Gub'mint checks!

[nipprdog]

OMG! If I read this correctly, they are getting $800 each, weekly? $80,000 a year?????

The $600 supplement is only through July 31

 

[churchmouse]

OMG! If I read this correctly, they are getting $800 each, weekly? $80,000 a year?????

Uh....can you do this math so we can all see it. Show your work.

 

[d.kaufman]

This is the thought behind the post, I'm assuming

$800 each weekly, so $1600

$1600
× 52
=$83,200.00

Just helping him out

But like posted above, the extra $600 per week doesnt last for the whole year, so it definitely wouldn't be that amount

 

[churchmouse]

This is the thought behind the post, I'm assuming

$800 each weekly, so $1600

$1600
× 52
=$83,200.00

Just helping him out

But like posted above, the extra $600 per week doesnt last for the whole year, so it definitely wouldn't be that amount

OK.
At 1st glance I wanted to see the math so I could do our checking accounts.

 

[Sigblitz]

If you see an essential worker, thank him.

 

[Karl-just-Karl]

I have mixed emotions on this socialist freebie, nothing is ever free when it come to politics, The politicians are buying your votes by doing this, who will end up paying for this financial burden in the long run, our children and grandchildren and even further!! What happened to the time when people saved for a financial crisis, yes people lost jobs, but that happens everyday, as to unemployment why give extra 600 dollars a week, at other times people laid off or lost there k
job was expected to deal with it with the normal unemployment. It is all a socialist agenda, give you a taste of the free stuff, then they hook you into socialism, then your country fails and you have nothing at all, is this what you all really want? not me, we haven't changed our filing as we pay taxes every year, i am retired and not drawing SSI as i am not old enough too, saved a lot of money to retire early, and am doing fine, did not lose anything in my 401k this time around kept it all in safe havens. I am sure there are those will argue my points, but look at the whole picture and you will see our politicians are failing us, and the left is taking control where they can!!!!

Sorry if this seemed to fall on deaf ears. I hear ya and I agree.

As soon as the Gub'mint started handing out the free bread the people started losing their indignation with big government.

As far as personal responsibility and saving money for the bad times...everybody has an excuse.

 

[dudley0]

I want to know how many people are saving the extra money for when it runs out instead of living the high life.

On a better note, I have two other tenants that are using the $1200 per person money to pay back rents or deposit money. That makes me feel a little better about society even though I still think it's a mistake to hand all that money out.

 

[Joniki]

OK.
At 1st glance I wanted to see the math so I could do our checking accounts.

And medics here in NE Indiana start at $13-15 an hour. This is definitely a screwed up mess...

 

[Karl-just-Karl]

I want to know how many people are saving the extra money for when it runs out instead of living the high life.

On a better note, I have two other tenants that are using the $1200 per person money to pay back rents or deposit money. That makes me feel a little better about society even though I still think it's a mistake to hand all that money out.

Honestly, I don't even know if I would consider it the high life. How many people can't pony up $600 cash in the event of an emergency? Sixty some-odd percent?

People will be spending that money in an attempt to maintain the course. Is that really the high life? I bet many don't think so.

What grinds on me is how many people scoff when asked if they have six months of reserves (includes rent/mortgage, utilities and food, transportation) expenses in the bank.

Most folks act as if it is an impossibility.

Will this situation change their minds? Nope.

How can or why should anybody save money when you can't take it with you and there are so many things to buy?

 

[DadSmith]

Enjoy the welfare. Soon to have $20 loaves of bread the way our Government is spending and printing dollars. The value of the dollar is getting lower and lower every time they do this. We might soon be cashing in dollars for Venezuelan bolívars if this kind of spending is the new normal.

 

[Kirk Freeman]

I don't get any Trump bux (I hope you are happy), but, IF I DID, I would dump it in my bridge fund (mutual fund that will cover between the date of my retirement to my mandatory age for cracking open my SEP fund).

If gun stuff, I'd be buying mags now, but I have a dump truck full of AR-15 mags and a freight car full of pistol mags. I do need SR-25 mags. So SR-25 mags and AR internal spare parts.

 

[PaulF]

I am just waiting on my paper check. I will deposit it electronically then frame it with DJT signature and hang it on the wall.

Mine didn't have the cool sharpie DJT signature, just some block text that read "ECONOMIC IMPACT PAYMENT" and "PRESIDENT DONALD J. TRUMP" just below it, like where the "memo" line would be on one of my personal checks.

I deposited it electronically (bank waived the fees for corona) and filed the check with my other 2020 receipts.

 

[HoughMade]

I don't get any Trump bux (I hope you are happy), but, IF I DID, I would dump it in my bridge fund (mutual fund that will cover between the date of my retirement to my mandatory age for cracking open my SEP fund)...

You plan on retiring?

What a novel concept.

 

[foszoe]

Well guess i find out now rather than when I open it.

Mine didn't have the cool sharpie DJT signature, just some block text that read "ECONOMIC IMPACT PAYMENT" and "PRESIDENT DONALD J. TRUMP" just below it, like where the "memo" line would be on one of my personal checks.

I deposited it electronically (bank waived the fees for corona) and filed the check with my other 2020 receipts.