Worthee Members were asked whether they felt the expected $600 stimulus checks are enough.
38% of the 240 who responded said yes… that’s enough. Which is great!
Unfortunately, 62% said no… $600 is not enough. This didn’t surprise us. Millions of people have been unemployed for months. Many more have been “under-employed”, working less hours as demand has dropped, especially at in-person restaurant and retail businesses. Mall and airport workers have been decimated.
Even at $12/hour, an employee working 30 hours per week makes $600 after tax in about two weeks. So while every dollar counts, $600 is definitely “not enough”.
For now, most of us will simply need to accept the $600 and be grateful it isn’t zero.
But in 2021 and beyond, with online skills development, education, and training becoming so much more effective than in the past, many of us who take the initiative will have the ability to increase our income and our wealth providing some cushion for the next crisis or tight spot.
Not to say that what’s happening is fair. There are hard workers who work full-time who haven’t gotten the breaks that every successful person needs to build a financial cushion… and we should not forget that the economic structure in this country favors those with capital ($$) and power and increasingly so with each passing day. There are many ways to get involved and have your voice count towards changing this inequity. One small but important example is the Fight for $15 organization… $15/hour is not enough to avoid needing the $600 stimulus check, but its sure better than the national minimum wage of $7.25 per hour that is still in place. It’s a step in the right direction, and anyone reading this who cares about those working in hourly positions should look into how to support Fight for 15 this year.
One way to start?
In the meantime, enjoy the $600… it doesn’t fix the situation, but everything helps.