General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsI don't think universal stimulus checks are a good idea.
Many people were never out of work or got a hit on their income during this pandemic.
Instead the money should go to people and small businesses who have been hurt,
Targeted checks to people who dearly need the help seem more sensible to me.
And the last round of PPE checks doled out by this corrupt Administration was the biggest theft in this countries history.
No corporate bailouts!
onecaliberal
(32,894 posts)work but everything costs more and I am having a hard time getting through the month with food.
edhopper
(33,615 posts)I was just giving one example.
But people still making 6 figures who were never out of work shouldn't.
But let me ask, is your situation due to COVID, or our fucked up society were more and more can't make a living wage?
Not that you shouldn't get a check if they are givien.
onecaliberal
(32,894 posts)edhopper
(33,615 posts)And more!
Demsrule86
(68,667 posts)'The legislation will give single adults who reported adjusted gross income of $75,000 or less on their 2019 tax returns a one-time check for $1,200. Married couples who filed jointly will receive $2,400. Families will get an additional $500 for each child under 17.'
This is a GOP talking point and like most of what they say...not true.
https://www.aarp.org/politics-society/advocacy/info-2020/coronavirus-stimulus-checks.html
Rorey
(8,445 posts)Especially with the price gouging at the beginning of this thing.
Heartstrings
(7,349 posts)kysrsoze
(6,023 posts)Small business owners and people impacted by layoffs/furloughs were the only ones who should have been sent money. The more money sent to those who aren't suffering, the less there is for those who are.
JonLP24
(29,322 posts)But they don't have the numbers and they were even ripped as sellouts by some parts of the progressive base even though Sanders got extended unemployment benefits in the deal.
The CARES Act had flaws but it did keep people out of poverty temporarily.
Rorey
(8,445 posts)The problem with this, I think, is that then we'd need some sort of system to determine who got that hit on their income. Honestly, I think more people took a hit in one way or another than didn't.
Case in point: Me. I found it necessary to spend a lot of money on things I didn't plan for, like items for my own personal protection (supplies to make masks, hand sanitizer, etc.) I also didn't plan on losing rental income because tenants couldn't work, and I'm sure I'm not going to recoup that.
And what about the family who was already on a tight budget, but didn't lose work, who found themselves in the position of having to buy individual laptops for each of their school age children?
I'm sure there are a lot more examples, but the point I'm trying to make is that if the money goes only to people who fall into a specific category, many others won't get help they truly need because there won't be a system in place for them to prove they should get help.
Besides that, one key word is "stimulus". It's not just to help people, it's to help the economy.
That's the way I see it, but it's only my opinion.
Hermit-The-Prog
(33,414 posts)Those who don't need it will still spend it and therefore stimulate the economy and help those who need more.
edhopper
(33,615 posts)But people with wealth and income should be excluded.
Instead, your tenants should be helped with the rent.
Rorey
(8,445 posts)I don't think the cumbersome system is going to get around to helping people with rent. In the meantime, I took hits that I could ill afford to take. There are a lot of small-time landlords in the same position as I'm in. My budget is extremely tight as it is. If I don't get paid, my bills don't get paid.
I do agree with some of what you're saying. There was a lot of abuse, by the same big corporations who have been raking this nation over the coals for a long time.
The first round of stimulus payments were income based, and I actually think that as far as what went to individuals, it was the best way to do it.
exboyfil
(17,865 posts)It seems we could do a bit better at needs testing on these checks.
mr_lebowski
(33,643 posts)Just curious the mechanism for calculating 'need level' of 300M people when it needs done in an urgent fashion?
edhopper
(33,615 posts)Like 6 figure income and still working.
Assests over 5 million dollars.
Things like that.
csziggy
(34,137 posts)Say if your income after deductions and other items is over a specific amount, tax the higher income people for it. The George W. Bush "stimulus" checks were sort of like that - you got taxed for them later.
mr_lebowski
(33,643 posts)Good idea!
csziggy
(34,137 posts)A lot to the Biden campaign, some to the SPLC, CREW, ACLU, local food bank, Planned Parenthood, and other organizations.
But I wouldn't mind at all having to pay taxes on it so that people that need the help can get more assistance!
pat_k
(9,313 posts)Last edited Thu Dec 3, 2020, 07:43 PM - Edit history (1)
Or Thomas Piketty's universal inheritance.
https://news.harvard.edu/gazette/story/2020/03/pikettys-new-book-explores-how-economic-inequality-is-perpetuated/
Using so much money to give everyone a check depletes it from other uses, like income and rent assurances.
pat_k
(9,313 posts)Targeted programs require enormous expenditures on administration. Basic income does not. The "leveling" is through the tax system. If a high-income, high tax bracket person falls on hard times, they have the basic income to fall back on. When they aren't making money, they aren't paying the level of taxes.
Implementing basic income and universal inheritance requires a commitment to addressing the massive, anti-democratic, destructive, and ever accelerating accumulation of our national wealth with the few. Currently, we are trapped in a "we can't afford it" mentality that is used to rationalize our continued tolerance of dehumanizing poverty, massively inequitable education, homelessness, broken system of unequal justice, mass incarceration and on and on.
