LogFAQs > #956013089

See my problem with stimulus checks is they are not UBI and it's a temp solution that has negative long term consequences.

Specifically to those who are older, but are not super wealthy/have a ton of money saved up and are living on a fixed income.

While alot of the increases in cost have been due to covid, and hopefully they will go down again in the future (though that rarely seems to happen) the cost of living everywhere has seemed to skyrocket in the last year or so, and part of that is due to the unemployment stimulus checks etc. This has caused people to be able to pay more for rent, and therefore a higher demand for rentals, which due to the way things work in this country, it's increased the rental prices almost everywhere (they just were talking about this on the news in fact).

The cost of food has also skyrocketed due to covid (lack of workers, hacking meat plants etc), which is probably not going to go down soon either.

More stimulus checks mean more debt, which also means the money anyone elderly does have saved is worth less. This isn't a big deal for those who are well off or rich, and have plenty of money for retirement, but if all you have is a bit to suppliment social security with (which isn't nearly enough to even rent most places now...I'll be getting $1100 a month when I qualify for it in 10 years...if I'm alive....which I might not even be able to rent a room with by then).

IF they implement UBI and it's enough for you to actually live off, then that would be fine and i'm all for that, but there are to many people who are being squeezed harder and harder, who can't work anymore (I'm on the verge of that just because of my eyes), and don't have any other source of income to deal with the higher and higher cost of living.

So do UBI, or restrict the Stimulus checks more to only people who really need it, or SOMETHING, because just causing us to have more and more trillions in debt, devaluing the dollar and causing more competition for housing etc, is going to have VERY LARGE NEGATIVE repercussions for those on fixed incomes and just barely getting by.

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Tacobot 3000 "Saving the world from not having tacos."
Friends don't make their friends die Hanz. Psychopathic friends do.