Unemployment and "stimulus" payments do not come even close to making up their losses. People at the low end of the economy are not going to catch up.
Government caused this. Government is making it worse by sponsoring massive inflation to pay for those "stimulus payments". Prices for everything have already started rising.
"We're advising all of our customers to invest in canned goods and shotguns" (Gremlins, 1984)
Way too many people were out work for 6 months or more when their employers were shut down as a “non-essential business”.
Unemployment and “stimulus” payments do not come even close to making up their losses. People at the low end of the economy are not going to catch up.
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Just wait for the judgements and wage garnishments. I’m betting a lot of people won’t return to work as they face a 25% wage garnishment for past due rent, as well as a bank garnishment (that can take all a debtors bank funds with no limit).
Unemployment money and stimulus money (the first two rounds) are judgement-proof.
At least in Denver, the scumbag property management companies have 2 numbers on speed-dial. One is their eviction lawyer, and the other one is a debt collection agency.
So people returning to work face trying to live on $217.50 a week, while landlords can take the rest. And also pay for new housing. So incessant whining about landlords not getting paid is false. It’s called a wage garnishment.