Massive Stimulus Package For Americans Proposed

Gary O' said:
Rent, mortgage, utilities be damned until I could get back to work
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I think a lot of people are thinking that way.

And how are people supposed to make their mortgage payments if they can't work through no fault of their own? Our utility company is suspending shut offs due to non-payment for several months. Why aren't banks doing the same?

Sending people money doesn't go far enough without other measures in place.
 

If they want to treat this like a war they should consider selling war bonds just for this stimulus leaving existing tax revenue for original purposes. They could even get celebrities to do bond tours.
 
WhatInThe said:
They could even get celebrities to do bond tours.
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oldman said:
That was my argument in post #11. If anyone is still working, why would they receive any gov’t money? Those laid off, I agree. Even anyone considered in poverty level should be helped, but that’s it. You have a job, you are being paid, that’s enough.
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I just heard this morning that there was an increase in the unemployment rate of 500% in one of the states...Michigan I think. Here's an article that predicts a "swift and dramatic" rise in unemployment in the U.S.
https://www.cnbc.com/2020/03/19/gar...e-massive-unemployment-very-very-quickly.html
 
On the other side of the unemployment coin, I saw where Amazon is hiring 100,000 people to handle the increase in online shopping. Several local grocery stores are advertising for stockers, checkers... all positions. So there are new jobs being created in this temporary mess.
 
C'est Moi said:
On the other side of the unemployment coin, I saw where Amazon is hiring 100,000 people to handle the increase in online shopping. Several local grocery stores are advertising for stockers, checkers... all positions. So there are new jobs being created in this temporary mess.
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At minimum wage no doubt which no one can live on.
 
The home delivery service should be hiring like crazy.

We had a delivery by FEDEX yesterday. I walked out on the porch as she was setting the package down. She saw my grey hair and quickly ran back to the safety of her truck. LOL I never figured that I would be "dangerous" at the age of 77.
 
Pecos said:
The home delivery service should be hiring like crazy.

We had a delivery by FEDEX yesterday. I walked out on the porch as she was setting the package down. She saw my grey hair and quickly ran back to the safety of her truck. LOL I never figured that I would be "dangerous" at the age of 77.
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The carriers have put special rules in place to protect their drivers. They are even foregoing the "signature required" on some packages so that the driver can maintain a safe distance. Smart thinking IMO.
 
Everyone seems to have their own opinion on what should be done to help.

One poster on another website suggested that mortgage payments should be allowed to skip for three months without penalties or interests. At first I thought that would be helpful, but then I thought that would not help people that rent. It would be unfair to expect a landlord, most of them small time landlords, to let tenants skip three months of rent.
 
Catlady said:
Everyone seems to have their own opinion on what should be done to help.

One poster on another website suggested that mortgage payments should be allowed to skip for three months without penalties or interests. At first I thought that would be helpful, but then I thought that would not help people that rent. It would be unfair to expect a landlord, most of them small time landlords, to let tenants skip three months of rent.
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One of my BFFs was just telling me today that she's afraid her tenant is not going to be able to pay her and she's already cash strapped having lost her full time job recently.
 
Gary O' said:
If it were me, and I was out of work, and my kids were home, and this COVID-19 mess was so unresolved.....
I'd make sure we had food and warmth with that money
Rent, mortgage, utilities be damned until I could get back to work
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You would be so surprised at what some people will buy. I lived on the outskirts of Memphis during Katrina. Our church didn't have facilities to lodge people, but we did provide two meals a day for people staying in motels and campgrounds. A few evacuees bought things like Louis Vuitton purses with their disaster money. No idea when they'd have a home again, and that was the priority.
 
AnnieA said:
You would be so surprised at what some people will buy. I lived on the outskirts of Memphis during Katrina. Our church didn't have facilities to lodge people, but we did provide two meals a day for people staying in motels and campgrounds. A few evacuees bought things like Louis Vuitton purses with their disaster money. No idea when they'd have a home again, and that was the priority.
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If I get any $ it will either go into my stock account to buy more stocks or to my emergency fund savings. Probably the first. LOL
 
C'est Moi said:
In my life, those workers have always been more important. ;) And isn't it a shame that the athletes, actors and musicians are the ones getting priority TESTED for the virus whether they have symptoms or not?
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YES! Like they always said "Money talks...BS walks". Now that that practive has been called out, hopefully it will change so those who need the tests most will be the ones who get them.
 
Pepper said:
In your area, @OneEyedDiva, I'm pretty sure I heard eviction motions will be postponed for 3 months.
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Pepper, so much information is coming in day by day. I haven't seen that on any of the N.J. news sites I visited but I did hear something about it (just don't remember if it was in N.J.). People who are out of work through no fault of their own should be given a break, but landlords do need to be paid so they and their families can survive. It's quite a conundrum.
 

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