Political Discussion

ranbalam said:
This is tricky to express because I don't want it to come off as a complaint - my wife and I earn well together so we are in the group that got very little when the last stimulus came around. But, we're not rich by any means and my wife's student loans will be an anchor for a couple/few more years. With that being said; I feel like if we were to get the full stimulus, we'd be in good shape to immediately inject it into the economy, or possibly donate even more than we usually do to organizations for the needy. I don't love that we are excluded, because I feel we could do some good with the money.

Or hell, if there was a program in place to divert the amount allotted to us straight to people about to be evicted or struggling to feed their families I'd be interested in something like that too.
Click to expand...

TenderLovingKiller® said:
Exactly this. They need to worry less about a few extremely rich asshole getting a couple thousand bucks they don’t need and worry more about getting money into the hands of people who need it. The metrics they are using now are not very well thought out to begin with. Give the people money. I promise the government holding on to the $$ they would save by targeting eligibility isn’t going to be put to a better use.
Click to expand...

Dtknuckles said:
putting money into the hands of all Americans will increase the demand for products and services more so with the middle class. The lower class are paying off debt and past due bills.
Click to expand...
I think we've talked about this a lot in this thread but it's the US Economy in a nutshell. Give working class more money and they will spend it. 99% of Americans will say "I want to travel." or "I want to buy a car" if asked what you'd do if you had more money. I don't understand why politicians haven't figured that point out yet. Oh wait---It's because politicians making the laws are part of the 1% that want to hoard as much money as possible :cautious:
 
wokeupnew said:
I think we've talked about this a lot in this thread but it's the US Economy in a nutshell. Give working class more money and they will spend it. 99% of Americans will say "I want to travel." or "I want to buy a car" if asked what you'd do if you had more money. I don't understand why politicians haven't figured that point out yet. Oh wait---It's because politicians making the laws are part of the 1% that want to hoard as much money as possible :cautious:
Click to expand...
More like I need to fix my fucking car, or my roof, or my drafty windows, or my refrigerator, or upgrade my kids' beds, or their clothes, or my clothes, etc. etc. etc.

Like right now the choice is to struggle to do any one of those things. A little stimulus starts to change some of those "or's" into "and's".
 
debianlinux said:
More like I need to fix my fucking car, or my roof, or my drafty windows, or my refrigerator, or upgrade my kids' beds, or their clothes, or my clothes, etc. etc. etc.

Like right now the choice is to struggle to do any one of those things. A little stimulus starts to change some of those "or's" into "and's".
Click to expand...
Yup, that too. People need money right now because people need money. Politicians don't understand how bad this country is suffering or if they do, they just don't give a shit.
 
wokeupnew said:
Yup, that too. People need money right now because people need money. Politicians don't understand how bad this country is suffering or if they do, they just don't give a shit.
Click to expand...
From the talking heads saying that most of us don't really "need" the stimulus, I really think that these people might not genuinely understand how bad it is for most people. Either that or they don't care because they never have to deal with working class people except their maids and personal chefs/trainers/etc. I have said it over and over, when the ruling class doesn't understand the people they are ruling, things get bad.
 
bfly said:
this won't help with folks still above $50k who could still put the money to good use, but if you are in the group that made more in 2019 and saw job loss or income cuts in 2020- file your taxes asap in case.
Click to expand...

Can't file until the 12th, right?
 
Lee Newman said:
You can file as soon as you have w-2 (hell you can file before that if you can safely estimate annual earnings and tax payments.). I’ve been known to file in December back when my taxes were easy.
Click to expand...
That's what I've always thought but this year I saw the IRS state that tax season started and they started accepting returns on 2/12. What does that mean then?
 
Last edited:
The idea that people with incomes between $50K and $75K are "doing well" and "don't need it" is preposterous. After taxes, insurance and 401K, most of us only take home 60-65% of our paychecks. At least in Europe people get nationalized health care and strong safety nets for their money; we don't get any of this and pay roughly the same amount, but we pay part of that to private companies instead of the government.

 
nolalady said:
The idea that people with incomes between $50K and $75K are "doing well" and "don't need it" is preposterous. After taxes, insurance and 401K, most of us only take home 60-65% of our paychecks. At least in Europe people get nationalized health care and strong safety nets for their money; we don't get any of this and pay roughly the same amount, but we pay part of that to private companies instead of the government.

Click to expand...


Tell me about it. And those of us who are single and living off of a single income in high rent areas like me are living paycheck to paycheck from rent alone and I just barely squeeze into the high end of that range.

Do we expect the democrats to cave and reduce the range to appease republicans? Or do they plan on pushing it through as is? I haven't been following closely enough to know what to expect.

I do know they want it to be bipartisan and the republicans are accusing it of being anything but that.
 
nolalady said:
The idea that people with incomes between $50K and $75K are "doing well" and "don't need it" is preposterous. After taxes, insurance and 401K, most of us only take home 60-65% of our paychecks. At least in Europe people get nationalized health care and strong safety nets for their money; we don't get any of this and pay roughly the same amount, but we pay part of that to private companies instead of the government.

Click to expand...

To be somewhat more fair I keep picking up that the $50k-$75k limit is AGI. While I am over limit for total income my AGI is well below $50k.
 
nolalady said:
The idea that people with incomes between $50K and $75K are "doing well" and "don't need it" is preposterous. After taxes, insurance and 401K, most of us only take home 60-65% of our paychecks. At least in Europe people get nationalized health care and strong safety nets for their money; we don't get any of this and pay roughly the same amount, but we pay part of that to private companies instead of the government.

Click to expand...

After they finally figure out who gets what from this more recent round of stimulus checks, that will be it? I fully do not expect anything to come our way again. "This should last you until the summer when maybe you'll be able to get the vaccine and then we can all get on with our lives." Completely unacceptable that the working class is squabbling over crumbs.
 
nolalady said:
From the talking heads saying that most of us don't really "need" the stimulus, I really think that these people might not genuinely understand how bad it is for most people. Either that or they don't care because they never have to deal with working class people except their maids and personal chefs/trainers/etc. I have said it over and over, when the ruling class doesn't understand the people they are ruling, things get bad.
Click to expand...
Here's my problem with the stimulus checks. I actually agree with the idea of getting them to the people who need them most, we're not rich, we're not poor, honestly I don't know what we are. We kind of live paycheck to paycheck, but manage, the stimulus checks did help, but we wouldn't have "suffered" without them.

The problem, our Government has no idea how to function, look at how screwed up the vaccine deployment has become, if they could actually get the money into the hands of the people who need it most that would be great, but, I would want them to take my share and move it forward and not just deduct it from the pot......that's the problem, they want to reduce the dollar amount rather than adjusting who it goes to, $1400 is great, but for many, more is better. We spend trillions on things that have no "humanity" attached to them, but can't seem to do it when lives are at stake.

This country is a disaster and as you mentioned, when the powers that be have little to no understanding of what a huge number of Americans are actually having to deal with, its way beyond bad.
 
You must log in or register to reply here.
Back
Top