|
koods
Ribbit



Registered: 05/26/11
Posts: 106,049
Loc: Maryland/DC Burbs
Last seen: 3 hours, 40 minutes
|
Re: How does the stimulus bullshit make you feel? [Re: CHeifM4sterDiezL]
#27104015 - 12/23/20 11:32 AM (3 years, 1 month ago) |
|
|
Because that is not how economics work. When you are poor you spend nearly all your money. When you are rich you take that $1200 and put it in the bank.
--------------------
NotSheekle said “if I believed she was 16 I would become unattracted to her”
|
CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,535
Loc: United States
Last seen: 4 seconds
|
Re: How does the stimulus bullshit make you feel? [Re: koods]
#27104022 - 12/23/20 11:36 AM (3 years, 1 month ago) |
|
|
Well I mean whats rich? Whatever the cut off was last time i forget but seemed fair. Yeah a bunch of rich ppl got the money but like I said these were simply working professionals.
|
koods
Ribbit



Registered: 05/26/11
Posts: 106,049
Loc: Maryland/DC Burbs
Last seen: 3 hours, 40 minutes
|
Re: How does the stimulus bullshit make you feel? [Re: CHeifM4sterDiezL]
#27104028 - 12/23/20 11:40 AM (3 years, 1 month ago) |
|
|
If the point is stimulus then you target low income people
--------------------
NotSheekle said “if I believed she was 16 I would become unattracted to her”
|
CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,535
Loc: United States
Last seen: 4 seconds
|
Re: How does the stimulus bullshit make you feel? [Re: koods]
#27104042 - 12/23/20 11:44 AM (3 years, 1 month ago) |
|
|
Most people even if they're relatively well off when the government hands them a check they do go oh let me put this extra money in the bank. The go " great now I can have a TV or dick towel money to blow for the vacation" or whatever crap theyre buying at their income level. They spend it trust me most people have already spent it in their minds. Its just human nature koods.
Edited by CHeifM4sterDiezL (12/23/20 11:49 AM)
|
CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,535
Loc: United States
Last seen: 4 seconds
|
Re: How does the stimulus bullshit make you feel? [Re: CHeifM4sterDiezL]
#27104046 - 12/23/20 11:46 AM (3 years, 1 month ago) |
|
|
Especially if its like $600-1200 upper middle people wouldn't save that you wipe your ass with that everyone knows it.
|
koods
Ribbit



Registered: 05/26/11
Posts: 106,049
Loc: Maryland/DC Burbs
Last seen: 3 hours, 40 minutes
|
Re: How does the stimulus bullshit make you feel? [Re: CHeifM4sterDiezL]
#27104052 - 12/23/20 11:48 AM (3 years, 1 month ago) |
|
|
You’re thinking like a poor person. The reason these people aren’t poor is because they don’t just go and spend money when they get it.
--------------------
NotSheekle said “if I believed she was 16 I would become unattracted to her”
|
CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,535
Loc: United States
Last seen: 4 seconds
|
Re: How does the stimulus bullshit make you feel? [Re: koods]
#27104055 - 12/23/20 11:49 AM (3 years, 1 month ago) |
|
|
They dont spend their budgeted money
|
theRealrollforever
I DID-DENT



Registered: 08/31/13
Posts: 12,736
Loc: Bada-Bing!
Last seen: 2 days, 1 hour
|
Re: How does the stimulus bullshit make you feel? [Re: koods]
#27104056 - 12/23/20 11:50 AM (3 years, 1 month ago) |
|
|
Tsssssssst...I just heard a cigarette go out....did that hurt chief?
--------------------
sunshine said: The order has to be secret and no one is sure.
|
koods
Ribbit



Registered: 05/26/11
Posts: 106,049
Loc: Maryland/DC Burbs
Last seen: 3 hours, 40 minutes
|
Re: How does the stimulus bullshit make you feel? [Re: CHeifM4sterDiezL] 1
#27104058 - 12/23/20 11:54 AM (3 years, 1 month ago) |
|
|
And extra money goes into the bank, or to make an extra mortgage payment, or into the retirement fund. It doesn’t go to a new TV. It’s this difference in thinking about money that allows rich people to accumulate wealth.
--------------------
NotSheekle said “if I believed she was 16 I would become unattracted to her”
|
psi
TOAST N' JAM


Registered: 09/05/99
Posts: 31,456
Loc: 613
|
Re: How does the stimulus bullshit make you feel? [Re: koods]
#27104069 - 12/23/20 11:59 AM (3 years, 1 month ago) |
|
|
That and not having their housing costs go to paying a landlord's mortgage, and various other shit like that. If your income is low enough relative to the cost of living, saving all your extra pennies is never going to make you rich.
|
Ice9
3X Ban Lotto Champion



