Quote (SBD @ Jul 28 2020 12:18pm)

Wait. Do you just get stimulus cheques even if you didn't lose your job as a direct result of the virus?

If that is the case wouldn't or shouldn't it get clawed back if you make above a median level of income?

I don't give much attention to the USA's stim plan.

Quote

Grant businesses, hospitals, churches, etc. protection from liability for covid infections

Quote (Thor123422 @ Jul 28 2020 11:49am)

Everybody will get stimulus, likely as long as you make less than 75k/year like last time.

Then if you lost your job you get more money from the increased unemployment benefits. The current Dem plan is to extend the additional $600/week, and the Republican plan is to extend it at $200/week.

The stimulus is just that, a stimulus. They want you to spend and boost the economy because there's super low activity right now.

The unemployment is so people can keep paying rent and utilities and we don't end up in a homeless crisis.

Quote (SBD @ Jul 28 2020 10:50am)

Okay, so there is a threshold that makes you ineligible at least...

Peoples stim cheques appear to be going into Robinhood.

Quote (thesnipa @ Jul 28 2020 12:15pm)

military payout is odd, as well as farmer stimulus.
farming especially, given that it's never shut down and social distancing is easily done so they dont require many changes. that and in a food shortage futures on all crops/livestock was already up.
stim check, meh, ok ill take it.
as to liability, i dont like that morally, but legally it would be a nightmare for courts to settle as many disputes as people would raise. only people who win there are the lawyers, as not many cases would win.
overall tho, just another band aid fix with a not so bright future with regards to cases. all heading into election time.
never did i think i'd see the day when a president would end around the CDC, whether you think this is foul play by POTUS or the CDC doesn't matter. we're in some bleak times.

Quote (inkanddagger @ Jul 28 2020 11:52am)

Our stimulus check was for $50.34 lol.

Quote (SBD @ Jul 28 2020 01:41pm)

What a miserable system and precedent.

In Canada for instance if you become unemployed as a result of being laid off (cannot be dismissal for misconduct) you are eligible for employment benefits if you meet certain criteria like you have worked 400 hours in the year. If you make above a threshold set every year by the Canadian Gov't any EI above that amount will be clawed back on your income tax return so there is no benefit to applying unless its purely for cash flow timing since its all getting paid back. I believe that threshold is around 63K of taxable income this year (EI is included in taxable income). If that didn't exist it would be easily exploitable by those who don't need it and seasonal workers who would just claim they were laid off for the season and they could claim EI for the rest of the year.

Our CERB benefit which is our COVID-19 benefit is limited to those who have been dismissed or lost the majority of their income as a direct result of COVID-19. Specifically if you lost your job or make less than $1,000 in a four week period as a result of COVID. If you earn more than $1,000 in a four week period you are not eligible for CERB.

I, someone who makes 4x the average Canadian earnings would never expect to be given any type of benefit. It would be abusive to our system. I have one group of individuals who are all high earners that I frequently toss ideas around with, not one person has ever complained.

Its amazing the society differences based on precedents we set. The contrast of attitudes between American high earners , if what you say is reflective of the average high earner, and the attitudes of a Canadian high earner.

Quote (Thor123422 @ Jul 28 2020 12:52pm)

I believe military is so they can spend to increase safety on the bases.

I don't understand farms either.

Liability cases would all get thrown out unless there's gross negligence on the part of the employer, so I don't necessarily think it's gonna be an issue going forward. Most will not get filed and the ones that do will likely get thrown out as frivolous before getting close to trial. My mother's work was going to try to make them pay 1$/day for masks after getting a 100k loan from the first stimulus. That shit got shut down real fast when she called the owner and said she would be consulting with a lawyer.

I don't think this stimulus will do much for the economy. I think any stimulus should include student loan deferment since that's basically a cost-free way to increase economic activity. Yes, I do personally benefit from it, but still.

Quote (SBD @ Jul 28 2020 10:53am)

You probably shouldn't get any, if I recall your salary is 125K per year.

Any high income earner is not likely to further stimulate the economy using additional federal funds. You already have sufficient funds budgeted for the year more than likely and would not step outside of that due to a small stimulus boost.

Quote (inkanddagger @ Jul 28 2020 02:45pm)

No, no, I'm a pale pasty privileged librul who lives in my momma's basement.