AOC: '$1200 is not enough'

[Warlord]

https://twitter.com/thehill/status/1245760655568842755

[euphemia]

Of course it’s not enough. You voted yourself a raise.

[Warlord]

Of course it’s not enough. You voted yourself a raise.

How much was their raise?

[Gumba of Liberty]

Of course it’s not enough. You voted yourself a raise.

They also get the $1,200 on top. It’s good to be King 👑

[kahless]

While everyone sits back and laughs as if we are living in pre-virus times there are millions of people that live pay check to pay check that are unable to work. The state unemployment systems are not prepared to handle the load and the federal checks are far off.

No job or no state or federal handout, means no money. What do you think is going to happen when these people run low on food?

[RJB]

While everyone sits back and laughs as if we are living in pre-virus times there are millions of people that live pay check to pay check that are unable to work. The state unemployment systems are not prepared to handle the load and the federal checks are far off.

No job or no state or federal handout, means no money. What do you think is going to happen when these people run low on food?

I guess they should pull themselves up by the bootstraps even if the government cut the bootstraps.

I am against hand-outs from the government, but if the government deprives someone their means to make a living for their families...

[Todd]

I agree...I'm going to need about 10K

[ClaytonB]

Depending on where you live, $1200 is about one bi-weekly paycheck (pre-tax) at minimum wage, or just a little more than that. The collective price of that one paycheck is about $2T added to the public debt, which really means inflation (money-printing and subsequent rise in the real cost-of-living). Just like the helicopter money George Bush mailed to everybody, this whole thing is a charade and its true purpose is to act as popular hush-money while the crooks in Wall St., the Fed and the US government once again cook the books to cover up their many financial crimes over the last couple of decades.

Keep in mind that inflation is one of the most regressive of all taxes. An increase in the basic cost-of-living (gas, food, clothing, utilities, and so on) has no noticeable effect on the upper middle-class and wealthy. It only hurts those in the middle class and below. And the old whopper that "incomes rise with inflation, too" intentionally overlooks the obvious fact that incomes rise well after consumer prices rise. Any small business owner knows that increasing outlays now and only increasing revenues later is a sure recipe for eventual bankruptcy.

[Warlord]

I guess they should pull themselves up by the bootstraps even if the government cut the bootstraps.

I am against hand-outs from the government, but if the government deprives someone their means to make a living for their families...

Yeah it's a real tough one.

What about charity and foodbanks etc?

Can they fill the gap?

[Todd]

While everyone sits back and laughs as if we are living in pre-virus times there are millions of people that live pay check to pay check that are unable to work. The state unemployment systems are not prepared to handle the load and the federal checks are far off.

No job or no state or federal handout, means no money. What do you think is going to happen when these people run low on food?

Economic indicators are suggesting that there are upcoming negative shocks to the food supply and production system. Fewer migrants who account for a tremendous amount of farm labor. Plus seed companies sold out and farmers having trouble getting them. The next harvest projections might not have figured in the run on food this spring. Bumpy ride coming.

[jmdrake]

The stimulus check is like handing someone on the sinking Titanic a pale to dip the water out. The boat is still sinking. as long as our economy is needlessly shutdown we are sinking. Don't send me a $1,200 check. Give me access 2 masks, gloves and testing. Give that to everyone. Solve the problem and get the country back to work. But that's not what they want.

[shakey1]

Perhaps forgiveness of all taxes owed, income & property during the crisis.

[RJB]

Yeah it's a real tough one.

What about charity and foodbanks etc?

Can they fill the gap?

You are right, it's tough. I have no good answers. Flooding an economy with new money is horrible. Causing businesses to fail by forcing them to close is horrible. Families getting eviction notices because the man is not allowed to work...

There are tough times ahead no matter what happens. The best answer I have is to be prepared the best you can.

[RJB]

I am planting potatoes, radishes, peas, spinach, carrots and onions in my yards over the next few days. I bought seven hens. That's the best answer that I have.

My wife also filled out an online form for a small business grant. @ sba.gov I believe

[kahless]

Perhaps forgiveness of all taxes owed, income & property during the crisis.

I asked for forgiveness of a $50 fine for a mistake made on my state corporate taxes. I explained my financial situation as a result of the pandemic and told the female rep that the $50 would be used for food. No chance and if I did not pay I was threatened with more fines.

[69360]

I am planting potatoes, radishes, peas, spinach, carrots and onions in my yards over the next few days. I bought seven hens. That's the best answer that I have.

My wife also filled out an online form for a small business grant. @ sba.gov I believe

Just finished my SBA EIDC application. Small businesses get a 10k grant that is paid within 3 days and is NOT required to be repaid even if you don't get approved for the loan. My opinion is that the government directly caused my loss with all this panic over nothing so I am entitled to compensation.

