Home Forums Hunting & Shooting Hunter's Campfire Stimulus money - retirees - WTF?

the real name of this forum is 24hourHypocrisy

Exactly. They don’t produce any money besides from a printer.

Well in construction we are still working, but our hours are dwindling. So they’ll look at our wages from 2019, then tell us we are not effected?
I’m fine, I’m not hurting, but I’m also 60 and my house is paid off. A lot of younger drivers made close to the maximum last year, but also have that 2k to meet at the beginning of the month.
I understand it’s an effort to help, but would rather they just suspend all mortgages for one month. The mortgages renters pay to landlords, and landlords pay to banks. Then let the banks write off the hit.
That ultimately puts the loss on those who can absorb the hit the best.

This clock doesn’t lie:

https://usdebtclock.org/

Obama wasn’t exclusive in adding to it, but he added to it....like his predecessors.....but even more. Well, Congress did during his tenure, anyway. The inflation that occurred under all of their administrations is stored in that top, left number and will be released soon enough. But its not the administrations that did it. 535 morons on both sides of the isle control the purse strings. Not the presidents.

I don’t know if it’s by design, but it sure does seem to Congress’s benefit to have the masses argue about their individual favorite president while they’re spending money on their favorite lobbies.....or something like that.

I'm sorry that's the national debt, not inflation. The two are well known to be quite different.

Trump is going to win the National Debt contribution going away. It won't even be close. Yes, the Congress does bear responsibility as well. About equally with the POTUS.

Again, show me the numbers.

Without a doubt many of our fellow citizens are hurting right now and will be for a while, including retirees.

It’s impossible for the government to sort out the truly needy from the notsomuchers. Ergo, paint with the wide brush and let the chips fall where they may.

The average US citizen could honestly give a phart about the national debt and that includes citizens of other nations.

What sucks is only giving money to lower income folks. If you make >$175 (or so) you get squat even though you're the one paying all the taxes. Maddening the way we continue to screw people who work hard and long. I do a 50-hour week and I'll get zip. A baby belching migrant or basement dwelling millienial that never worked at all gets paid.

Flat tax. Equal payments. Cut out the socialst crap.

I committed to paying my lender a certain monthly payment for a certain length of time. Ill live up to my obligations.
Please tell us about this "writing off the hit". Sounds like a wonderful little imaginary world you live in.

I quit complaining about the debt some years ago. It’s just too big. It isn’t going to get paid. Not saying that is good, just that’s the way it is.

So, having said that, I don’t care if retirees get money while they can. I’ll never retire and am probably nearly two decades from getting SS, but it doesn’t bother me for you to get it while you can.

You’re an honorable Man, JM but that ain’t no imaginary world he speaks of. Far from it.

From this event many write offs will happen, even more than we can begin to imagine at this point in time. You can book that.

You may have missed (or chose to ignore) the part where I wrote that debt will be released soon enough. Inflation has been hidden because its put into that debt number, allowing the commoners to believe a dollar is still worth a dollar....and that’s true as long as we’re buying the lender’s low cost goods.

Its harder to hide inflation in labor costs, though. And no, I’m not going to do your homework. If you don’t want to do your own analysis and admit American labor has been consistently increasing in cost, well.....your motive is pretty clear.

But I digress. We are entering a deflationary period and soon, that national debt.....the cumulation of borrowing and printing.....will soon be unleashed as hyperinflation.

Wifey and I paid in 56,000 in taxes last year. We won’t get cshit. I’m for a flat tax too

You're not altogether wrong, but you are way off base about those collecting social security and the fact I squandered my money on safaris. After my first one, which I saved for for ten years, I came back and found a way to go on a couple more. I started booking safaris to get free ones. It wasn't easy or just picking up the phone. I did all kinds of outdoor shows and squeezed far too many palms. I've never paid for guided hunts, save that first safari.

I have been self-employed most of my life, making a very modest income, but I didn't have to rely solely on an employer or corporation for my livelihood, AND, I employed 2-4 people along the way, often having to go without to make sure they got paid. I created a few jobs. I went seven years without a vacation. Any insurance I PAID out of my pocket, no employer insurance welfare...

All my vehicles have been purchased used, real used, as with my boats, and in most cases they were bought well below market and sold a few years later for what I had paid or near that. As to my boats...well...they sure aren't great investments, granted, but I can still get more than I paid for one of them, and one I recently bought and didn't like made enough money that it paid for 1/2 of the big boat. I'm now placing two on the market and will keep the one that didn't sell first.

My guns support my next gun purchases.

I paid my house off and paid cash for an addition that made it worth much more with a net gain, but increased property taxes eat that up over time. I worked like a dog to buy and develop water rights for my small farm, a tough and expensive undertaking here in the dry country. A 500' deep, 12 " diameter irrigation well didn't drill itself.

We invested our money in a small conservative portfolio, but it still crashed for now, as did the small income from it we need to stay even.

I didn't welcome a bout with cancer and a fall off a roof, while working a wind-damage claim, both of which cost me a big chunk of my rainy-day fund. I am NOT whining here. These things happen, and we find work-arounds.

Right now, during all this and given a big percentage of a small income loss, a few extra dollars is a fortune to us. It'll be the first and only money I've ever taken back from government. We gave the 2008 payments to our local senior center.

As I said, I'm not sniveling or whining, and we can survive a few steps backward. The stimulus money won't get squandered on toys.

You are missing something.

It’s would have/could have.

May be that people who are no longer part of the labor pool could actually use a little bonus.

Find someone in the service industry after this is over. Someone who earns most pay on tips. They are getting creamed here. Give them a few nice big tips over a mlutiweek period.

I agree with your sentiment, but you can do some good spreading it around ot those who a) wont claim the income and b) will REALLY appreciate the financial support.

This is a great idea, IMO. These people are usually real hard workers, and the tips are crucial.

I tipped the nice young man at the Little Caesar drive through a couple of bucks last night. He about dropped the pie into my car and looked at me like I was his long lost rich uncle. Little does he know...

If everyone would tip these guys a dollar or so it would make a meager survival job into an easier survival one.

I've a couple family members that I will help out. I'm scheduled to get a 2% COLA on 4-1.

Leroy Bean s looks like he is on the verge of channeling his inner Elkslayer.................

I have been tipping 20% for take out at a couple of my favorite local establishments; they really need it and appreciate it.

Everyone is a hardcore conservative until the federal benefit checks start getting cut.