Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
OK, that applies to people on "furlough" who worked for businesses that can reopen. But what all the businesses that failed? why would a clerk (who had formerly worked for a business that never reopened) look for a new job earning $400 a week, when he/she can stay home and earn $800 week all the way to August? Many people stay home on UE until they know it's about to run out, and that's when UE is HALF their income. Imagine it now when UE represents TWICE their income.
Or they could find themselves hooked up to a ventilator or dead. There`s nothing smart about it.
The percentage of people in their 30s/40s who end up on a ventilator or dead is miniscule. They are more likely to be killed on the drive into the office. But you're not clamoring for them to give up their cars.
The percentage of people in their 30s/40s who end up on a ventilator or dead is infinitesimal. They are more likely to be killed on the drive into the office. But you're not clamoring for them to give up their cars.
Like it or hate it the following is only my opinion:
Brilliant!
My wife and I were talking about this yesterday or sort of. We used to rent a house to a couple that were both disabled and lived off the states welfare system. They never had a worry because all their bills were paid unlike most of us that have suffered during this crisis with no money coming in. Those on welfare and disability never have a worry about their next check unlike people that have worked all their lives and are worried that the Government is going to cut back on their social security.
People are lazy by nature and if the Government is going to pay you to stay home why would you go back to the grind?
The people on the lower rungs - waitresses, retail clerks, etc. - were accustomed to earning around $10/hr (or $400) a week. (PLENTY of people in this country make $25,000 a year or $50,000 a couple; in fact, I think the average HHI is only around $60K.) But now? They are getting an income TWICE what they had been to stay home. That's because UE is usually around half one's earnings (with a cap as you move into the middle class), meaning they would get the $200 UE payment plus the "Stay-at-home" extra of $600 a week (!!), triple their UE payment and translating to an unemployed income of $800 a week, or around $3400 a month, or $41,000 annualized.
(If it's a couple, they now are seeing money come in at a rate that equals MORE than $80,000 a year. Especially if there are no kids, that's a pretty comfortable living - especially beyond the high-COLA cities.)
NOW....let's say the economy opens in certain parts. WHO in the world is going to agree to stand on their feet all day, working a job that requires no more than a HS education, when they can stay at home - all the way to August (!!) and earn double their salary?
Thus, the economy can "open," but all those who had earned less than $40,000 a year (which is a HUGE percentage of the country) will not want to actually work for a living until August. If they did so, their income would be drop by as much as half.
Why are they getting an extra 600/week is my question. Just up the UE to 75 or even 100% of what their normal earnings would be. To much work for the government employees I suspect.
The people on the lower rungs - waitresses, retail clerks, etc. - were accustomed to earning around $10/hr (or $400) a week. (PLENTY of people in this country make $25,000 a year or $50,000 a couple; in fact, I think the average HHI is only around $60K.) But now? They are getting an income TWICE what they had been to stay home. That's because UE is usually around half one's earnings (with a cap as you move into the middle class), meaning they would get the $200 UE payment plus the "Stay-at-home" extra of $600 a week (!!), triple their UE payment and translating to an unemployed income of $800 a week, or around $3400 a month, or $41,000 annualized.
(If it's a couple, they now are seeing money come in at a rate that equals MORE than $80,000 a year. Especially if there are no kids, that's a pretty comfortable living - especially beyond the high-COLA cities.)
NOW....let's say the economy opens in certain parts. WHO in the world is going to agree to stand on their feet all day, working a job that requires no more than a HS education, when they can stay at home - all the way to August (!!) and earn double their salary?
Thus, the economy can "open," but all those who had earned less than $40,000 a year (which is a HUGE percentage of the country) will not want to actually work for a living until August. If they did so, their income would be drop by as much as half.
people that can't see beyond August are not the best and brightest. It's what the government does when there's a problem, throw massive amounts of money at it.
Or they could find themselves hooked up to a ventilator or dead. There`s nothing smart about it.
Fear-mongering due to your political bent is not an attractive position.