There are powerful arguments for basic income and universal inheritance, but until we see them implemented in more places, we can't be sure that the goals will be met. There are other ways to approach. Our first step is defining the goals and demanding change that is likely to acheive those goals.
The fact is, we CAN afford these programs, but we lack the political will. For some thoughts on the "ingredients" necessary to build the political will, see this post.
brush
(53,853 posts)works or is unemployed is just going to delay getting checks in peoples' hands.
And the people who weren't out of work are just going to spend the money anyway so that'll help the economy. Everybody has suffered during trump's gross mishandling of the pandemic. We all deserve relief from trump chaos.
edhopper
(33,615 posts)Eating out? Vacations? The parts of the economy that need it should remain shut down.
John Fante
(3,479 posts)brush
(53,853 posts)us Dems, are not looking to violate mitigation guides.
LanternWaste
(37,748 posts)E.g., the very things I spent the original stimulus check on during my furlough.
Happy Hoosier
(7,386 posts)Or maybe letting people actually position themselves for more actively participating in a recovery by allowing them to pay down debt. This isnt complicated.
I_UndergroundPanther
(12,480 posts)Check went to buying pants. I have lost a lot of weight and was swimming in the pants I had . If I put them on without a belt they'd drop on the floor.
If I didn't get that check I would not be able to afford 5 pairs of pants.
Secondly I got Othello a big cat tree. I had been promising him one for two years. He loves it.
Replaced my busted blender and toaster.
Bought some fresh art supplies.
Donated to Biden too.
I would have had to buy all that stuff piecemeal over several months because SSI is below the poverty line.
John Fante
(3,479 posts)Rorey
(8,445 posts)MoonlitKnight
(1,584 posts)The issues with PPP fraud and state unemployment system failures to deliver the aid show why trying to target funds has been and will be a failure.
The best solution is payments to everyone; directly, quickly, and over a prolonged period.
Happy Hoosier
(7,386 posts)It adds administrative costs, delays, and will inevitably miss people in need. I personally think its better to cast a broad net here.
sarcasmo
(23,968 posts)I_UndergroundPanther
(12,480 posts)Universal healthcare
It's time.
W_HAMILTON
(7,873 posts)Deuxcents
(16,330 posts)People will spend that money and businesses will benefit...sorta like reverse trickle down. If I get your intent...
I_UndergroundPanther
(12,480 posts)Autumn
(45,120 posts)is how it will work.
edhopper
(33,615 posts)in the OP.
Autumn
(45,120 posts)edhopper
(33,615 posts)But that was a responsible Administration.
Autumn
(45,120 posts)unemployment and store prices have jumped higher, but their wages are still the same.
Response to edhopper (Original post)
Autumn This message was self-deleted by its author.
bcbink
(69 posts)workers didn't take a hit??
I am a working LPN at a non profit. age 61.
We are so short staffed. We are stressed, tired, and the cavalry is not coming. We do not make $20. an hour.
And that is the nurses. So you figure what the rest of the staff is making.
We do get overtime, as much as we can stand. There are not enough of us.
This is health care in America.
You say you don't think I deserve the $35.30 I was given because you judge I was insufficiently hurt.
What do you imagine we do all day. All week. All month.
I will tell you
We hurt.
We hurt for the people we take care of, our family, our friends. Our feet hurt. Our hearts hurt. Our backs hurt.
$1200..
I was deployed to this assignment March 16.
Thank you for your kindness.
Bernadette
Metatron
(1,258 posts)bcbink
(69 posts)WhiskeyGrinder
(22,431 posts)If you make people jump through hoops or prove necessity, you lose people.
Vivienne235729
(3,384 posts)Yavin4
(35,445 posts)Give it to a food bank or a homeless shelter.
Hortensis
(58,785 posts)a more beneficial way to rescue local economies than other options, and many do, I won't contradict them.
If smart, concerned national politicians listen to smart economists and choose this among the possible actions as overall the best course, I won't second guess them either.
marybourg
(12,634 posts)but the only way to get the money into the economy quickly is the quick and dirty way way it was done last time. Theres no time to examine everyones financial condition. Everyone has their own story, as can be seen even in this thread.
myohmy2
(3,176 posts)...I thought stimulus checks were the best idea ever...
"No corporate bailouts!"
...they why putting money in our pockets is the best way to go...
Response to edhopper (Original post)
Autumn This message was self-deleted by its author.
PTWB
(4,131 posts)edhopper
(33,615 posts)less likely.
They will say it is a one time thing and when the pandemic is over we are back to deficit hawks.
Demsrule86
(68,667 posts)Response to edhopper (Original post)
pinkstarburst This message was self-deleted by its author.
Demsrule86
(68,667 posts)very little against each other.
Blue_true
(31,261 posts)The poster that you replied to made some reasonable points, but some bad ones also.
