$1000 for each adult

[Nickchick]

Originally Posted by boneyard1962

So when you get your income tax return to you hurry over to low income housing and drop money in each mailbox? Why not? Just because they didn't work and earn a pay check doesn't mean that they aren't struggling. Their life is poppies and rainbows?

I'm not really saying that or even just talking about people who don't work. If someone is struggling prior to the virus they shouldn't get help at all? They deserve to struggle some more?
I get that the shut down equals more money required to dish out and we don't have unlimited funds but we don't necessarily have to give out money to each individual in that case and just spend it on creating more jobs for more people to be able to obtain and do. That way the money eventually comes back.
The issue I have is that it took a shutdown to cause people to want to do anything for low income people that didn't require restrictions that hurt well meaning people so some people are likely already owed help/money.

[2sleepy]

Originally Posted by boneyard1962

Nope. It means the virus isn't what caused their light in life. In short not impacted, they shouldn't benefit from it. Save the cash for those actually were hurt by it.

So when you get your income tax return to you hurry over to low income housing and drop money in each mailbox? Why not? Just because they didn't work and earn a pay check doesn't mean that they aren't struggling. Their life is poppies and rainbows?

Look we can't save the world but we should at least focus on those who the shutdown hurt.

You logic would be spend money on industries that weren't impacted right along with those that were. That feel good mentality makes for bad decision making when we are talking money.

For this to make sense you would need to understand the money isn't being given out as a reward for work, it's to get money moving back into the economy. Economists sometimes use the example of the great depression. It wasn't the war that brought us out of the depression, it was government spending that filtered down to wages for the middle class who became voracious consumers.

If it were to reward work the amount wouldn't scale down after 75k, it's clear that people earning more than that work hard too. They decided on that figure because they calculated that people earning more won't spend as much of the stimulus money as do lower income people.