• We’re currently investigating an issue related to the forum theme and styling that is impacting page layout and visual formatting. The problem has been identified, and we are actively working on a resolution. There is no impact to user data or functionality, this is strictly a front-end display issue. We’ll post an update once the fix has been deployed. Thanks for your patience while we get this sorted.

Talk to me about this stimulus bill

Page 6 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.
Fanatical Meat said:
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.
Click to expand...

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.”
Click to expand...
 
www.cnn.com

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 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."
 
s0me0nesmind1 said:
And you think $1,200 is going to do jack shit for a pandemic that will last months minimum - and potentially for a year+?
Click to expand...

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.
 
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.
www.npr.org

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 www.npr.org
 
Last edited:
GoodRevrnd said:
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.
Click to expand...

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?
 
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.
 
vi edit said:
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.
Click to expand...

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?
 
s0me0nesmind1 said:
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?
Click to expand...
I'm quite certain you cannot get more than you were making.
 
GoodRevrnd said:
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.
www.npr.org

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 www.npr.org
Click to expand...

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.
 
Last edited:
s0me0nesmind1 said:
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?
Click to expand...
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.
 
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 said:
It's a strawman argument and total bullshit. Employers can fight unemployment.

www.nolo.com

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 www.nolo.com
Click to expand...
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.
 
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.
 
GoodRevrnd said:
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.
www.npr.org

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 www.npr.org
Click to expand...

the main worry of many on the right is that people who don't have anything have too much.
 
vi edit said:
You equate poor with lazy which is a false equivalence.
Click to expand...

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!"
 
fskimospy said:
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.
Click to expand...

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.
 
You must log in or register to reply here.

TRENDING THREADS

Back
Top