Showing posts with label Stimulus Monies. Show all posts
Showing posts with label Stimulus Monies. Show all posts

Tuesday, March 23

COVID Relief Stimulus

My wife and I have received individually the following monies:  $1,200, $600, and $1,400 for a total of $3,200 each or as a couple $6,400...  and, while we are appreciative for these tax payer funds, we did not need the money in order to pay our monthly bills or to compensate for not working because both of us have been retired for a little over 5 years and were currently relying on Social Security Payments as well as our Savings as well as a Trust Fund that was set up for us by our parents.

Neither my wife nor I live HIGH ON THE HOG as they saying goes but we have enough money each month to pay our bills, save a little money, go on 6 weekly vacations each year, and go out to a restaurant once or twice a week...  we also have sufficient funds to pay for any unexpected expenses that we have already encountered or will encounter in the near future.

While COVID relief packages by both the Trump and Biden administrations have been received, all of these monies are in our savings account and there are no plans to spend these monies anytime soon.  Of course, one could easily say that we are spending these monies and saving our other monthly income, but the fact remains that we did not need these monies to survive and will not be spending these monies to somehow improve our lifestyle

OFF THE RECORD:  I am really concerned about our Government Spending and how our National Debt is increasing to the point that it will be financially dangerous for America.  This concern targets both parties and is seen as being financially irresponsible.  However, regardless of what happens to our Federal Government and our National Debt and potential consequences, it will not impact my wife or I to any great extent...  which is exactly why we continue to save money.

Friday, May 1

Back to Work?

Our Federal Government has given so much money to the American Worker that on average, these American Workers can generate more income staying at home than they can generate going back to work...

The Democrats are standing up cheering!!!

Of course, I do not know this for sure, but I suspect that this is what they wanted all along...

HOWEVER, at some point-in-time, Americans will have to return all this money that has been borrowed and redistributed out to them...

What does that mean?

INCREASED TAXES...

If the wealthy are forced to pay more taxes what do you think they will do?

  • Put more money into tax free accounts
  • Shelter more money in off shore, non taxable, accounts
  • Reduced money given to businesses and industries
  • move operations overseas
  • Lay off employees

People want to return to work...
Medical experts say this should not happen...
People claim that their civil rights are being violated...
I say let them do what they want to do and take their own chances...