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$400 Billion In Stimulus Unemployment Lost?

Discussion in 'Current Events' started by esmith, Jun 10, 2021 at 4:13 PM.

  1. esmith

    esmith Veteran Member

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  2. Revoltingest

    Revoltingest I have the kavorka
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  3. Mestemia

    Mestemia Advocatus Diaboli
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  4. Suave

    Suave Active Member

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    Please let us consider ourselves being fortunate to reside in Democratically governed states receiving the economic stimulus of enhanced federal unemployment payments driving up wages for workers as well as proving disposable income for us being unemployed due to C.O.V.I.D.-19.
    Good work ethic landed me a job earning twelve dollars an hour for having to take abuse from unruly passengers and not get tips for helping travelers with loading and unloading their heavy luggage. I am better off receiving enhanced unemployment compensation I can further expand by day trading stocks. I am also doing my part refraining from work in order to participate in the shortage of labor driving up wages for workers.
    $450 was my weekly take home pay from working as a shuttle driver, I am now receiving well over $500 per week as being a displaced worker by C.O.V.I.D.-19.
     
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  5. Suave

    Suave Active Member

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    I suppose with universal basic income, there'd be no need for anybody gaming the system in order to get his U.B.I. payments. Whereas, with enhanced unemployment compensation, I have the pleasure of playing the system in order to gain a financial advantage being unemployed over those who would rather work.
     
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  6. PureX

    PureX Veteran Member

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    More likely far less than that. But it was inevitable that there would be fraud, as the system was not designed to oversee such an onslaught of claims due to a pandemic.

    What do you suggest we should have done, just let all those out of work people starve, go homeless, what?
     
  7. esmith

    esmith Veteran Member

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    No I would have probably insured that there was a plan put into place to verify the claims.
    But of course as per your last statement, you probably don't care if there was massive fraud involved.
     
  8. esmith

    esmith Veteran Member

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    Oh you poor naive youngster.
     
    #8 esmith, Jun 10, 2021 at 8:50 PM
    Last edited: Jun 10, 2021 at 9:45 PM
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  9. Suave

    Suave Active Member

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    I am guessing you are likely correct here. If I had not been laid off due to my job being eliminated by the C.O.V.I.D.-19 pandemic, I would have likely lost my job some other way. I realize many people have suffered far worse than I have from this pandemic, therefore I do consider myself as having been rather fortunate by receiving a generous amount of C.O.V.I.D.-19 financial assistance.
     
  10. We Never Know

    We Never Know Well-Known Member

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  11. Hockeycowboy

    Hockeycowboy Well-Known Member
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    No, no, it’s gossiping....go ahead!
     
  12. Revoltingest

    Revoltingest I have the kavorka
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    No way....the feds closely watch RF for mischief.
     
  13. PureX

    PureX Veteran Member

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    Well, we had a plan in place to guard us against a pandemic, and to react to one as quickly and efficiently as possible. But because that was set up by democrats, Trump and his republican cohorts couldn't eliminate it fast enough, the first moment they got the chance. So that when it did happen, we were totally unprepared for it. Then the republicans decided to just ignore it and pretend it was going to go away on it's own. Which of course it didn't. So the fact that the Unemployment Administration wasn't ready for a massive influx of claims due to a pandemic wasn't really the primary problem, was it. The primary problem was a predicted pandemic, and the republicans complete incompetence in dealing with it.

    What we should have done, and should still do, is set up an emergency plan for reacting to the various scenarios that would cause a similar economic collapse. So that the next time something like this happens, we will be ready for it both medically AND economically. For example, we should have been able to suspend all unessential commerce for some period of time without anyone losing anything, and then had emergency funds already on hand and available, with a means to distribute it, to maintain the essential commerce that's required to keep everyone alive and safe through it. Other nations managed to do some of these things even without preparing in advance.
     
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