[coconutmama]

Originally Posted by tophcfa

The real scam is the $350 billion in the package that is going to bail out irresponsible state and local governments like Chicago, California and Connecticut because of many years of poor fiscal management. There financial problems existed long before Covid and now they are getting bailed out on the backs of responsible tax payers. Very sad. As far as the $2,800 stimulus my wife and I recently received, we will be needing at least that to cover the ever increasing price of gas and oil since the new administration has taken over.

The price of gas fluctuates based on many factors. During the last administration was no exception. For example: In Aug of 2018 it was over $3 how quick we forget & how quick we blame

[Fisherman]

Everyone has a different situation. If everyone could take one minute to realize that politics is not a part of the equation, you would understand all the different scenarios that are taking place right here in The Villages. How about all the widows and widowers here. Example, my husband died unexpectedly. We both worked hard and long to save for retirement. We paid in to Social Security and our employers did as well. Thank God we maximized our 401Ks and IRA’s to supplement SS. Then one dies and your SS income gets cut in half. You get theirs or yours which ever is higher. Now that is reality!! If you do not need the money, why don’t you donate it to the many families or local businesses that do. Send me your check, because my dream retirement changed drastically the day I lost my spouse and their are so many, just like me. Just look around your neighborhood and you will see how many of us are here. Our income level as individuals, was less than $75K. We have the same expenses as a couple, the same amenities fees, electric, phone, TV, golf fees etc. we do the best we can, living alone and trying to go on. The stimulus checks help some and they are a bonus for others. Everyone should use the money depending on their needs. Put it back in to the economy and it will grow.

[Cheapbas]

You are correct, not everyone here needs it. So as mentioned, stimulate the economy or donate it. Help a charity who helps families who lost big time in this pandemic and if that’s not available there’s always little kids with cancer.

[dewilson58]

Originally Posted by Cheapbas

You are correct, not everyone here needs it. So as mentioned, stimulate the economy or donate it. Help a charity who helps families who lost big time in this pandemic and if that’s not available there’s always little kids with cancer.

[Mohawksin]

Originally Posted by FG111

I don't qualify and if I did, I'd be ashamed to receive this ill-gotten freebie unless I truly needed it. Many people receiving this stimulus, especially "some" living in The Villages, don't need this money and this freebie will only increase inflation for the rest of us.

>> I don't qualify << Since the checks were to go to "everybody" would you please share with us why you don't qualify?

[dewilson58]

Originally Posted by Mohawksin

>> I don't qualify << Since the checks were to go to "everybody" would you please share with us why you don't qualify?

???
Probably income level.

[Bill Torres]

Originally Posted by FG111

Agree with you 99%. We are different in that no generation will ever repay these loans. The debt rating for the US will be equal to that of Venezuela and remember my words, in a few years you will see run-a-way inflation and this country's primary language will be Spanish and the Chinese will be our landlords.

I’m glad I am bilingual.

[cegallup]

Originally Posted by Ben Franklin

"Yes, debt has to be repaid when it comes due. But maturing debt can be replaced with newly issued debt. Rolling over the debt in this manner means that it need never be “paid back.” Indeed, it may even grow over time in line with the scale of the economy’s operations as measured by population or GDP."
Source:
Does the National Debt Matter?| St. Louis Fed

If people think we can just keep printing / borrowing money ad infinitum, they DO NOT really understand Economics. Euphoria ends when the chickens come home.

[jbrown132]

Originally Posted by FG111

President Biden signed the American Rescue Plan Act on March 11. Provisions in the bill authorize another round of $1,400 stimulus checks for each eligible person ($2,800 for couples).

There are 1000's of couples living in The Villages with a paid-off house, no debt, tons of money in the bank, free paid medical insurance and as long as their gross adjusted yearly income is under $150,000, the couple will receive $2,800 in free US tax dollars. This is on top of the two prior stimulus checks they have received in the past six months.

I honestly believe those folks who need the money should be helped, but this stimulus money was not meant for people who didn't need it and for those people living in The Villages that meet this criteria and don't need the stimulus money are just scamming the rest of us.

The real scam is the 91% of the money form the American Rescue Plan the government is going to spend that has nothing to do what so ever with COVID relief. If they were really interested in helping people and stimulating the Economy they could have given $10K to everybody in the form of debit cards which could have been used to pay mortgages, rent or to go out and buy goods and services that would help employ people. In the end we probably would have saved a trillion dollars. This is typical of Washington. Throw the people a bone then pay off all your friends and supporters.

[Cipris58]

Originally Posted by Mortal1

*yawn* you're preaching to the choir pal. Our take come is < $40k and we're doing just grand without the handout/payoff.

You can always pass it on to more fortunate.

[Jerry Leinsing]

Then when all you well off donate your stimulus checks to the Wildwood Soup Kitchen and all the local pantries around the villages, you will fead your poor neighborhoods and get a nice tax deduction next year. I love America!

[dewilson58]

Originally Posted by richs631

I for one are sick and tired of those bashing people in the villages who have money. I worked two f-in jobs my whole life, paid more than my fair share of taxes and saved so I could enjoy retirement. If you have a F-in problem talk to the idiots you voted into office. I’m not apologizing for my wealth. I worked for it. And for those who bash me get up off your a$$ and get a job

Enjoy your retirement, you have earned it.
There are all levels of success............the American way.

[Moderator]

Please try to keep your replies on topic and away from partisan/political language. A number of recent posts were removed as they veered into name calling and partisan accusations. If this continues, the thread will be closed. Since it is based on current events, some latitude is given, but, please keep your comments civil and on topic.

Moderator

[bilcon]

"Any man who thinks he can be prosperous and happy by letting the government support him should take a closer look at the American Indian." Henry Ford

[DaleDivine]