$3,600 is the equivalent of more than 12-weeks of pay at minimum wage and a 40-hour work week.
If you presume this will be non-taxable, it’s actually more. So, we’re - once again - incentivizing people not work. What could possibly go wrong?
Hey, is anybody else old enough to remember when Bill Clinton and a Republican Congress ‘ended’ welfare? Good times.
My wife has been supporting her shiftless daughter (35 never had a job) and her professional student SIL. I mentioned this to her as it looks like they will be piling in another 8K, non taxable. I hinted perhaps you should consider mentioning they need pay part of their rent.
She said her SIL will be done with his AA degree in a few months at which point he should land a decent paying job in nursing. I said so consider this, when he does and you drop the rent payment, they don’t qualify for food stamps, and you stop paying for sundries like car insurance (and a car when the time comes), do you seriously think you are going to be able to retire like you are planning?? I said the over under on your work future is 5 years at which time you will be 70 or dead.
She did not take the bet.
Yep. They turned everything into a disability instead and swapped out welfare checks for SSD checks.
And at the same time helped China with most favored nation status, passed NAFTA and GATT. Throw in the multiple amnesties they pimped out as well and it was almost like a plan to destroy the middle class without any plans from the government to help the fall.
Remember, that is for one kid.
I know people who have 5,6, 7 kids.