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3 Things You Need to Know About Washington's Stimulus Plans

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Anonymous
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3 Things You Need to Know About Washington's Stimulus Plans

 
1) It's pretty much a done deal.
2) It's going to be pricey.
3) It might prevent a recession—or not.
Message 1 of 11
10 REPLIES 10
haulingthescoreup
Moderator Emerita

Re: 3 Things You Need to Know About Washington's Stimulus Plans

You know, I guess that there are X number of people out there who will use this money to go shopping, but after the scares everyone has gone through over the last 6-9 months, I think there will be a surprising number who use it either to pay down debt or sock it into savings.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
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Message 2 of 11
marty56
Super Contributor

Re: 3 Things You Need to Know About Washington's Stimulus Plans

Lets see a real tax cut and refund for the people who actually pay more then their far share of taxes.  The Democrates want this plan to help the poor people.  While I do believe we should help people who are truly in need, everyone knows that the welfare systems is comprised largely of people who know how to work the system and have little incentive to better themselves.
 
I know plenty of people (military, waitstaff) who work 2 jobs to feed their family who dont qualify for say a LoanStar card and probably wouldnt take it, yet I see people in line at the food store using it who look like they have been eating very good.
 
I plan to take any money the government gives back to me and either invest it or buy something I really could do on my budget.
1/25/2021: FICO 850 EQ 848 TU 847 EX
Message 3 of 11
Anonymous
Not applicable

Re: 3 Things You Need to Know About Washington's Stimulus Plans

Bread and circuses...this sort of thing goes all the way back to the Roman Empire. Bush and Co. got the bread right. I also think they should throw in vouchers good for par-per-view pro wrestling or a subscription to the NASCAR channel.

Keep the people fed, and keep them entertained...and you can do whatever.
Message 4 of 11
dizzier
Established Contributor

Re: 3 Things You Need to Know About Washington's Stimulus Plans



@marty56 wrote:
While I do believe we should help people who are truly in need, everyone knows that the welfare systems is comprised largely of people who know how to work the system and have little incentive to better themselves.





wow, what a generalization. that's a whopper!
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Message 5 of 11
Anonymous
Not applicable

Re: 3 Things You Need to Know About Washington's Stimulus Plans



@dizzier wrote:


@marty56 wrote:
While I do believe we should help people who are truly in need, everyone knows that the welfare systems is comprised largely of people who know how to work the system and have little incentive to better themselves.



wow, what a generalization. that's a whopper!


It's true. If even one person didn't get the memo, then the standard of everyone would fail.
 
Message 6 of 11
Anonymous
Not applicable

Re: 3 Things You Need to Know About Washington's Stimulus Plans

I don't think we will qualify for it but if we do its going into the bank.  We have already decided not to spend any money this year , except bills and groceries, ect.  No big purchases, we bought my desk and two new chairs and that is it.   Tks Vicki
Message 7 of 11
modernsurrender
Established Contributor

Re: 3 Things You Need to Know About Washington's Stimulus Plans



@dizzier wrote:


@marty56 wrote:
While I do believe we should help people who are truly in need, everyone knows that the welfare systems is comprised largely of people who know how to work the system and have little incentive to better themselves.





wow, what a generalization. that's a whopper!


While I too hate those kinds of generalizations, it is true, some people in the system don't do much to better their situation.  I would say "largely comprised" but that's just me.  The thing is, that IMHO the system discourages it.  I'm a single mother, 21, had to drop out of school to support myself, my son, and his father (he couldn't get/hold a job for more than a week).  I left him about a year ago.  I personally do get LoneStar benefits for food, and my son is on medicaid.  I made less than 9k last year because they said I can't qualify for childcare for my son so I could only work minimal hours. 
 
I work from home $9 an hour doing customer service over the phone/internet, so I worked when he slept, and I set up to have my mom watch him a few hours a day as well.
 
Initially when I went in to apply for foodstamps, I figured since I'm finally willing to admit I need help, I may as well get any help I can to help me provide for my son.  I attempted to get TANF (temporary assistance for needy families) and also to get medicaid for myself since the insurance from my work is overpriced and out of my range.  (It would literally eat 1/3 of my wages.)  I was told and I quote "I'm sorry you can't get anything other than foodstamps for yourself, because you have a job."
 
So perhaps it's not so much that they're abusing the system but it's more so that the system needs some major improvements?  I can't even tell you how many times I wished I would get fired so I could then qualify for actual government assistance and insurance, if that were the case I'm sure I'd be "making" far more than I am now...
 
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Message 8 of 11
jenkins
Frequent Contributor

Re: 3 Things You Need to Know About Washington's Stimulus Plans



marty56 wrote:
 
 
I know plenty of people (military, waitstaff) who work 2 jobs to feed their family who dont qualify for say a LoanStar card and probably wouldnt take it, yet I see people in line at the food store using it who look like they have been eating very good.


so true so true, I am going into my second year of service in the air force and the pay is not that great at all.  I have 2 kids and a wife who is forced to work min. hours because of my military schedule and even together we make barely enough to support ourselves.  I dont want to hear anymore of that crap about well we have to keep your salary inline with the cilivian sector who are only highschool graduates. Bull i dont see any of them putting on a uniform to defend their country and risk their lives.  No i wasnt drafted and no a judge didnt order me to join, i did it out of love for my country and to give my children a better life than I had why not pay us better for stepping up and signing our lives over to defend those people and can get out and get a job but chose not to because they found a way to work the system.
 
even my grandmother who raised me refused aid until she had no choice, i could have recieved benefits after she passed and i was on my own but didnt because i knew someone else needed it more than me so i went out and got a job.
 
 
so yea marty i know exactly what you mean hahaha, okay im done now

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Message 9 of 11
haulingthescoreup
Moderator Emerita

Re: 3 Things You Need to Know About Washington's Stimulus Plans

My dad was a career Army cardiovascular/ trauma surgeon, and when he retired, he was making less than I make now as a medical information specialist, and that was including jump pay and flight pay. Granted, passage of time and all that, but still. Same for my uncle, who was an MD/ public health hospital commander. They both died of service-connected conditions.

Civilians don't have a clue what the military is expected to do. None of us (in our two families) would have changed a thing, though.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Message 10 of 11
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