Quote:
Originally Posted by ASAP
The whole damn thing makes exactly 0 sense... monthly or annual salary is a terrible gauge of whether one needs a check... it should be based on net worth (albeit that is nearly impossible to measure which is why this is stupid in any case).
example 1 - a person makes 100k but has 10k in savings and high bills, this person will be screwed if they lose their job
example 2 - a person making 40k a year but somehow has 300k in cash (inheritance or whatever) and has a minimal rent payment... this person has technically almost no use for a stimulus check
Well one could argue example 1 should have had more savings... sure... one could also argue our fine companies could have had cash on hand for a rainy day but now want a bailout....
this is all incredibly stupid and will just accelerate inflation.... btw I am not getting a dollar, my parents are gettting $2400... care to know who stands to lose more if something happens?
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No. If you have been making 6 figures for a while & only have $10k in savings, you suck at money management. Your own fault.