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Bunch of idiots running the Country - $600 pays for nothing and many people over the $75K threshold are struggling but will get nothing. $300 weekly enhanced unemployment benefits for a lousy 11 weeks is also pretty useless - minus taxes - that barely supports a weekly food bill for a family whose breadwinner won't even qualify for the $600 - presuming 1 employed and 1 unemployed adult in the household. MONTHS of these idiots debating this - and the most needed provisions - extension of loan repayment and loan forgiveness - not even addressed, with no money for state and local governments. Means more layoffs, more loan defaults and zero assistance to senior citizens - they are not even addressed. So who got all the money? Foreign aid to Sudan did very well. Asia got money (thanks for Covid by the way) and so did the Ukraine and Nepal. They got 4.7 billion dollars. We got nothing. It is our money. Maybe we should just open up a small business - those are the only ones that seem to have made out in the deal. Of course, you need to be a politically connected business owner to actually see any of the money - but hell - that's why all those political donations pay off.
There are always winners and losers.
Your math is wrong. A family (MFJ) would get 1200 plus 300 per child = More than 600 as you stated. So your family with 2 children would receive $1800.
And you are incorrect in that it is tax exempt that is the net amount, no taxes taken.
And you are incorrect in there is a benefit of a loan forbearance for student debt, no Interest accrued.
And you are incorrect in that seniors are eligible and will likely receive a check, assuming they meet the criteria.
Also, please use paragraphs for easier reading.
I'm retired and ski 100 days per year or thereabouts.
There are lots and lots of 20- and 30-something ski bums here in Park City say they are more than happy to be paid not to work; that way they can ski as much as I do.
Bunch of idiots running the Country - $600 pays for nothing and many people over the $75K threshold are struggling but will get nothing. $300 weekly enhanced unemployment benefits for a lousy 11 weeks is also pretty useless - minus taxes - that barely supports a weekly food bill for a family whose breadwinner won't even qualify for the $600 - presuming 1 employed and 1 unemployed adult in the household. MONTHS of these idiots debating this - and the most needed provisions - extension of loan repayment and loan forgiveness - not even addressed, with no money for state and local governments. Means more layoffs, more loan defaults and zero assistance to senior citizens - they are not even addressed. So who got all the money? Foreign aid to Sudan did very well. Asia got money (thanks for Covid by the way) and so did the Ukraine and Nepal. They got 4.7 billion dollars. We got nothing. It is our money. Maybe we should just open up a small business - those are the only ones that seem to have made out in the deal. Of course, you need to be a politically connected business owner to actually see any of the money - but hell - that's why all those political donations pay off.
The $600 and $300 payments are not designed to let a family live a middle class life. The point of the stimulus payments is to help people who are about to fall off the edge and buy them some more time to find a job without being totally homeless and hungry in the meantime. The payments are also useful for households that were previously two-income households and now have only one income and are behind on some bills.
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