Talk to me about this stimulus bill

[s0me0nesmind1]

Been reported that the President doesn’t like this bill.
I suspect he will have more limits as to what the money can be spend upon & accounting as to where it goes.

I haven't seen that - and if anything the opposite?

He said he had “spoken to the president many times today; he’s very pleased with this legislation and the impact that this is going to have.”

 

[Fanatical Meat]

I haven't seen that - and if anything the opposite?

Radio guy but yes it was along the “People are saying” line

 

[Jhhnn]

Payroll tax cut... For employers only? GOP wanted it for both. So clearly DEMOCRATS killed that. Dumb.

People earning a paycheck don't need a tax cut. They don't have anywhere to spend it, anyway. It was a head fake from the GOP.

 

[s0me0nesmind1]

People earning a paycheck don't need a tax cut. They don't have anywhere to spend it, anyway. It was a head fake from the GOP.

And you think $1,200 is going to do jack shit for a pandemic that will last months minimum - and potentially for a year+?

 

[Uhtrinity]

Stimulus deal bars Trump's businesses from Treasury Department loans

President Donald Trump's family businesses are included in a category of companies barred from receiving certain kinds of aid from the Treasury Department to ease the economic impact of the novel coronavirus pandemic.

www.cnn.com

Looks like the Politicians are excluded, as they should be. Too bad Trump didn't follow precedent and put his business dealing in a blind trust.

"Will prohibit loans or investments from Treasury programs to be used to benefit businesses controlled by the President, the vice president, the heads of executive departments and members of Congress, according to a draft of the legislation. The prohibition extends to the children, spouses and in-laws of any of these government officials."

 

[dainthomas]

And you think $1,200 is going to do jack shit for a pandemic that will last months minimum - and potentially for a year+?

I don't, but republicans will never go for UBI.

 

[fskimospy]

And you think $1,200 is going to do jack shit for a pandemic that will last months minimum - and potentially for a year+?

That’s what the extended unemployment is for. I agree they should have put in something to direct larger payments to people who didn’t just lose their jobs too.

 

[Mai72]

Man. We are going to get MILLIONS!

Trump will never let us down! Will he?

 

[GoodRevrnd]

https://twitter.com/x/status/1242877676827836418

Anyone know the degree of truth to this? My understanding was the +$600 increases the *cap* on UI benefits, not that it would pay an additional flat $600 in UI benefits. So aside from the fact that you can't exactly game this and quit to get UI, I fail to see how anyone should come out ahead under this provision over working. And it primarily protects the middle class.

Senate Passes $2 Trillion Coronavirus Relief Package

The emergency relief package includes direct payments to Americans, expanded unemployment insurance, aid to large and small businesses, and significant funding for the health care industry.

www.npr.org

 

[s0me0nesmind1]

https://twitter.com/x/status/1242877676827836418

Anyone know the degree of truth to this? My understanding was the +$600 increases the *cap* on UI benefits, not that it would pay an additional flat $600 in UI benefits. So aside from the fact that you can't exactly game this and quit to get UI, I fail to see how anyone should come out ahead under this provision over working. And it primarily protects the middle class.

I've honestly never filed for unemployment in my life to even know the process... but on the face of it - I PRESUMED that the "added $600" was in regards to the cap of what they are willing to match based on what you were previously making with the employer?

 

[vi edit]

And it's such a petty argument. Trump has probably spent more in golf cart rentals than that would be abused for. But hey, go ahead and keep on class war-faring.

 

[s0me0nesmind1]

And it's such a petty argument. Trump has probably spent more in golf cart rentals than that would be abused for. But hey, go ahead and keep on class war-faring.

Is it really that weak though?

Poor americans in general move based on "path of least resistance". If you can increase your income (by hundreds) by simply getting unemployed, it does sound tempting no?

Obviously not if you have a decent job or whatnot, but if you work retail or fast food and can easily get another job, why would you not?

 

[vi edit]

You equate poor with lazy which is a false equivalence.

 

[dank69]

I've honestly never filed for unemployment in my life to even know the process... but on the face of it - I PRESUMED that the "added $600" was in regards to the cap of what they are willing to match based on what you were previously making with the employer?

I'm quite certain you cannot get more than you were making.

