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TopicRestricting the stimulus based on an arbitrary income is stupid
whitelytning
02/05/21 11:09:59 AM
#19:


Giant_Aspirin posted...
i understand. i also understand that not every household with my income level is able to save the way i am, my situation is fortunate.

but, really, do you think $1400 will make much difference to households making $100k/year per person or more?

and they've always done that

I haven't received either of the 2 stimulus checks because I am fortunate to make more than the prior limits. However, I somewhat agree and disagree with what you are saying. I don't need the $1400, and it wouldn't make a difference in whether I ate or paid mortgage, but it would effect me in that I would be more likely to spend it on dumb shit, a weekend trip, car, or invest it.

I think, if the point is to spur the economy than they should be giving it to more people than they are. If the point is to help people that need it, than they should give more $ to fewer people.

One time payments of $600 or $1400 isn't going to help the people that lost their jobs or closed their businesses get by for very long. It's going to mostly be injected into the larger economy to keep everything from collapsing but there are still underlying conditions that it doesn't really address.

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