General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThose R Pols who are against extending the $600 UI benefit EACH make at least $174,000 a year
$174,000 a year. Thats the base salary for a US Senator or House Rep.
Mitch McConnell is worth $34-million and is paid $193,400 a year as Senate Majority Leader.
Yet, the Rs believe that giving unemployed Americans $600 a week ($2400 a month, $31,200 a year) is too generous, and a disincentive to going back to work, even though most of those unemployed have lost their health insurance along with their jobs - a major part of any workers financial reality that never seems to get mentioned by the too generous crowd.
BTW: $600 a week = 40 hours a week @ $15 an hour. Basically, what a minimum wage job SHOULD pay in 2020. Minimally. In short, Rs think people getting the equivalent of MINIMUM WAGE is being too generous.
Do we ever stop to think just how obscene this all is?
Brainfodder
(6,423 posts)One major problem from deeper hole then 1 might expect to ever get out of, all caz of greed in that whole industry in the U.S. and one that should be taken over, IMHO, entirely for the good of the citizenry since we are all really involved and paying 2-3x more than we should for it?
The rich will still have every advantage no matter what, the cost is too fucking high for all!!!!
Pharma companies get tax payers funding their R&D and then turn around and rip us off on prices?
WTF is the outrage and protesting on THIS?
LonePirate
(13,431 posts)They dont want people sitting home and not spreading this virus because the Repubs wealthy benefactors do not make money when people stay home. They believe humans lost due to the virus can be replafed; but they cannot replace lost income due to shutdowns.
Hoyt
(54,770 posts)to over $51,000. That is one of the things that have helped prop up the economy.
I'm all for extending the $600, although I'd bet that the GOPers will put a cap on it such that the combined payment can't be more than one's average/typical wage before the pandemic.
stopbush
(24,396 posts)Here in CA, the max is $450 a week. And not everyone gets the max.
Unemployment generally pays 50% of your weekly gross income, so, if you are making $10 an hour, expect to receive $5 an hour in UI benefits, or $200 a week.
Also, if the GOP is going to cap your benefit based on what you actually make, what happens if you live in CA where your fulltime job was paying you $3000 a week? Do you get $1500 a week instead of the $450+$600?
Hoyt
(54,770 posts)with combined fed and state funding until the end of July.
If the person was making "$3000 week," in your last example, that's over $150,000 a year. I'm sorry, I don't think any unemployment plan should replace that much income.
If you meant $3000/month (equivalent to $36K a year), you'd get $36K under the fed plus state plan if feds had a cap.
stopbush
(24,396 posts)its what you keep.
As far as getting $40k as opposed to $20k - only if the Fed $600 runs for 52 weeks. As it is now, it expires after about 20 weeks. And as it is now, that person making $20,000 in CA will be down to $192 a week in UI benefits if the $600 isnt extended.
Hoyt
(54,770 posts)stopbush
(24,396 posts)BTW - median middle-class income in CA is $77,000.
Average rent runs 70% higher than median in the rest of the country.