Since jobs are unlikely to return, Do u think there will be a 3rd $1200 stimulus

[Twentyonepaylots]

I understand why you think that jobs won't return in the USA considering the fact that unemployment rates have risen to an all time high thanks to the Corona and the job situation was already pretty bad pre-COVID, but all of that could change if Biden becomes the President.

If we are going to rank countries on who is the most hit by the virus it will be the America upon looking on their statistics there are millions of them that has the corona virus. Unemployment is rising, and they can't just get to the normal with the number of active cases that they have. And there will be more likely to have a last batch of this stimulus check, they gotta do what they gotta do.

Trump is doing a lousy job currently and am not expecting much from him in the future which is why Biden could turn things around.

How do you say so? I'm not pro-trump or whatsoever but I guess they are all trying in this time of pandemic, he still got a family to keep safe.

[dothebeats]

It could happen honestly, due to a lot of things still going pretty haywire on that side of the globe. Add to that their situation which isn't getting any better at all for the last few weeks, and a lot of people are still losing their jobs day by day. The government might send yet another stimulus check, just to offer a temporary solution to the woes of the unemployed and those who are severely hit by the pandemic. Though that might be the case, we still aren't sure what course the Trump administration would take in addressing this problem further. It's not just the citizens who are asking for financial assistance but also other industries that are badly hit by the stoppage of the economy. Things aren't looking pretty neat for the Americans unfortunately, and might not be for the next year or years even.

[Reatim]

It could happen honestly, due to a lot of things still going pretty haywire on that side of the globe. Add to that their situation which isn't getting any better at all for the last few weeks, and a lot of people are still losing their jobs day by day. The government might send yet another stimulus check, just to offer a temporary solution to the woes of the unemployed and those who are severely hit by the pandemic. Though that might be the case, we still aren't sure what course the Trump administration would take in addressing this problem further. It's not just the citizens who are asking for financial assistance but also other industries that are badly hit by the stoppage of the economy. Things aren't looking pretty neat for the Americans unfortunately, and might not be for the next year or years even.

With this pandemic that continuously hitting the country, this temporary solution may help surviving this economic crisis.

People needs assistance as many are losing their jobs seeking help and aside from that you already mentioned those businesses are also calling
for help, it's a test of leadership and how the Trump administration will bring the nation.

[Yatsan]

It would still depend upon the development of the situation if there is still in need of that. If so, that 3rd stimulus of $1,200 must only be given only to those who are directly affected by the loss of job and still cannot get back to work even on the existing new normal protocols which inhibit the slow opening of the economy on which business establishments and work places are now getting into operation to provide jobs to the people who have loss their job permanently because of the pandemic.

If that would be the case to focus the 3rd stimulus to the directly affected, then the government will have less expenses for the number of beneficiaries will be lessen because of some people are already getting back to work and can earn their own money. But while the economy is still struggling to get up because of unemployment, I think there is still in need for a stimulus as long as government can do provide.

[MCobian]

Don't solve economic problems with a stimulus check, this will not make the economy recover. That is in the long run
can have a bad impact, because printing money continues to create hyper inflation. There are several ways by helping
to improve the economy, such as helping industry in the agricultural sector, it can improve the economy. Because the food
ingredients needed by many people currently, the demand in the agricultural sector is high enough that it can provide
many job vacancies.

[verita1]

The situation in the United States warrants taking these measures or any other to help the people who need it most in that nation. The contagion by Covid19 does not show that it will decrease soon there as we can see it with the new cases of infected people that are registered daily.
Unemployment is very high and to survive the most vulnerable population needs help from the government.
Only a Covid19 cure will bring us all back to normal.

[Febo]

how about a 4th $1200 stimulus check. A 5th $1200 stimulus check. A 10th stimulus check. How many times will this do this? infinate stimulus check?

When will be 2nd? I see many talk about it but where is it?


To give every citizen money is best what can happen.- But usually money is given only to rich. Business owners. Now and latter when they will need to get bailed out.

[Kemarit]

As long as there are money that can be given by any government to help alleviate the negative effects of Covid-19, I think they will do that. But the problem will still not solve anything, on the contrary it will just make it worse when they run out of money and started to print new one that will cause a massive effect on the economy. That is why it is very difficult time not just for the people, but for entire world because we are just a couple steps away from a looming financial crisis that has not been seen for decades.

[rodskee]

Don't solve economic problems with a stimulus check, this will not make the economy recover. That is in the long run
can have a bad impact, because printing money continues to create hyper inflation.

If there's no available vaccine and no concrete plans coming from the government in long run
this will only adds a problem to economy.

There are several ways by helping  to improve the economy, such as helping industry in the agricultural sector, it can improve the economy.

Good point, places that still free or only got small numbers of infections, they can improve
this industry to support the daily needs.

Because the food ingredients needed by many people currently, the demand in the agricultural sector is high enough that it can provide
many job vacancies.

And like what  I have mentioned above, this also helps the daily needs of the people
in terms of supplying foods.

[CaVO32]

Don't solve economic problems with a stimulus check, this will not make the economy recover. That is in the long run
can have a bad impact, because printing money continues to create hyper inflation.

If there's no available vaccine and no concrete plans coming from the government in long run
this will only adds a problem to economy.

There are several ways by helping  to improve the economy, such as helping industry in the agricultural sector, it can improve the economy.

