Additional 6.6M File for Initial Unemployment Benefits [pdf]

Post by SketchySeaBeast » Thu, Apr 02, 2020, 2:55 PM UTC

treis wrote: post #245

SketchySeaBeast wrote: post #157

Earlier quoted context omitted.

If the economy bounced back to what it was on Feb 28th, what is your acceptable number of dead? Would you trade 9 million unemployed for 9 million dead? Do you think that wouldn't have an effect on the market as well? We're in it now, and no amount of wanting to hit the abort button will change anything. It's a fantasy to assume people will just go back to work, the economy will get better, and everything will return…

>If the economy bounced back to what it was on Feb 28th, what is your acceptable number of dead? Would you trade 9 million unemployed for 9 million dead? Do you think that wouldn't have an effect on the market as well? The vast majority of those dead are going to be 65+. Maybe I'm just feeling salty this morning, but considering how much that generation has stuck it to my generation I'm not even a little bit interest…

Post by adrr » Thu, Apr 02, 2020, 2:55 PM UTC

samfisher83 wrote: post #262

adrr wrote: post #234

Earlier quoted context omitted.

80% like their healthcare. I think a significant part of that 55% doesn’t realize that Medicare for all takes away their health insurance. It seems when people get educated on Medicare for all, it declines in popularity. https://news.gallup.com/poll/245195/americans-rate-healthcar...

I am not sure how how people like their health care. It seems like every big company is moving toward High Deductible plan. Even Microsft has a high deductible plan. Even if you think you are covered there will be a doctors who you think is in network because you go to an in network hospital who really is out of network.

Post by _curious_ » Thu, Apr 02, 2020, 2:56 PM UTC

PragmaticPulp wrote: post #218

themagician wrote: post #124

Earlier quoted context omitted.

In many places being unemployed pays more than being employed. Not sure why the downvotes. It’s literally true for the first time ever. The way the new benefits work out your unemployment check STARTS at the equivalent of $15/hr x 40hr/week = $600/wk. In California, for example, you can get up to $1,050/wk instead of the old maximum of $450/wk.

> In many places being unemployed pays more than being employed. You're being downvoted because you overgeneralized ("many places"), but this is actually true in some scenarios. See "Unemployed workers could get more than 100% of their paycheck under the coronavirus bill" https://www.cnbc.com/2020/03/27/how-unemployed-workers-could... It's a perverse incentive to getting people back to work, so I expect this loophole…

Post by _curious_ » Thu, Apr 02, 2020, 2:56 PM UTC

globular-toast wrote: post #200

PragmaticPulp wrote: post #31

Unemployment benefits have been significantly expanded under the Coronavirus aid bill. The benefit amounts will sound small if you're living in an expensive city like SF or Seattle, but $600/week from the federal government and a similar amount from state unemployment insurance means that unemployment benefits can pay up to an equivalent of $50-60K/year right now. That goes a long way in most parts of the country, es…

$600/week after tax is surely a massive amount and enough to give a family a very comfortable lifestyle. I always thought it was cheaper to live in the US than in the UK. That amount here would give you a luxurious lifestyle. What am I missing?

Post by fock » Thu, Apr 02, 2020, 2:58 PM UTC

MiroF wrote: post #278

fock wrote: post #118

Earlier quoted context omitted.

sick of hearing this silliness: https://www.ecodibergamo.it/stories/bergamo-citta/coronaviru... so yeah, they barely test half the dead people (which are still double the normal deaths...). And A LOT of covid patients means a lot of deaths as well, bc. at 1.3% (Diamond Princess, where people are still not through it/dying) to 5% letality, the thing IS BAD.

A cruise ship skews older and most people from Diamond Princess should be out of it by now.