Poverty guidelines

Discussion in 'Wall St. News' started by dealmaker, Apr 16, 2020.

  1. noddyboy

    noddyboy

    If they give me $2k a month forever, I won't riot.
     
    #11     Apr 16, 2020
  2. xandman

    xandman

    I forgot an important thing. The young and violent demographic, if you include the $600 a week State benefit, are making money at the rate of about $80k a year. Brilliant move by the govt. to appease. we don't need the trouble.
     
    #12     Apr 16, 2020
  3. S2007S

    S2007S


    I was looking at that as well. The $600 a week however is only for 4 months, still a lengthy time and probably a good amount of dollars compared to what they were probably making working. Some are making more now than they were while working!!!
     
    #13     Apr 16, 2020
  4. Overnight

    Overnight

    There is no way in hell people are going to be following these guidelines when the weather gets in a consistent warming-trend. By June? July?

    You know how many folks out there do not have air-conditioning? By summer we'll be out and about, spreading this thing even further.
     
    #14     Apr 16, 2020
  5. gaussian

    gaussian

    Discounting high cost of living areas in order to have a more realistic measure for a single person $1200 might be enough to get by. That is, enough to pay a little rent (maybe not the full amount but a good faith payment to avoid eviction), some food, and electricity. $1200 assumes you immediately close all bills/defer all non-essential debts. This is probably what he means by "$1200 is enough". Especially after you throw in unemployment and food stamps. With unemployment at $600 a week, food stamps worth ~$200, and a $1200 stimulus most people will need to make more than $35k in order to even consider going back to work. The gubmint teet is just too sweet.
     
    #15     Apr 16, 2020