The 2000 dollar stimulus check is in the works

Jeweltea said:
Yes but less because he is one. The latest one he would have got $600. A married couple got $1200.
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ahhhh, right, the light is shining..🤓. i thought from what I was reading here, that every adult person earning under $75k in the USA was getting a 2K cheque..and some more than once
 

Pepper said:
Money in the economy moves the economy.
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that's exactly why there's a huge chance of our country going bankrupt when the pandemic is all over.

Thousands of jobs lost, companies gone bust .. so no money being paid in taxes into the economy, all the non essential stores closed , the restaurants, bars., cafe's pubs..gyms, leisure centres, all closed... wedding venues only 6 people allowed to attend.. none of those things creating money for the economy, and in the meantime the govt is paying out billions of pounds in Furlough payments and unemployment benefits ..and that's before we take into consideration the cost of the C-19 vaccine, et al...
 
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Jeni said:
We really cant afford it ... but any fiscal responsibility went right out the window in the states ....

many states lost tons of money to fraud in this whole thing as well .... some one filed for unemployment with my previous name/ address in a city i had not lived for 6 years ....... lucky i was alerted and filed a fraud claim even though a simple check of my SSN would have shown i am working and thus paying into unemployment ........... 300 miles away from that address .....
:mad:My state lost 650 million only recovered about 300 million of that ( governor wanted to skip the standard verification to get money out fast and most went to fraud) ......... all these programs will need to be paid for so most taxes will be jacked up in the next decade to pay for the insanity.

:)but good news is our grandchildren and their children will get to pay for this!

We qualify for the payments but were somehow missed last time although the IRS had no problem processing our taxes and cashing our check for some owed ......
I am not holding out hope we will get one now either. one year our refund check the address they had literally had no connection to us i looked over the return that year it had correct info.......i will never understand how the post office found the right address.
I have spent a great deal of time trying to contact the IRS to see why we were forgotten or better yet they sent to someone else.... spent a few days on phone transferred around and then hung up after about 45 minutes ........ twice ......since many are working from home you cannot get a straight answer..

lucky i do not need it but it still shows the problem with this rushed programs.
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Jeni...I don't know if this will help but here's the page on the IRS website that indicates you may still have a way to get your 1st stimulus payment. Obviously I can't proceed because I've already gotten mine. I'm also going to send this link to a couple of people close to me who never got theirs.
https://www.irs.gov/coronavirus/get-my-payment
 

hollydolly said:
that's exactly why there's a huge chance of our country going bankrupt when the pandemic is all over.

All the jobs lost so no money being paid in taxes into the economy, all the non essential stores closed , the restaurants, bars., cafe's pubs..gyms, leisure centres, all closed... wedding venues only 6 people allowed to attend.. none of those things creating money for the economy, and in the meantime the govt is paying out billions of pounds in Furlough payments and unemployment benefits ..and that's before we take into consideration the cost of the C-19 vaccine, et al...
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Much like we had not seen a virus like this one...... the actual outcome good or bad is being guessed at and many will miss the mark.
This was not pushing pause on something and un-pausing it. These stimulus payments etc (even going back through other times) did not always have the effect they sought. ............so what do they do next is often throwing more money at a problem expecting a different result.

While it would have been difficult to screen for NEED ...... i know many whom are simply putting it away thus not stimulating anything.
How do so many politicians think that every person spends every dime like there is no tomorrow ?

They seem to based their calculations on the idea of 100% follow thru using the model of money flowing in like water over rapids......... that is not only unrealistic but perhaps delusional
I often thought how it must be to work for government where a person can be so wrong over and over with no consequences.
Regardless of where the money goes for basic needs or blown on something else this is BORROWED money we all are on the hook to pay back.
 
OneEyedDiva said:
Jeni...I don't know if this will help but here's the page on the IRS website that indicates you may still have a way to get your 1st stimulus payment. Obviously I can't proceed because I've already gotten mine. I'm also going to send this link to a couple of people close to me who never got theirs.
https://www.irs.gov/coronavirus/get-my-payment
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Thank you Diva!
yes, this is where i tried to get answers numerous times i put in my information and they said they DID not have a match.....since my SSN and birthday did not change i assumed they had other false info that was not matching ......tried to call a # they had first talked to a young man that said "do not give me any personal info i am just READING the FAQ page to people" (yes his actual job was to read a page that already is on website..... this might be helpful for non- english readers but i think most info is published in many languages)

I had already read the FAQ page ........told him i needed a real person was transferred numerous time each time going through many automated prompts then while waiting in a line at 45 minutes they hung up on me ......... did three times on different days and times with same result.
I was told by a friend that there is supposed to be a line on tax forms that i can tell say NOPE did not get that and get credit.
 
