"Sales" at Sam Ash fire sale?

[spawnofthesith]

I seem to remember at most, it was 3 checks, that didn't even total a typical mortgage payment.
If you're not working, that doesn't seem like wads of cash.

At least lately I haven't heard anyone claim that "deadbeats" are still somehow living off those checks 3+ years later and thats why they refuse to work


But I also haven't been in the "Pub" section of TOP lately either

 

[spawnofthesith]

For the record, I promptly bought an LP and a tele when the stimmies dropped. The LP still cost more than all 3 combined IIRC tho

 

[AutomationBias]

At least lately I haven't heard anyone claim that "deadbeats" are still somehow living off those checks 3+ years later

JP Morgan CEO Jamie Dimon in a Wall Street Journal interview three weeks ago: "The consumer's in pretty good shape right now. Unemployment's under 4%, it's been there for two years. They still have excess money from COVID."

 

[DrewJD82]

JP Morgan CEO Jamie Dimon in a Wall Street Journal interview three weeks ago: "The consumer's in pretty good shape right now. Unemployment's under 4%, it's been there for two years. They still have excess money from COVID."

TIME TO JACK THOSE INTEREST RATES UP, BOYS! GET EVERY LAST DROP OF THAT $1200 FROM 4 YEARS AGO!

Now if they’re talking payouts from PPP loans, that’s a different story!

 

[OrganicZed]

I seem to remember at most, it was 3 checks, that didn't even total a typical mortgage payment.
If you're not working, that doesn't seem like wads of cash.

There were a fair number of people who continued to get paid from their regular job because they were able to work from home.

Obviously, many people lost their income during the lockdowns as well. I have family that was in that very situation and it was not good.

On the flip side, my in-laws are both retired and have social security and pension income that was unaffected by the situation. The cash payments were entirely supplementary.