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Nobody in my family of 5 received a stimulus check. Many, many people did not. So it was not 330,000,000 who got a check. It was much lower than that.
But it was not a clean bill. Plenty of money went elsewhere.
I realize 330M did not get a $1,400 check, but I used the entire U.S. population to remove that element from the arguement. I went crazy high so the Libs couldn't argue the 26%.
No matter how you slice and dice the numbers, there is no way you can get to even 50% went directly to those in need. It was just anothr massive heist by the top 1%.
What happened to the billions we gave them last year?
I work at a college, and we have received CARES money and similar. That funding has allowed us to keep the doors open and avoid layoffs, so individuals have definitely benefitted.
We spent huge amounts of money on pandemic response. From relatively trivial amounts for new cleaning supplies, to much larger amounts for tech to allow courses to be held online. We also continued some courses/labs in person, but had to reconfigure classrooms, purchase additional equipment etc.
We are continuing to convert our physical plant to protect against the virus. HVAC systems are being modified to provide more circulation including more fresh air and less recirculated air. That costs a considerable amount in electricity to maintain habitable buildings. Once again, we need to invest in tech to convert classrooms to allow a combination of in person and online learning, where some students can be present and other watch remotely.
As with most schools, we had a decrease in enrollment, resulting in less revenue, and CARES act money helped bridge the gap so that we did not have to lay many people off, although we certainly did cut back on payroll. Colleges were not eligible for PPP, so CARES act filled that gap.
With all of that, we lost productivity as staff moved to a work from home model. Some staff got coronavirus, and that reduced productivity even more. That had an indirect cost, but a cost nonetheless. For our essential in-person faculty and staff, we still had to quarantine them as they contracted covid, or they were identified as at-risk because of close contacts. We had to hire temps or spend a lot of overtime to backfill these positions while the primary person was on sick leave.
Fee revenue was reduced considerably, because students were not on campus, so did not have to pay fees for services that they did not use. In some cases the cost to the college went down as well because we no longer had to provide the services, but in other cases there were ongoing costs that still had to be paid.
Our library had to purchase substantial amounts in new electronic subscriptions to support online learning. We also had to purchase many more licenses for a variety of software products.
We could have handled any one of these issues, including many others I did not list. But to address all of these issues and associated costs would not have been possible without additional funding.
All this funny money does is inflate the price of assets which make the rich more rich because they own most of them
Bingo! THIS is the problem: "it took from the founding of our county all the way to 2020 for M1 to reach 4 trillion dollars. But then from the start of the pandemic to today, M1 has gone from 4 trillion dollars to 18 trillion dollars."
It's a precursor by about 12-18 months of hyperinflation as too much liquidity chases the same amount of goods/supplies. People's wages, retirement savings, SS benefits, public assistance benefits, etc., won't be able to keep up.
There is no doubt the Pelosi Porkulus Package is anything close to being a COVID Relief bill. They spent billions on useless undeserving junk, and not one penny for border security.
The Democrats will not even acknowledge that there is (now) a crisis at the border that is entirely of their own making. What they've done is a disaster and they all should be held accountable and liable for the damage from their reckless irresponsible policies,
But I hear they will be issuing free masks upon entry.
I work at a college, and we have received CARES money and similar. That funding has allowed us to keep the doors open and avoid layoffs, so individuals have definitely benefitted.
We spent huge amounts of money on pandemic response. From relatively trivial amounts for new cleaning supplies, to much larger amounts for tech to allow courses to be held online. We also continued some courses/labs in person, but had to reconfigure classrooms, purchase additional equipment etc.
We are continuing to convert our physical plant to protect against the virus. HVAC systems are being modified to provide more circulation including more fresh air and less recirculated air. That costs a considerable amount in electricity to maintain habitable buildings. Once again, we need to invest in tech to convert classrooms to allow a combination of in person and online learning, where some students can be present and other watch remotely.
As with most schools, we had a decrease in enrollment, resulting in less revenue, and CARES act money helped bridge the gap so that we did not have to lay many people off, although we certainly did cut back on payroll. Colleges were not eligible for PPP, so CARES act filled that gap.
With all of that, we lost productivity as staff moved to a work from home model. Some staff got coronavirus, and that reduced productivity even more. That had an indirect cost, but a cost nonetheless. For our essential in-person faculty and staff, we still had to quarantine them as they contracted covid, or they were identified as at-risk because of close contacts. We had to hire temps or spend a lot of overtime to backfill these positions while the primary person was on sick leave.
Fee revenue was reduced considerably, because students were not on campus, so did not have to pay fees for services that they did not use. In some cases the cost to the college went down as well because we no longer had to provide the services, but in other cases there were ongoing costs that still had to be paid.
Our library had to purchase substantial amounts in new electronic subscriptions to support online learning. We also had to purchase many more licenses for a variety of software products.
We could have handled any one of these issues, including many others I did not list. But to address all of these issues and associated costs would not have been possible without additional funding.
Why must private business freeze/cut pay and reduce headcount whenever necessary to survive, but not the education industry?
go for it, you might get it up to 36% intead of 26%, so it would still be a massive heist.
Ok add in the extra 1000-1600 tax credit for each child. There are 74 million children in the us. Let’s average to 1200 per child x 50 million eligible children. That’s 6000000000 if my math is correct.
Just 26% of the Democrat stimulus went directly to those in need
I’ve read in many places that the amount was 9% to those in need, Covid related.
Thing is, the Leftists have their own definition of “those in need”.
For them, the “need” is to pay off their Donors, so the Donors can Launder Money back to the Socialist Democrats.
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