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hollydolly said:
ahhhh, right, the light is shining..🤓. i thought from what I was reading here, that every adult person earning under $75k in the USA was getting a 2K cheque..and some more than once
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The first stimulus check was for 1200, so a married couple who qualified got 1200, people woth children got I think 600 a child up to four children. I am sure someone will correct me if I am wrong. 😂. So we got 2400 dollars. I think I spent most of it right away.

The next stimulus, the recent payment, was 1200. All gone. If the next one passes we will get 4000 hopefully. Yup, spending it.

Money, in the USA, is just paper, printed paper. It is no longer backed by silver or gold. It’s just paper, and I am no expert but it’s backed by the reputation of the country that prints it, nothing else. Which is why, when the economy of smaller countries have failed, it takes buckets of paper money to buy something.

The worth of the dollar goes up, the worth of money in the failed economy goes down. Simple explanation, someone else will explain it better. Anyway, for those that are putting money into their banks, they defeat the purpose of propping up the economy. Plus, if the economy fails, banks will fail, and the banked money will be gone. Thus a new Great Depression.

Our country is not lock-downed. There are still plenty jobs available. Yes, some jobs are gone, some businesses are gone, and some states will be hard hit, but other states are fine. Taxes are still being paid and the economy is chugging slowly along. The richer are getting much richer. The poor are getting poorer, same as always.

But we have more virus and more deaths. Strangely and sadly enough the more old people who die that are on Social Security, the better it is for the economy.

@hollydolly I agree. I think England at some point will be in a desperate economic situation, as will many other countries including certain parts of the USA, if not the entire USA eventually unless Americans spend, spend, and spend more; during these difficult times. I am sure people will disagree with me. 😂.

And I could be terribly wrong as I have a little education, and, as we all know, as little education is a dangerous thing. 😂. But I hope this helped a little. 🙄
 
This is nothing but an attempt to try and bring the people of America one step closer to full Socialism.
Yes We got checks....a total of $3K.... but paid $14887.68 in taxes... and sure there will be no refund.
 
old medic said:
This is nothing but an attempt to try and bring the people of America one step closer to full Socialism.
Yes We got checks....a total of $3K.... but paid $14887.68 in taxes... and sure there will be no refund.
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We are already a somewhat socialist country -free schools, welfare, Medicaid, Medicare and all the other social programs. Socialism is nothing to fear, I don’t know why people are so concerned.
 
Aneeda72 said:
We are already a somewhat socialist country -free schools, welfare, Medicaid, Medicare and all the other social programs. Socialism is nothing to fear, I don’t know why people are so concerned.
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There are good, and bad, points in both Socialism And Capitalism. What I would like to see is some form of Universal Health Care similar to what many nations use. Sure, it would probably result in higher taxes, but that would be more than offset by Not having to support our current "for profit" insurance systems. Statistics at the WHO, and other organizations clearly show that we pay twice as much for health care in the US, than most other nations...yet, rank way down the list in terms of overall quality/availability of care.
 
Don M. said:
There are good, and bad, points in both Socialism And Capitalism. What I would like to see is some form of Universal Health Care similar to what many nations use. Sure, it would probably result in higher taxes, but that would be more than offset by Not having to support our current "for profit" insurance systems. Statistics at the WHO, and other organizations clearly show that we pay twice as much for health care in the US, than most other nations...yet, rank way down the list in terms of overall quality/availability of care.
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If you want to take out the middle man it can help we pay for layers in the current insurance set up...... the form and paperwork( or electronic version) has created huge grid-lock. I worked in insurance for many years when ACA began they hired many temporary workers to help with the at first glance load upon closer look the influx was do to people hitting enter numerous times sending 3 applications or signing up for different plans to shop .... all user error you could get infor without submitting applications. Those hired stay watching TV or knitting etc for 6 weeks @$18 an hour in case more application came in ........ wasted money for BCBS.