[kahless]

Just finished my SBA EIDC application. Small businesses get a 10k grant that is paid within 3 days and is NOT required to be repaid even if you don't get approved for the loan. My opinion is that the government directly caused my loss with all this panic over nothing so I am entitled to compensation.

Did it really take "two hours and ten minutes" to fill out of the online application like the site says?

[RJB]

Did it really take "two hours and ten minutes" to fill out of the online application like the site says?

My wife did it in about 15 minutes.

[jkr]

[Theocrat]

How much was their raise?

According to Page 781 of the CARES Act, $25,000,000 is reserved to the House for "Salaries and Expenses," which equates to a pay increase of over $57K to each member.

Some apologists for the act have tried to explain away the pay increase by saying that the $25M is towards efforts for dealing with COVID-19; however, in the clause where it says that, it also mentions that $5,000,000 will be used towards that end. To me, the language says that the House gets $25M for pay increases and an additional $5M to deal with the Coronavirus pandemic.

[69360]

Did it really take "two hours and ten minutes" to fill out of the online application like the site says?

No about 15 minutes

[oyarde]

How much does AOC think it should be ? I think the govt should not have shut business down and left all protective measures to them .

[PAF]

How much does AOC think it should be ? I think the govt should not have shut business down and left all protective measures to them .

The government did not shut businesses down, they have zero-zip authority. It is the brainwashed - brain dead people who shut their own businesses down, due to state-run propaganda.

The government has no authority to shut businesses down. Government run offices and facilities perhaps, but not businesses.

[Okie RP fan]

Same argument people like her use for the minimum wage: it's never enough.

The only caveat with this scenario is that governments have forcibly shut down businesses, so yea, I think everyone should get their money back.

[Warlord]

Same argument people like her use for the minimum wage: it's never enough.

The only caveat with this scenario is that governments have forcibly shut down businesses, so yea, I think everyone should get their money back.

Maybe a full tax rebate for the proceeding year. What do you think?

AOC wants $2k/month sent out .

[RJB]

The government did not shut businesses down, they have zero-zip authority. It is the brainwashed - brain dead people who shut their own businesses down, due to state-run propaganda.

The government has no authority to shut businesses down. Government run offices and facilities perhaps, but not businesses.

I am sure that your business in Fantasyland is just packed with customers who see that you are both a virus and quarantine free zone. You should hold seminars and charge people whose businesses are failing so they too can rake in the cash.

[Okie RP fan]

Maybe a full tax rebate for the proceeding year. What do you think?

AOC wants $2k/month sent out .

Regarding the tax rebate, I don't know. Doesn't sound like a bad idea. I've pondered other ways to get money back to the people but I think realistically given the situation, direct checks are probably best at this current moment, more so for timing. Now, how often those come and to what amounts, those items can definitely be debated.

[69360]

I am sure that your business in Fantasyland is just packed with customers who see that you are you are both a virus and quarantine free zone. You should hold seminars and charge people whose businesses are failing so they too can rake in the cash.

You are right of course. The average customer has bought into the virus paranoia. I am still open but have not made a sale since the 3rd of last month. It is dead. My industry in general is off 80%. I am classified as an essential business and not required to close. I would not have complied with any closure order regardless.

I'm not going to fail. I'm good at what I do and have run my business well. I have sufficient cash reserves to last this out even if it went on years. Regardless of that I have no qualms with taking the $10k EIDC grant. The government caused my losses with their panic and I deserve to be compensated for my loss.

I expect a small bump in sales when the $1200 checks go out. Then probably another month of nothing until the government and media declare victory over the great virus overreaction of 2020.

[RJB]

I am still open too, but my business has crashed as well. I will still be around, but will tighten my belt a lot. I know quite a few close friends who probably won't weather this storm very well.

It shows how pampered we are as a society that many have no idea how this will affect the business owner. They will realize it when McDonald's and KFC are the only restaurants they can take their dates out to for fine dining in the next year.

You are right of course. The average customer has bought into the virus paranoia. I am still open but have not made a sale since the 3rd of last month. It is dead. My industry in general is off 80%. I am classified as an essential business and not required to close. I would not have complied with any closure order regardless.

I'm not going to fail. I'm good at what I do and have run my business well. I have sufficient cash reserves to last this out even if it went on years. Regardless of that I have no qualms with taking the $10k EIDC grant. The government caused my losses with their panic and I deserve to be compensated for my loss.

I expect a small bump in sales when the $1200 checks go out. Then probably another month of nothing until the government and media declare victory over the great virus overreaction of 2020.

[69360]

I am still open too, but my business has crashed as well. I will still be around, but will tighten my belt a lot. I know quite a few close friends who probably won't weather this storm very well.

It shows how pampered we are as a society that many have no idea how this will affect the business owner. They will realize it when McDonald's and KFC are the only restaurants they can take their dates out to for fine dining in the next year.

Yes, my town has mainly small businesses. Mostly touristy shops and eateries. They are all going to be wiped out by this if tourist season is delayed.