Can you give me a breakdown of that $1000 a week?

_________________
2018
#ExtendLafleur
10 More Wins

The exact numbers are by state and how much you made prior to being laid off. In Illinois, you get 47 percent of what you made. So if you made 1000 a week, you get 470 a week on unemployment. That's a 52k a year job. The federal government adds another 600 a week on that. So that person who makes 1000 a week ends up with 1070 a week on unemployment. You also get a child credit.

Many people are sitting at home making more money than they would if working.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

Wow, I didn't realize it was weekly, holy shit nobody will want to go back to work. No wonder so many people want to sit their ass at home.

_________________
2018
#ExtendLafleur
10 More Wins

Is that supposed to be a good thing?

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

i certainly feel like a dope going to work every day

No. It's just pointing out that bring on unemployment now doesn't mean you are hurting financially.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

I also thinks it's very likely that it was supposed to be $600 a month, and it was a mistake but then JORR's guy Bernie Sanders jumped in and would have torpedoed the bill if it wasn't $600 a week and they just accepted it. It's probably his biggest accomplishment ever.

When this passed, many restaurants in my area almost immediately closed shop that were doing takeout. I am almost positive that they did it and told the employees they would make a lot more money on unemployment and we'll see you in a few months.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

I was on unemployment last spring/summer for about 3 months. You do not get that much. It was not that much when I was on it for about 6mos in early 2015 as well. It may have changed a bit now with the stimulus and whatever.

Unemployment is also taxed. You can opt to have 15% taken out of the check now, or pay when you file your taxes.

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https://www2.illinois.gov/ides/IDES%20Forms%20and%20Publications/CLI110L.pdf The rate is 47% in the third column. It is capped though at the state average wage of 1,029. I should have said that though.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

_________________
"He is a loathsome, offensive brute
--yet I can't look away."

I received this from our financial adviser which may be of interest...

Labor market holds the keys – Recent weekly readings of initial jobless claims have surged to unprecedented levels, heralding what we believe will be a dramatic surge in the national unemployment rate in Q2, potentially as high as 20%-30%. This compares with peaks of 10% in 2009, 10.8% in 1982 and 9% in 1975. While the current surge in unemployment will be painful, we think Washington’s fiscal rescue package will be critical in preserving conditions for payrolls to return to healthier levels in much more rapid fashion.

Potential for a vigorous rebound – We think the path ahead for the financial markets will be dictated more by the duration of the economic shutdown than the magnitude of the GDP decline. In our view, a severe but somewhat temporary contraction is already priced in to financial markets. Progress in containing the spread of the virus will dictate the timeline, but we think the nature of this shutdown (self-imposed versus structural weakness in the economy), combined with significant fiscal and monetary policy stimulus, sets a compelling stage for a potentially faster-than-average rebound later this year.

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“Mr. Trump is unfit for our nation’s highest office.”- JD Vance
“My god, what an !diot.”- JD Vance tweet on Trump
“I’m a ‘Never Trump’ guy”- JD Vance

And they run out.

And when they run out, where will all the businesses be that are ready to hire all these people back. It will take time, and a lot of it, for things to get back to anywhere close to where they previously were.

Not worth it. Let's save what we can. And as it has always been, you can't save everyone. Businesses...or people.

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Rick Hahn is the best GM in baseball.

what we've been hearing too. my broker buddy who i don't use is like inject now.

There is a cap on unemployment. I believe that everyone making like $40k a year gets the same amount as someone who makes $1M a year. The $600 a week was added to make more people whole.

Edit: The cap is $471 a week.

_________________
Be well

GO BEARS!!!

Our virus check was posted to our bank account this morning.

_________________
An Ode to the Texas man who shot an Antifa terrorist:

Oh, he might have went on livin'
But he made one fatal slip
When he tried to match the Ranger
With the big iron on his hip

Maybe put on his shoes and imagine what advice you would give in his shoes....Just a thought

It was a mistake by many of the states giving out the $600/week bonus to the unemployed. This means that to a lion's share of the population they will make more money on unemployment compensation that those folks who are working in their jobs in the midst of a pandemic. My three kids are working through this stuff right now. Wonder how many workers who were laid off sometimes voluntarily will be glad to go back to work. I doubt 75% of them will go back when this shit ends.

_________________
An Ode to the Texas man who shot an Antifa terrorist:

Oh, he might have went on livin'
But he made one fatal slip
When he tried to match the Ranger
With the big iron on his hip

It's awful to give people money to help them weather a once in a century storm, but we should definitely give money to irresponsible business owners to bail them out every decade.

_________________
Be well

GO BEARS!!!

It is the American Way.

_________________

he works for a firm that is paid off actual performance, not pre investment sales charges. so advice liek this could actually cost him .

No person deserves to make more money to stay at home than they would working at their job. Unemployment compensation was designed to be a HELP measure to get people through downturns to the economy. Some people have thrived on what it became and this addition $600/week is totally asinine. It is going to be a real mess when the laid off folks are going to be told to go back to work again. Many will not be agreeable to that.

_________________
An Ode to the Texas man who shot an Antifa terrorist:

Oh, he might have went on livin'
But he made one fatal slip
When he tried to match the Ranger
With the big iron on his hip

My personal favorite story was the retired cop in Michigan wanting to go to his home in another part of the state to wait out the virus there and being order to stay where he was because of that dingbat Governor's order. They wouldn't let the guy drive to his own F*ing home for cripes sake.

_________________
An Ode to the Texas man who shot an Antifa terrorist:

Oh, he might have went on livin'
But he made one fatal slip
When he tried to match the Ranger
With the big iron on his hip

My bad. I misread your post.

Delightful

_________________

Big business doesn't deserve trillion dollar bailouts every decade, but we're here. Here with you bitching about an insignificant amount that only the absolute lowest wage earners who have been laid off will benefit from for 4 months at most. As always, you're focusing on the wrong people.

_________________
Be well

GO BEARS!!!

How many people do the irresponsible business owner employ ?

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Proud member of the white guy grievance committee

It aint the six minutes. Its what happens in those six minutes.

Who cares. Responsible business owners will just take their place and business. MANY big businesses who employ thousands of people have gone under for various reasons including being irresponsible. We didn't rush to keep them afloat and their employees went elsewhere. That's how it should work. We clearly aren't trying to keep small businesses afloat right now.

_________________
Be well

GO BEARS!!!

But a few poor people got an extra $600 for a few months.

https://nypost.com/2020/04/16/43k-us-mi ... zD1ff6bwMU

_________________
Be well

GO BEARS!!!