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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat will happen when the unemployment benefit payments end in several months?
Right now I get the impression that's the only thing still holding our society together but it's going to end for most people in several months. There's no sign of any 2nd stimulus act passing anytime soon either. Are we screwed and will see even worse riots in August/September?
rzemanfl
(29,540 posts)jorgevlorgan
(8,232 posts)Announced next week. A lot of states have unemployment benefits extended till I think, at least January and might extend further out if necessary. Hopefully the bill announced next week will keep us afloat, and the extra unemployment extended.
Moostache
(9,895 posts)At least in that dystopian world, they only had a fucked up totalitarian state and famine conditions...we get the added benefit of a pandemic disease run amok at the same time the clock is running out on our chances to prevent even more calamitous climate related issues in the near future...
Time to find District 13 and volunteer for the resistance I think...
themaguffin
(3,805 posts)HotTeaBag
(1,206 posts)and if it happens the economy (such as it is) will deeply, deeply tank.
Much less money moving around, very few mortgage, car, credit card payments - people won't be able to buy things like uh, food.
It will be horrific.
But, I think the Senate Republicans will go ahead and extend the benefits, even if it's at a lower amount than the additional $600.
Sherman A1
(38,958 posts)pretty quickly.
roamer65
(36,739 posts)Great Depression II, the Sequel.
Wellstone ruled
(34,661 posts)Those whom loose their Bennies in September will be crap out of luck until November 4th. With the election behind,Moscow Mitch will be forced to pass emergency legislation to make people whole by December 15th.
And we now know Mitch will do everything possible to leave one f--d up economy for Biden. That is a give.
forthemiddle
(1,373 posts)And maybe even another stimulus check, but nothing more.
I dont think we will get unemployment enhancement through January (probably September), but we could get short term and Congress will have to decide if thats enough for now.
Blue_true
(31,261 posts)Maybe something slightly less than $600 per month. They dont want an election issue where broke, angry people finally hold republicans asses accountable.
GulfCoast66
(11,949 posts)By the end of August we will have epidemic hunger and homelessness.
Not extending the benefit will hurt trump worse than the virus.
MichMan
(11,789 posts)When I was laid off in all of 2009, the max amount in Michigan was $362 with no additional federal supplement. It is still the same $362 eleven years later.
I would think the blue states could step up by increasing the amount they pay every week substantially to help people and their own state economy. This would also show people in the red states see what happens when Democrats are in charge.
Victor_c3
(3,557 posts)Give things a couple of months without expanded benefits and thatll translate directly to a huge number of delinquent mortgages, evictions, foreclosures, etc.
Trenzalore
(2,331 posts)and
Without the extra 600 a lot of people are going to not pay their rent/mortgages and overwhelm food pantries