Rep. Thomas Massie: The stimulus package that just passed is the biggest wealth transfer from common folks to the super-rich (Wall Street and bankers) in the history of mankind. Done in the name of a virus with $1200 checks as the cheese in the trap. This will be obvious in short order.

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[–]RickC-137 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (2 children)

Yeh because having jobs to come back to isn't important.....it's the size of the check.

[–]socialmediaisa 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

There are still many smaller businesses that might not survive. As unemployment numbers rise, even 'safe' companies will be incentivized to churn out older positions for new hires that will be cheaper due to mass unemployment.

Though to some extent, inflation will counter this, they will just not give raises and your salary will be worth less effectively.

[–]RickC-137 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Your job is the most important thing next to your health.