Good point, places that still free or only got small numbers of infections, they can improve
this industry to support the daily needs.

Because the food ingredients needed by many people currently, the demand in the agricultural sector is high enough that it can provide
many job vacancies.

And like what  I have mentioned above, this also helps the daily needs of the people
in terms of supplying foods.

Some vaccines dedicated for covid are already in the final stage of its development. So hopefully, the sooner it will be available for public, the better for all of us so as to slowly return the economic activities in the community. The vaccine will give us a lil bit peace of mind when mingling with people and if we are at work, we can't really totally avoid interacting with people.

https://www.nationalgeographic.com/science/2020/05/moderna-coronavirus-vaccine-how-it-works-cvd/

https://www.nationalgeographic.com/science/2020/07/oxford-vaccine-enters-final-phase-of-covid-19-trials-in-brazil-cvd/

And mentioning agricultural sector, not only those who own large fields are into gardening during this pandemic. Just look at various articles discussing about their gardening experience during this pandemic. It is really heartwarming to see that finally a lot of people are appreciating the forgotten practice of mankind to be self-sufficient. You can also watch a lot of YT videos showing their garden or harvest and all types of DIY tips in gardening.

https://www.earthisland.org/journal/index.php/articles/entry/covid-gardening-boom-about-more-than-food/
http://aiph.org/aiph_new/gardening-will-keep-you-well-during-the-coronavirus-pandemic/
https://www.marketwatch.com/story/this-earth-day-especially-remember-plants-are-non-judgmental-what-its-like-to-start-gardening-during-a-pandemic-2020-04-22

But on the note about 3rd stimulus aid, I don't think it will happen. As the vaccine is getting to be released soon, and businesses slowly going back to its operations, releasing 3rd one is hard for the government's pocket.

[ChiBitCTy]

I think it all depends on how much longer we have to go through this pandemic.  It depends on whether people want to start following protocol and getting this shit over with or not.  I think a 2nd stimulus check is a certainty, anything past that is hard to say with everything going on, being that things change by the second.

[cryptomarcianos]

Why not I see no worry as long as "they" hav the money printer. Brrrrr is too easy.

[DoubleEdgeEX]

Non-american here, but I just found this article. Doesn´t sound too good actually - https://www.forbes.com/sites/nicholasreimann/2020/08/09/poorest-americans-unlikely-to-qualify-for-400-a-week-unemployment-checks-report/ 

[Vishnu.Reang]

I am not a big believer of these stimulus measures. From what I have seen, most of the times the stimulus money ends up with the rich corporations and the ordinary workers hardly ever get any benefit out of it. A perfect example is the case of the 2008-09 recession, when most of the stimulus money ended up with the bankers and the Wall Street giants.

[imstillthebest]

I am not a big believer of these stimulus measures. From what I have seen, most of the times the stimulus money ends up with the rich corporations and the ordinary workers hardly ever get any benefit out of it.

not familliar with this but it goes like they are being distributed first on the companies then companies will hand out the money to the workers ? if thats how it goes we cant still judge them because there are honest people out there that will hand out the money in a fair way  . they know that people also need the money badly during these times  .

A perfect example is the case of the 2008-09 recession, when most of the stimulus money ended up with the bankers and the Wall Street giants.

ah , this isnt the first time they give stimulus ?  rich people will onlly get richer but poor people are only going to get poorer if what your saying is true  

[thesmallgod]

Jobs are already returning according to a report by the USA https://www.ontownmedia.com/coronavirus_pandemic/national-unemployment-rate-falls-for-third-straight-month-as-economy-adds-1-8-million-jobs/article_5babbc81-3fda-5438-930f-1e67ee470495.html there has been a continuous decline in unemployment rate meaning that if this continues and there are good news regarding covid19 vaccines particularly those that are in the third phase of the trial, they may not be any stimulus package

[Vishnu.Reang]

I am not a big believer of these stimulus measures. From what I have seen, most of the times the stimulus money ends up with the rich corporations and the ordinary workers hardly ever get any benefit out of it.

not familliar with this but it goes like they are being distributed first on the companies then companies will hand out the money to the workers ? if thats how it goes we cant still judge them because there are honest people out there that will hand out the money in a fair way  . they know that people also need the money badly during these times  .

A perfect example is the case of the 2008-09 recession, when most of the stimulus money ended up with the bankers and the Wall Street giants.

ah , this isnt the first time they give stimulus ?  rich people will onlly get richer but poor people are only going to get poorer if what your saying is true  

If I am not wrong, a large part of the stimulus amount went to banks such as Goldman Sachs and JP Morgan, in order to recapitalize them. And the very next year, the top officials of these banks were being given multi-billion bonuses, so that they could go for family vacations to exotic destinations such as Seychelles and Dominica. I am not denying the fact that some of the money ended up with the other companies, who in turn distributed them to the workers.

[odolvlobo]

The U.S. government will continue the payments for as long as one party or the other believes that they can buy the election. Both parties will claim credit for the payments and neither side will oppose them.

[allahabadi]

Not an expert on USA politics, but I think that Trump will try to give another check... Cause it's election year...

[zasad@]

Please tell me how the unrest in the United States affects the economic situation?
In Russia nowadays a lot of videos are shown from Chicago, where people are robbing shops, and the number of criminals is growing because people have no jobs.
Is it widespread or does television make an elephant out of a fly?