But the biggest difference in our system vs others is the CYA issue. ................Layers of tests and extra procedures because they fear lawsuits.
Most all universal systems have very limited damages one can recover in case of mistakes or malpractice.
another difference is many have few if any hypochondriacs.

To point out the insane lawsuit thing we have here...... I took a medication that worked great for me.................... some had issues many sued ............one of the first cases that went to trail for damages was a person NEVER prescribed it but took their wife' s pills.... now if you read a prescription bottle it is illegal to take item not prescribed for you but that obviously is NEVER enforced. Why can you sue after you should have never been taking medication anyway?

The WHO showed its true colors early on in this pandemic they also came out and said masks were not working very well and had to walk that back.
 
Aneeda72 said:
How much do you think a person actually has to make to get 75k in Mississippi? Remember the stimulus is paid based on AGI. So if you are taking home 75k you are making well over 100,000K.
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I wasn't talking about the stimulus; I was simply observing that the cost of living is much lower in some states.
 
hollydolly said:
ahhhh, right, the light is shining..🤓. i thought from what I was reading here, that every adult person earning under $75k in the USA was getting a 2K cheque..and some more than once
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Holly, most people got the $600 one already but there is a second proposal regarding another check in the amt of $2K. It's a separate stimulus bill that will come before the Senate after they return to session with the newly elected members. It's expected to pass the Senate and the House, and will likely be signed by the new President.
 
hollydolly said:
why are you getting it tho' , have you, personally, lost money due to this pandemic?, I mean have you lost wages etc... ... where are you supposed to be spending it if everywhere is closed ?
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Yes, due to lost wages, lost businesses, and other monetary hardships this pandemic has put hard working people through. You must be under a certain income status.
It is given so that when the businesses do open up again, they want you to use the $$$ to stimulate the economy, and get things going again.

ETA...you got a good assortment of answers!
 
hollydolly said:
Can someone explain to a Non American the £2k stimulas cheques you're (all?) getting.. what is it for ?
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Short Version

Income level determines if you get a stimulus or not. There is no good way to determine if there are people that don't need it.

The not so short version of how the inability to pay debt that will negatively impact taxes in the future.

WASHINGTON (Reuters) - The U.S. government started fiscal 2021 with an October budget deficit of $284 billion, a record for the month, as coronavirus-related outlays spiked sharply from a year earlier and revenues declined, the Treasury Department said on Thursday.

That was 111% higher than the October 2019 deficit of $134 billion and 61% higher than the previous October record of $176 billion in 2009, during the financial crisis and recession.

It follows a record full-year deficit of $3.132 trillion for fiscal 2020, which ended Sept. 30, more than tripling the previous year’s shortfall due to COVID-19 aid spending.

https://www.reuters.com/article/us-...ith-111-jump-in-october-deficit-idUSKBN27S2XH

That was before the $600.00 & expected/hoped for $2000.00 will add to the debt in turn adding to the deficit. Wouldn't want to be mid 50's or younger when the bill comes due to pay for debt & close the deficit.
 
Nothing today....but there’s always tomorrow, tomorrow, I’ll luv ya, tomorrow, it’s only a day away🎶 (there...now you can have that tune in your head all night too!!!! 😂😂😂😂). But thank you....hope so! 🤞
 
Murrmurr said:
Median rent in 2019 was $1078, but that doesn't tell me how many bedrooms or what kind of area we're talking about, and there was an uptick in the average number of people per household in 2019 but that doesn't tell me if some, most, or few of those households were multi-generational, but I can imagine the adults in them need a car or two, and of course, they all gotta eat with what's left after the increased utility payments are met.
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Nice try at deflection, but that is all irrelevant. Your first comment was that $75K income was peanuts, which means that you dismissed over half of American households who are earning those "peanuts". That is insulting to a lot of hardworking Americans.
 
Buckeye said:
Nice try at deflection, but that is all irrelevant. Your first comment was that $75K income was peanuts, which means that you dismissed over half of American households who are earning those "peanuts". That is insulting to a lot of hardworking Americans.
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I was not insulted. When I worked I didn’t make anywhere near 75,000. Then again, I didn’t work very hard either 😂
 
Buckeye said:
Nice try at deflection, but that is all irrelevant. Your first comment was that $75K income was peanuts, which means that you dismissed over half of American households who are earning those "peanuts". That is insulting to a lot of hardworking Americans.
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By "peanuts" I meant that $75 doesn't go very far.
 

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