For younger people, the odds of serious illness or death from Covid are very very very low. Now if they live with elderly grandparents or a sibling with lung problems then that's a different story.
They're much more likely to die driving to work or shot in a robbery etc.
The people on the lower rungs - waitresses, retail clerks, etc. - were accustomed to earning around $10/hr (or $400) a week. (PLENTY of people in this country make $25,000 a year or $50,000 a couple; in fact, I think the average HHI is only around $60K.) But now? They are getting an income TWICE what they had been to stay home. That's because UE is usually around half one's earnings (with a cap as you move into the middle class), meaning they would get the $200 UE payment plus the "Stay-at-home" extra of $600 a week (!!), triple their UE payment and translating to an unemployed income of $800 a week, or around $3400 a month, or $41,000 annualized.
(If it's a couple, they now are seeing money come in at a rate that equals MORE than $80,000 a year. Especially if there are no kids, that's a pretty comfortable living - especially beyond the high-COLA cities.)
NOW....let's say the economy opens in certain parts. WHO in the world is going to agree to stand on their feet all day, working a job that requires no more than a HS education, when they can stay at home - all the way to August (!!) and earn double their salary?
Thus, the economy can "open," but all those who had earned less than $40,000 a year (which is a HUGE percentage of the country) will not want to actually work for a living until August. If they did so, their income would be drop by as much as half.
The working poor will suffer the worst health and economic effects of COVID-19! Are you getting a lot of reps for kicking them when they are down?
Trying to resurrect the one size fits all arrogant, cruel, condescending and unfair smear of welfare queen campaign from the Reagan years, are we? Is there any topic or issue you won't seize in an effort to crow about your perceived superiority?
This thread actually made me nauseous.
Last edited by corpgypsy; 04-14-2020 at 07:53 AM..
The people on the lower rungs - waitresses, retail clerks, etc. - were accustomed to earning around $10/hr (or $400) a week. (PLENTY of people in this country make $25,000 a year or $50,000 a couple; in fact, I think the average HHI is only around $60K.) But now? They are getting an income TWICE what they had been to stay home. That's because UE is usually around half one's earnings (with a cap as you move into the middle class), meaning they would get the $200 UE payment plus the "Stay-at-home" extra of $600 a week (!!), triple their UE payment and translating to an unemployed income of $800 a week, or around $3400 a month, or $41,000 annualized.
(If it's a couple, they now are seeing money come in at a rate that equals MORE than $80,000 a year. Especially if there are no kids, that's a pretty comfortable living - especially beyond the high-COLA cities.)
NOW....let's say the economy opens in certain parts. WHO in the world is going to agree to stand on their feet all day, working a job that requires no more than a HS education, when they can stay at home - all the way to August (!!) and earn double their salary?
Thus, the economy can "open," but all those who had earned less than $40,000 a year (which is a HUGE percentage of the country) will not want to actually work for a living until August. If they did so, their income would be drop by as much as half.
If I'm not mistaken, this very point was brought up with the stimulus package was first addressed, and that is why so many Republican senators voted against it. (And I was against it, also.) However, as you know, it was thought that it was better to pass some immediate relief and not worry whether some people would actually benefit more from staying home than going back to work before the extra $600 a week ran out.
Anyway, as a result of this, I truly do think that "mall-type" shopping is not going to get back to normal until early September even if the country does get back to close to normal in June or July, but, honestly, I wonder if that might help to keep 'the numbers' low because many of the places where people congregate in crowds -- stores, sporting events, amusement parks, and movie theaters -- are all places that employ low-income people as cashiers, clerks, ticket takers, and counter help. So even though some people might benefit more from being unemployed than working might be worth it -- and when you combine that with the fact that schools will almost certainly be closed until the new school year in August or September, maybe our government leaders actually did the smart thing, even though retail and tourism might suffer for it, at least for four more months or so.
Of course, most of this is simply conjecture on my part!
Last edited by katharsis; 04-14-2020 at 08:12 AM..
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