A person working at Walmart, for example, isn't unemployed, but also is not making a knockout salary. In the OPs line of reasoning, those people would be overlooked for any money, that is wrong. What I believe should happen is that everyone that filed tax returns within the last ten years and are still alive should get a one time stimulus check, including those that are unemployed, disabled or retired. People that want to work but are unemployed should get an additional weekly payout that is sufficient to meet the needs of a middleclass worker until they find work.
Demsrule86
(68,667 posts)package. But this is how it works... people are more interesting in dragging down their fellow man than in helping them to climb...
Response to Demsrule86 (Reply #66)
pinkstarburst This message was self-deleted by its author.
Demsrule86
(68,667 posts)And honestly a cushy pandemic check? Please stop. All you are doing is attempting to pit people against each other...we have the GOP for that.
doc03
(35,364 posts)I am sure others need help.
Blue_true
(31,261 posts)I would guess that you had a KEOGH or IRA that you paid into yearly. So your example is not the norm. Most people can use a one time $1200 check, and I believe the last ones really helped the overall economy. A person that doesn't need the money can simply give it to charities like Feeding America or to local foodbanks.
doc03
(35,364 posts)I have saved money, no eating in restaurants, concerts, no gym, no vacation to Florida and no fall vacation to the mountains.
But I will take it and give it to my two nieces. I gave a substantial amount of the last one to the Biden campaign.
Blue_true
(31,261 posts)doc03
(35,364 posts)Demsrule86
(68,667 posts)Wrong, everyone has been hurt in some way and the idea is to keep the economy going. I think a stimulus is essential...and the small business stuff was BS and was really abused.
Blue_true
(31,261 posts)went to large businesses. That is why the Trump Administration fought to keep that information under wraps, they KNEW that they were spending the money that Congress allocated in a corrupt fashion.
My view is that stimulus checks and federal unemployment checks kept small businesses afloat. Small businesses began to fail once stimulus checks stopped coming to people, then unemployment checks stopped.
Demsrule86
(68,667 posts)the first stimulus probably saved us from falling off a cliff. Also, some small businesses here in Cleveland survived due to the stimulus.
Blue_true
(31,261 posts)All observations that I have made indicate that it was important in saving the economy.
dawg
(10,624 posts)Many people didn't get them because they made too much money based on their 2018 or 2019 tax returns.
frazzled
(18,402 posts)They were fairly generous for the upper end (more should have gone to lowest income perhaps), but it was impossible to assess what individuals situations were for each of hundreds of millions of people. There are a million stories in the big city.
SINGLE OR MARRIED BUT FILING JOINTLY
You are eligible to receive the full payment if your adjusted gross income is below $75,000 and a reduced payment amount if it is more than $75,000 The adjusted gross income limit for a reduced payment is $99,000 if you dont have children and increases by $10,000 for each qualifying child under 17.
HEAD OF A HOUSEHOLD
You are eligible to receive the full payment if your adjusted gross income is below $112,500 and a reduced payment amount if it is more than $112,500. The adjusted gross income limit for a reduced payment is $136,500 if you dont have children and increases by $10,000 for each qualifying child under 17.
MARRIED FILING JOINTLY
You are eligible to receive the full payment if your adjusted gross income is below $150,00 and a reduced payment amount if it is above $150,000. The adjusted gross income limit for a reduced payment is $198,000 if you dont have children and increases by $10,000 for each qualifying child under 17
More detail at link
https://www.consumerfinance.gov/about-us/blog/guide-covid-19-economic-stimulus-checks/
Mr.Bill
(24,319 posts)is what is needed. It's called trickle-up economics, or the opposite of what republicans have been doing for four decades and have proven it doesn't work.
Iggo
(47,565 posts)I used my stimulus check to stimulate the local economy, which is what its for, and which is a good thing.
Blue_true
(31,261 posts)Next to unemployment checks, the universal stimulus checks was by far the best idea of the entire legislation. A second bill should definitely include them. They massively helped businesses, including small one stay afloat. Small businesses started to fail when McConnell put the brakes on more aid and both stimulus checks, then unemployment checks stopped coming to people.
aidbo
(2,328 posts)And how many people will be evicted or lose their home during that time?
And how many people will lose their job during that time?
And how many people will lose their health insurance because they've lost their jobs during that time?
And how much damage will be done to the economy because people do not have money to spend during that time?
It is much quicker, simpler and more feasible to simply send everyone ~$2k per month. That would make a huge difference to so, so many people. And for the people who do not need it, simply tax it.
fescuerescue
(4,448 posts)Even well to do families who didn't miss a paycheck will spend this extra money with stores and vendors who DO need the extra money.
Yavin4
(35,445 posts)We don't have the time to make sure that everyone who needs it, gets it. It doesn't save money. It leads to bureaucratic snafus, and some people who desperately need it, may fall through the cracks.
Whoever does not need it, then donate it to a food bank or a homeless shelter or just give to a grieving family.
Happy Hoosier
(7,386 posts)Is that its typically based on last years income, not how things are going now.
JonLP24
(29,322 posts)But other people do and the stimulus negotiations are resulting in a worse bill and we need to keep people out of poverty.
Think of the political implications. Democrats can't make the same mistakes they did during The Great Recession.