Fourth stimulus: Sens. Ed Markey, Elizabeth Warren push President Joe Biden for $2,000 monthly check

[TexasTowelie]

Fourth stimulus: Sens. Ed Markey, Elizabeth Warren push President Joe Biden for $2,000 monthly checks


Nearly two dozen U.S. senators now want the federal government to send recurring COVID-19 stimulus checks to tens of millions of Americans for the duration of the pandemic.

In a letter led by Sen. Ron Wyden of Oregon and including Massachusetts Democrats Sen. Ed Markey and Elizabeth Warren, 21 lawmakers on Tuesday pressed President Joe Biden to include monthly payments and automatic extensions to unemployment insurance in his future recovery efforts, which are expected to cost up to $4 trillion.

“A single direct payment will not last long for most families, and we are worried about the cliff facing unemployed workers when the unemployment insurance extensions expire on Sept. 6,” the lawmakers wrote, referencing the $1,400 payments and jobless aid in Biden’s $1.9 trillion American Rescue Plan. “This crisis is far from over, and families deserve certainty that they can put food on the table and keep a roof over their heads. Families should not be at the mercy of constantly-shifting legislative timelines and ad hoc solutions.”

When Markey and Sen. Bernie Sanders and then-Sen. Kamala Harris proposed monthly COVID-19 stimulus payments of $2,000 last year, the idea didn’t gain much traction.

Read more: https://www.masslive.com/coronavirus/2021/03/fourth-stimulus-sens-ed-markey-elizabeth-warren-push-president-joe-biden-for-2000-monthly-checks.html

[qazplm135]

1. What's the duration of the pandemic?

Is it until herd immunity? If so, we're only a couple of months away.

Is it some other measure?

I seriously doubt such a bill would pass even the House, much less the Senate.

[padfun]

2. Really, we should all just get a check every month.

Since we use machines to do almost everything except shuffle paper around (which is what most office work is now days) we only need a few people to fix and run the machines.

Today, we have 20,000 workers work for each individual. A car moving 60 mph and going 300 miles would have taken countless workers (or slaves) if we were pre-industrial and that is half of that 20,000. We have machines that make our food, make almost all supplies and even dig up everything we could use. Most work today is to service our gluttony, sell each other houses, or make useless shit. Almost all of it is non productive.

So why not give everyone a salary and people can either, sit on their asses, take classes and learn physics, invent things, do artwork to decorate places, or create music. We just waste away our time doing mundane tasks and get paid a ridiculous sum of fiat anyway.

Right now, we are just wage slaves.

[KPN]

3. The current housing market is going to collapse without something

like this. Maybe the stock market as well as economic demise of the middle/working class continues, pandemic driven or not.

How is it that home values as reflected in the current real estate market have increased by 50 to 100 percent in many market areas over the past 12 months or so? How is it that the stock market has gone up so much since the lows of March 2020?

Something is out of whack. Worker income has declined over that same period. Has it not?