Registered: 03/20/14
Posts: 11,232
Loc: daterapeville,USA
Last seen: 12 minutes, 29 seconds
|
Re: How does the stimulus bullshit make you feel? [Re: psi]
#27104081 - 12/23/20 12:05 PM (3 years, 1 month ago) |
|
|
Yeah, I'm doin all right in life, last stimulus I donated to a local food bank. This one I'll likely find another local charity to donate it to. Doesn't mean I couldn't use the money, I could student loans, bought a new car etc. I can cover that with my wages though, rather find a small charity with little to no administrative budget and 90%+ of the money goes to the people the charity serves/
-------------------- The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man. -- George Brenard Shaw
|
CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,535
Loc: United States
Last seen: 4 seconds
|
Re: How does the stimulus bullshit make you feel? [Re: psi]
#27104082 - 12/23/20 12:06 PM (3 years, 1 month ago) |
|
|
This people aren't the kind of rich where they have everything and money is no object. Again trust me they buy an awful lot of crap and spend. You really think theyre gonna go wow $600-1200 thats a chunk of change that goes into a retirement fund.
|
koods
Ribbit



Registered: 05/26/11
Posts: 106,049
Loc: Maryland/DC Burbs
Last seen: 3 hours, 40 minutes
|
Re: How does the stimulus bullshit make you feel? [Re: psi]
#27104092 - 12/23/20 12:09 PM (3 years, 1 month ago) |
|
|
My godmother just died. This woman worked for the phone company as an operator, she never married and retired 40 years ago. Her estate is worth over $5 million dollars. The way you spend your money makes all the difference when you have a relatively average income.
--------------------
NotSheekle said “if I believed she was 16 I would become unattracted to her”
|
CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,535
Loc: United States
Last seen: 4 seconds
|
Re: How does the stimulus bullshit make you feel? [Re: CHeifM4sterDiezL]
#27104096 - 12/23/20 12:10 PM (3 years, 1 month ago) |
|
|
I'm not saying that some people wouldn't save a free $600. I'm just saying alot maybe most people wouldn't even if they made 100k a year. Dropping it in some fund is technically kinda spending it anyway. Its injected into the economy.
|
psi
TOAST N' JAM


Registered: 09/05/99
Posts: 31,456
Loc: 613
|
Re: How does the stimulus bullshit make you feel? [Re: CHeifM4sterDiezL]
#27104100 - 12/23/20 12:10 PM (3 years, 1 month ago) |
|
|
There are definitely plenty of middle class people who aren't especially smart with money.
|
CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,535
Loc: United States
Last seen: 4 seconds
|
Re: How does the stimulus bullshit make you feel? [Re: psi]
#27104102 - 12/23/20 12:11 PM (3 years, 1 month ago) |
|
|
Its most of them these people blow thru money are you joking?
|
koods
Ribbit



Registered: 05/26/11
Posts: 106,049
Loc: Maryland/DC Burbs
Last seen: 3 hours, 40 minutes
|
Re: How does the stimulus bullshit make you feel? [Re: CHeifM4sterDiezL]
#27104104 - 12/23/20 12:12 PM (3 years, 1 month ago) |
|
|
And I’m saying you’re wrong. We’ve done these kind of stimulus payments before and we know how people used that money.
--------------------
NotSheekle said “if I believed she was 16 I would become unattracted to her”
|
psi
TOAST N' JAM


Registered: 09/05/99
Posts: 31,456
Loc: 613
|
Re: How does the stimulus bullshit make you feel? [Re: koods]
#27104105 - 12/23/20 12:12 PM (3 years, 1 month ago) |
|
|
Quote:
koods said: My godmother just died. This woman worked for the phone company as an operator, she never married and retired 40 years ago. Her estate is worth over $5 million dollars. The way you spend your money makes all the difference when you have a relatively average income.
Oh, I was talking about people with low income, not relatively average income.
|
psi
TOAST N' JAM


Registered: 09/05/99
Posts: 31,456
Loc: 613
|
Re: How does the stimulus bullshit make you feel? [Re: CHeifM4sterDiezL]
#27104109 - 12/23/20 12:13 PM (3 years, 1 month ago) |
|
|
Quote:
CHeifM4sterDiezL said: Its most of them these people blow thru money are you joking?
Yes, I was totally joking when I said it was "plenty" of them. What an outlandish thing to say, right?
|
CHeifM4sterDiezL
Chief Globerts


Registered: 07/28/10
Posts: 22,535
Loc: United States
Last seen: 4 seconds
|
Re: How does the stimulus bullshit make you feel? [Re: psi]
#27104123 - 12/23/20 12:19 PM (3 years, 1 month ago) |
|
|
Yeah bro its going into the retirement fund. Thats your roth IRA thats the nest egg the mortgage is equity thats an investment imagine the interest you'd lose on that $600. My god makes your stomach turn. Def not gonna blow it on a shiney new super automatic espresso machine with organic nut milk froth
Edited by CHeifM4sterDiezL (12/23/20 12:20 PM)
|
|