Quote (Ghot @ 11 Apr 2020 16:27)

OK, here is the form for those that don't normally file a tax return and don't have direct deposit set up.

***READ the directions carefully, a few times. Filling out this form when not necessary, could delay your Stimulus Check.***



https://www.freefilefillableforms.com/#/fd/EconomicImpactPayment




/e More Info...

Scroll down for the latest updates...

https://www.businessinsider.com/personal-finance/wheres-my-stimulus-check-when-payments-are-coming-2020-4

Quote (camopk @ 15 Apr 2020 14:42)

Except there is virtually no oversight and nothing in the bill that forces them to pay or keep employees.

https://www.washingtonpost.com/national-security/trump-removes-inspector-general-who-was-to-oversee-2-trillion-stimulus-spending/2020/04/07/2f0c6cb8-78ea-11ea-9bee-c5bf9d2e3288_story.html
https://www.businessinsider.com/coronavirus-oversight-panel-one-person-policing-bailout-fund-government-congress-2020-4

There is also nothing that prevents corporations from using the money to do stock buybacks, which is why companies are struggling to begin with. Stock buybacks are basically a way to puff up their own stock in order to please shareholders. When companies do these buybacks, they deprive themselves of the liquidity that might help them cope when sales and profits decline in an economic downturn.
https://www.vox.com/2018/8/2/17639762/stock-buybacks-tax-cuts-trump-republicans

Stock buybacks happen time and time again. Take the recent Tax Cuts And Jobs Act of 2017 as an example. That was a huge handout to the corporate sector, and all of those corporate tax breaks went towards doing stock buybacks instead of doing something that would benefit workers. For some companies, this can leave them strapped for cash and even result in soaring corporate debt.
https://apnews.com/438fae12f9204b1fbd8e8b1985ae554f
https://hbr.org/2020/01/why-stock-buybacks-are-dangerous-for-the-economy

Money in people's pocket is an effective form of demand-side stimulus. Corporate tax cuts and bailouts don't necessarily save jobs or spur investment, especially in this administration, where there is little oversight. The response from the government has been freebies for the corporate sector, and hardly anything for workers. This is not all surprising in America, where coddling of the corporate sector and supply-side economics has been the status quo for over 40 years.

Quote (NinjaSushi @ Apr 15 2020 12:33pm)

Well that is silly. lol Just take it out and pay me 1.4k.



n2b?

Quote (NinjaSushi @ Apr 15 2020 03:50pm)

They need to let the economy back to work before it tanks.

Quote (camopk @ 15 Apr 2020 17:56)

it's important that people stay home these next few weeks, but after that some states might start to reopen slowly
it depends on the state though, so NY for example isn't going to be reopening any time soon

Quote (NinjaSushi @ Apr 15 2020 11:10pm)

That's true. But also if the economy doesn't get started, we'll hit a depression again. We lost 6% of our GDP back during the great depression. We're about to lose 6% of our GDP over Corona virus.

Who here thinks Gina engineered that shit?

Quote (yupitsmeh @ Apr 15 2020 10:35pm)

Economy is fine people have been spending

Shelves are empty for many different type of products
From tp to electronics
Its just another media scare along with everything else

Just small businesses were forced to close because states closing non essential ones
This is why i made the small business comment

Stock market shouldn't dictate the economy
This is something we were trying to change when it crashed like 15 yrs ago

Quote (Halfdead14 @ Apr 16 2020 04:33am)

22M filed for unemployment
Global Pandemic highly contagious, way more than initially thought.
No vaccine for at least 16 months, if they even prove to be effective (virus is mutating) and safe
commonly prescribed medications (ACE Inhibitors) seem to cause worse symptoms in those who take them


https://doi.org/10.1101/2020.02.07.20021154
Initially, the basic reproductive number, R0, was estimated to be 2.2 to 2.7. Here we provide a new estimate of this quantity. We collected extensive individual case reports and estimated key epidemiology parameters, including the incubation period. Integrating these estimates and high-resolution real-time human travel and infection data with mathematical models, we estimated that the number of infected individuals during early epidemic double every 2.4 days, and the R0 value is likely to be between 4.7 and 6.6.

Quote

This article is a preprint and has not been peer-reviewed [what does this mean?]. It reports new medical research that has yet to be evaluated and so should not be used to guide clinical practice.

Quote (Halfdead14 @ 16 Apr 2020 03:33)

22M filed for unemployment
Global Pandemic highly contagious, way more than initially thought.
No vaccine for at least 16 months, if they even prove to be effective (virus is mutating) and safe
commonly prescribed medications (ACE Inhibitors) seem to cause worse symptoms in those who take them


https://doi.org/10.1101/2020.02.07.20021154
Initially, the basic reproductive number, R0, was estimated to be 2.2 to 2.7. Here we provide a new estimate of this quantity. We collected extensive individual case reports and estimated key epidemiology parameters, including the incubation period. Integrating these estimates and high-resolution real-time human travel and infection data with mathematical models, we estimated that the number of infected individuals during early epidemic double every 2.4 days, and the R0 value is likely to be between 4.7 and 6.6.