21:07

                                  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.

                                  A Offline
                                  A Offline
                                  Aqua Letifer
                                  wrote on 29 Dec 2020, 21:37 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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