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Sorry if this has been posted previously

Blu82Blu82 Member Posts: 1,655
edited May 2022 in Tug Tavern
I found it interesting to play with the numbers.

https://www.cnet.com/personal-finance/third-stimulus-checks-are-on-the-way-calculate-your-payment-while-you-wait/
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Comments

  • PurpleThrobberPurpleThrobber Member Posts: 46,722 Standard Supporter
    edited March 2021
    What discount rate should I use to NPV the massive negative cash flow from all the taxes and inflation related costs of living I'll be tossing out the window vs. the $1400 I won't get?

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  • Blu82Blu82 Member Posts: 1,655
    PurpleThrobber said:

    What discount rate should I use to NPV the massive negative cash flow from all the taxes and inflation related costs of living I'll be tossing out the window vs. the $1400 I won't get?

    Shouldn't make any difference what number you use.
    Slo Joe and his merry Men, women and various other sexes just pick a number and throw up.
    $2000?
    $1400?
    $1.9 trillion (9% for Covid, of course)
    Just pick one. It'll be ok.
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  • PurpleThrobberPurpleThrobber Member Posts: 46,722 Standard Supporter
    Blu82 said:

    show previous quotes
    Shouldn't make any difference what number you use.
    Slo Joe and his merry Men, women and various other sexes just pick a number and throw up.
    $2000?
    $1400?
    $1.9 trillion (9% for Covid, of course)
    Just pick one. It'll be ok.
    Excel exploded.

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  • 1to392831weretaken1to392831weretaken Member, Swaye's Wigwam Posts: 7,691 Swaye's Wigwam
    Blu82 said:

    show previous quotes
    Shouldn't make any difference what number you use.
    Slo Joe and his merry Men, women and various other sexes just pick a number and throw up.
    $2000?
    $1400?
    $1.9 trillion (9% for Covid, of course)
    Just pick one. It'll be ok.
    So when Trump's $2.2 trillion CARES act passed, were you equally pissed?
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  • PurpleThrobberPurpleThrobber Member Posts: 46,722 Standard Supporter
    1to392831weretaken said:

    show previous quotes
    So when Trump's $2.2 trillion CARES act passed, were you equally pissed?
    How much of that went overseas?

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  • greenbloodgreenblood Member Posts: 14,553
    USMChawk said:

    Oh look, more stimulus money I won’t get.

    I guess in a way, it’s a good problem to have
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  • BennyBeaverBennyBeaver Member Posts: 13,346
    Somehow we ended up with a small check during round 1 of COVID stim. I think it was because of the kids I still have as dependents. I didn’t really look into the why, I just divvied it up to them. They were impacted due to the part time jobs they had were cut. So it was good to give them some spending $.

    I didn’t need it. Honestly the kids didn’t “need” it either.
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  • PurpleThrobberPurpleThrobber Member Posts: 46,722 Standard Supporter
    BennyBeaver said:

    Somehow we ended up with a small check during round 1 of COVID stim. I think it was because of the kids I still have as dependents. I didn’t really look into the why, I just divvied it up to them. They were impacted due to the part time jobs they had were cut. So it was good to give them some spending $.

    I didn’t need it. Honestly the kids didn’t “need” it either.

    You sound poor.

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  • doogiedoogie Member Posts: 15,072
    Covid stiiimulous relief on average, totals almost $44,000 per taxpayer.

    You above or below average?
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  • GreenRiverGatorzGreenRiverGatorz Member Posts: 10,165
    edited March 2021
    PurpleThrobber said:

    show previous quotes
    How much of that went overseas?

    How much of it went to large corporations via direct funds or future tax benefits? Both bills are/were enormous and incredibly wasteful. This isn't the Tug - we acknowledge government waste of all stripes in this club.
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  • BennyBeaverBennyBeaver Member Posts: 13,346
    PurpleThrobber said:

    show previous quotes
    You sound poor.

    I guess so.
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  • PurpleThrobberPurpleThrobber Member Posts: 46,722 Standard Supporter
    GreenRiverGatorz said:

    show previous quotes
    How much of it went to large corporations via direct funds or future tax benefits? Both bills are/were enormous and incredibly wasteful. This isn't the Tug - we acknowledge government waste of all stripes in this club.
    so how much went overseas?
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