Large segments of the American economy have been shuttered for nearly a month. Sixteen million Americans have already applied for unemployment. Many more have been furloughed or seen their pay cut. Around the country, businesses are struggling to survive.
"That means that, once the money lands in Americans’ accounts, banks could seize the cash “to pay off delinquent loans, overdraft fees, or other charges.” The money could also be garnished by private debt collectors."
The more I hear about this stimulus package, the more I think the US is circling the drain. Without a middle class, there is no "American dream" and every day, social inequality grows. The country will be made up of hedge-funders and serfs with nothing in between.
Thanks for uncoving yet more nitty-gritty, appalling details that I, for one, might miss if I weren't reading your articles...adds to my talking points with the deniers.
Sure Ter, (with massive eye roll) that sounds like a very essential service. DeSantis might want to check his bank account--there may be a (large) deposit.
I start my day with Popular Information. Provides so many valuable insights into what’s going on AND brings my blood pressure up to working levels immediately. Thanks.
Imagine sitting on over a billion dollars in assets and wondering about whether people who work for you should get paid.
"That means that, once the money lands in Americans’ accounts, banks could seize the cash “to pay off delinquent loans, overdraft fees, or other charges.” The money could also be garnished by private debt collectors."
The more I hear about this stimulus package, the more I think the US is circling the drain. Without a middle class, there is no "American dream" and every day, social inequality grows. The country will be made up of hedge-funders and serfs with nothing in between.
Thanks for uncoving yet more nitty-gritty, appalling details that I, for one, might miss if I weren't reading your articles...adds to my talking points with the deniers.
Maybe someday there will be good news again, but clearly, that will not be anytime soon. :-(
Sure Ter, (with massive eye roll) that sounds like a very essential service. DeSantis might want to check his bank account--there may be a (large) deposit.
I start my day with Popular Information. Provides so many valuable insights into what’s going on AND brings my blood pressure up to working levels immediately. Thanks.
Shaking my head. Debt collection gets the stimulus check. The poor man gets another kick in the teeth.