With so much information available and so many sources reporting – it is hard to really know what is going on around the world.
The question is – should we be concerned about what is happening around the world – or just what is happening in our own community. (Global Community? – With 7 Billion people? How about the ‘Fact’ that most people don’t even know their neighbors living next door!)
Anyway – there have been many “shootings” – some are pure hatred, some are for protection – but many more are due to greed and avarice. Let’s consider that our Government (Now led by the Socialist-Liberal leaning Democratic Party) has over the past full year (April 17, 2020 was the first date stimulus checks were issued) payments totaling: $867 Billion of the Total Stimulus spending of:
Cares Act: $1.8 Trillion (Less than reported because some are loans that will be paid back!)
Consolidated Appropriations Act: $2.3 Trillion
American Rescue Plan Act: $1.9 Trillion
Lets see – that means total of $6 Trillion – and of that only $867 Billion is going directly to Citizens – and if we are conservative (When as a democrat ever been conservative with tax payer money?) – We can use the American Rescue Act as the criteria for who gets a check. (Single $80k, HOH $120K, Married $160k,) There is a phase out from a bit less – but we are just estimating here anyway)
Cares Act ($292 Billion for checks – where did other money go?)First Round: $1,200 per person and $500 per child in households (Family of 4 received $3,400 = $1,200 + $1,200 + $600 + $600)
Consolidated Appropriations Act ($164 Billion for checks?)Second Round: $600 per person and $600 per child in households(Family of 4 received $2,400 = $600 + $600 + $600 + $600)
American Rescue Plan ($411 Billion for Checks)Third Round: $1,400 per person and $1,400 per child in households
Using the criteria and payments: Of the 128,451,000 Households in the US (US Census 2019 Estimates) 34,067,000 make over the $120k HOH amounts. (Note: Did you know according to the census, anyone living alone are HOH – head of their own household!)
So that means 94,384,000 Receive Checks. or $867B/94,384,000 = $9,186 per household.
Now to my point of this writing.
If every household where most were working month to month for living expenses were to all within a year have over $9,000. What will happen??
Can we assume that some of the people with this money are ethical, moral, and not criminal?
Lets face some fact – the Bureau of Justice Statistics reports that victimization rates in households making $25,000 per year is double that of households making $50,000 per year.
So, our Government has provided every household with extra money. And, another fact is that about 30% of Americans have an arrest record (Beyond traffic violations) – Your question: What are the odds that many of the criminal acts and shootings today are a result of “Stimulus” money added to Society? (This is beyond the sensational shootings the entertainment media promotes and everyone with a digital voice wants to comment on!)
Folks – if you add quick money to a society – there will be those who want to take it away from others, or take away “things” purchased with the money. There are obvious prior history similarities – our Government does not consider – for example: According to the National Endowment for Financial Education, about 70 percent of people who win a lottery or receive a large windfall go bankrupt within a few years.
Giving away money may be an overall stimulus for an economy – but there WILL BE side effects. And in a society where close to 225 Million people have extra money – the side effects will be high in number!
Bet none of you thought about the side effects of giving away money!
Some sources:https://www.pgpf.org/…/what-to-know-about-all-three….https://www.heritage.org/…/how-big-the-covid-19-cares…https://home.treasury.gov/…/fact-sheet-the-american…https://www.congress.gov/…/116th…/house-bill/648/texthttps://www.census.gov/…/incom…/cps-hinc/hinc-02.html…https://www.wsj.com/…/how-many-americans-have-a-police…https://www.washingtonpost.com/…/742b9662-2664-11ea…