I think that is accurate, and my fear is the we haven’t seen the economic impact of the Covid situation because everyone is still making an equivalent of $80K. When the extra bump in unemployment finally runs out (we can’t keep paying the extra bump forever) we will see folks stop spending money and the real pressure of high unemployment on the economy. Just my guess though, someone probably has the numbers figured out somewhere.
Regards, David Coudron From: AF <af-boun...@af.afmug.com> On Behalf Of ch...@wbmfg.com Sent: Thursday, August 6, 2020 9:59 AM To: af@af.afmug.com Subject: [AFMUG] OT Political and I should probably not post this But at the risk of starting another brush fire... but I want to know: People laid of in Utah get unemployment benefits. I work hard to prevent those getting charged to me. But I know that the rates paid are $496/week max. That is Utah. So $12.40/hour take home. Equivalent to much more gross. Probably in the $17/hour range gross. Then if I understand it right, the feds were adding $600/week on top of that? $1096/week? $56,992 annual rate. Take home. Equivalent to perhaps $80K gross? So a laid off bartender gets the equivalent of $40/hour to sit at home, why would they want to work? The press and libs in congress have been freaking out about the conservatives saying the fat benefit package is an incentive to not try to work. I believe that to be true. Why would anyone work if they get that much for drinking beer and playing video games? Do I have this right? Does the fed benefit add to the state benefit? I have a son that lived on $1000/month for years while in college. He said he didn’t feel the pinch too much. Had roommates. Had a part time job. Never asked me for money.
-- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com