 

[zzyzxroad]

https://twitter.com/x/status/1242877676827836418

Anyone know the degree of truth to this? My understanding was the +$600 increases the *cap* on UI benefits, not that it would pay an additional flat $600 in UI benefits. So aside from the fact that you can't exactly game this and quit to get UI, I fail to see how anyone should come out ahead under this provision over working. And it primarily protects the middle class.

Senate Passes $2 Trillion Coronavirus Relief Package

The emergency relief package includes direct payments to Americans, expanded unemployment insurance, aid to large and small businesses, and significant funding for the health care industry.

www.npr.org

Can't have any low income workers gaming the system.

Leave that to the investor class.

I have had the unfortunate task of laying people off and none of them had any say in the decision making processe.

 

[zzyzxroad]

Is it really that weak though?

Poor americans in general move based on "path of least resistance". If you can increase your income (by hundreds) by simply getting unemployed, it does sound tempting no?

Obviously not if you have a decent job or whatnot, but if you work retail or fast food and can easily get another job, why would you not?

Fast food and retailers are primarily large corporations and the low level employees dont decide who is laid off.


This is Graham and company doing what they do best.

 

[fskimospy]

How are workers supposed to get themselves laid off?

 

[Dulanic]

So give corporations bailouts because they spent all their money on stock buybacks. But make furloughed people whole?!?! Fuck that! That's craziness!

If that doesn't show the goals of the GOP, nothing can.

 

[Dulanic]

How are workers supposed to get themselves laid off?

It's a strawman argument and total bullshit. Employers can fight unemployment.

Unemployment Benefits: How to Contest an Employee's Claim

Employers: Learn how and when you can contest an employee's unemployment benefits claim.

www.nolo.com

 

[fskimospy]

It's a strawman argument and total bullshit. Employers can fight unemployment.

Unemployment Benefits: How to Contest an Employee's Claim

Employers: Learn how and when you can contest an employee's unemployment benefits claim.

www.nolo.com

Right. If you quit you don't get UI. If you get yourself fired, you don't get UI.

The way you get UI is by involuntarily losing your job and so I'm kind of baffled as to how people are saying people will involuntarily lose their jobs on purpose.

 

[GoodRevrnd]

Guys, gaming the UI is moot anyway since you can't lay yourself off. At question is this $600 an increase to the maximum benefit or a fixed increase? I can't comprehend how it would be the latter, it makes no sense. Which means Graham and co are really getting worked up over nonexistent bullshit.

 

[ElFenix]

https://twitter.com/x/status/1242877676827836418

Anyone know the degree of truth to this? My understanding was the +$600 increases the *cap* on UI benefits, not that it would pay an additional flat $600 in UI benefits. So aside from the fact that you can't exactly game this and quit to get UI, I fail to see how anyone should come out ahead under this provision over working. And it primarily protects the middle class.

Senate Passes $2 Trillion Coronavirus Relief Package

The emergency relief package includes direct payments to Americans, expanded unemployment insurance, aid to large and small businesses, and significant funding for the health care industry.

www.npr.org

the main worry of many on the right is that people who don't have anything have too much.

 

[s0me0nesmind1]

You equate poor with lazy which is a false equivalence.

No, I'm really not. You're the one making the equivalence. It's not a rich, poor, OR lazy thing. It's a HUMAN thing. The majority of humans choose the path of least resistance in life.

They don't say "I have $200, let's try to build our own company!"

 

[brycejones]

Guys, gaming the UI is moot anyway since you can't lay yourself off. At question is this $600 an increase to the maximum benefit or a fixed increase? I can't comprehend how it would be the latter, it makes no sense. Which means Graham and co are really getting worked up over nonexistent bullshit.

It plays to their base and hearkens back to Reagan's welfare queens.

 

[s0me0nesmind1]

Right. If you quit you don't get UI. If you get yourself fired, you don't get UI.

The way you get UI is by involuntarily losing your job and so I'm kind of baffled as to how people are saying people will involuntarily lose their jobs on purpose.

UI is not based on "involuntarily" losing your job necessarily. Majority that are fired get unemployment. For something like retail, that's as simple as not showing up for a shift or 2.

Yes, I understand that if you openly quit a job then you wouldn't receive it.