General Discussion
In reply to the discussion: I'm a bit confused. My wife and I made slightly less than $150,000 last year. [View all]George II
(67,782 posts)...states in the country, Connecticut. We live reasonably comfortably on that income, but at this point in our lives our day to day expenses are much less than when we were working.
People are mistakenly interpreting all the numbers going around as though at certain points people are not getting checks at all. No, they're getting reduced checks. They're going to be on a sliding scale. All that is changing from the "trump" checks of last year is the reduction is going to be a little steeper, but to mitigate that, from what I read, the upper limit is going to be $160k/$80k, not the original $150/$75.
I've seen today that some claim that an additional ~30 million people will NOT get anything and ~6-7 million children will be cut off. That simply is not true. Very few people, if any, who received the first rounds of checks will be cut off at all. What might happen is that people at the upper end of the scale might be getting less than before.
I've also seen some saying that there are some cities in the country where $150,000 or $160,000 is "lower middle class" (yeah, I read that ON THIS SITE!) I'd like to know what cities those are. Plus, if people can't make ends meet with $150,000 then certainly another $1400 isn't going to pull them out of the hole they've dug themselves into.
Finally, although we're not as generous as you, last year we gave about half our check to our local Hartford area food bank, and once we get our second installment to top off at $2000, we'll do the same. To us the check is a bonus, or superfluous as you say.
It's not going to make much of a difference in our lives, but the money the food bank receives can make a huge difference in others' lives. They do a great job buying in bulk. They say that every dollar they receive can provide 2-1/2 meals. It breaks my heart to see cars lined up for hours just to get a box or bag of food.