STIMULUS CHECKS MAY BE DELAYED AS TRUMP REQUIRES U.S. TREASURY...

[Jayou Ayen]

Piece of shyt

couldn’t get his name on that Obama care , so it’s put my name on these checks so the American people can know who gave them money

And you know he’ll bring it up as a talking point later, “I gave you $1200, which is more than Obama ever did for you”.




39

 

[Kyle C. Barker]

How do you know “ the lower class” doesn’t have direct deposit?

back in the day when I was a dishwasher for a restaurant , they had direct deposit

when keeping it liberal goes wrong

25% of the working population don't have bank accounts.

So yes, even though that restaurant you washed dishes at offered direct deposit you can't just assume that all of your coworkers actually made use of it.

Why? Because a career dishwasher may struggle to maintain the minimum balance in said account. If you were getting hit with daily fees while working minimum wage you'd probably abandon it too.

That actually seems to be the common theme when people at that level try to maintain a bank account.

 

[feelosofer]

A lot of people still get checks in the mail this is silly.

 

[Xerces]

.... I'm obviously talking about the lower class people that don't have direct deposit.

And where are you getting this info to make the statement you did?

 

[Cat piss martini]

 

[Xerces]

25% of the working population don't have bank accounts.

So yes, even though that restaurant you washed dishes at offered direct deposit you can't just assume that all of your coworkers actually made use of it.

Why? Because a career dishwasher may struggle to maintain the minimum balance in said account. If you were getting hit with daily fees while working minimum wage you'd probably abandon it too.

That actually seems to be the common theme when people at that level try to maintain a bank account.

In every bank I’ve dealt with the minimum balance was 10.00. So, I feel your statement is a little bit of stretch pertaining to minimum balances. However, this is neither here nor there.

The individual I quoted, was being fake outraged over something that wasn’t true, and low key generalized “ low class” individuals as not being able to attain direct deposit, so this was somehow a “scumbag move by Trump” to take credit.

Which even if that was True who cares it’s money you didn’t have. When I get birthday cards I briefly read over them, get the money, and set the card a mantle

 

[Xerces]

He is

 

[Sex Luthor]

And where are you getting this info to make the statement you did?

Twenty-five percent of U.S. households are unbanked or underbanked, according to a 2017 survey by the Federal Deposit Insurance Corp. Those are people who either don't have a bank account, or have an account, but still use financial services outside the banking system like payday loans to make ends meet.

Why are the numbers so high?

More than half of unbanked households cited not having enough money to keep in an account, 30 percent said they don't trust banks and 9 percent reported banks are in an inconvenient location, according to the survey. Between 2014 and 2018, 1,915 more branches in lower-income areas closed than were opened, according to data from S&P Global.
25% of US households are either unbanked or underbanked

The majority of the unbanked and underbanked are American-born while a growing number are immigrants where the two groups have low income as a commonality and lack the minimum balance to open checking and savings accounts.
Unbanked - Wikipedia

Additionally, bank overdraft fees disproportionately burden low-income customers and are one of the main reasons why people decide to live without an account. That’s seven percent of all Americans, but it represents 18.7% of families earning under $30,000, compared to only 1.1% of families earning over $50,000. Eighteen percent of African-Americans are unbanked, compared to only 3% of whites.
This Nasty Bank Fee Makes It Much Harder to Climb Out of Poverty

Any other questions? Do a little research before you try to refute anything someone says.

 

[Sex Luthor]

In every bank I’ve dealt with the minimum balance was 10.00. So, I feel your statement is a little bit of stretch pertaining to minimum balances. However, this is neither here nor there.

The individual I quoted, was being fake outraged over something that wasn’t true, and low key generalized “ low class” individuals as not being able to attain direct deposit, so this was somehow a “scumbag move by Trump” to take credit.

Which even if that was True who cares it’s money you didn’t have. When I get birthday cards I briefly read over them, get the money, and set the card a mantle

The "scumbag move" by Trump isn't that they don't have accounts. It's that he's using this stimulus package to help his future campaign. No other president in history had their name on anything leaving the federal reserve. His name on the check is like advertising.

You misunderstood what you read and tried to fact check me. I didn't say anything about Trump keeping people from getting accounts.

Edit: he literally just said "Americans would be happy to get a big fat check from me with my name on it". They asked why is his name on the checks. If thats not advertising i dont know what is.

 

[ultraflexed]

you elect a clown, now deal with the jokes

Fixed

 

[G.O.A.T Squad Spokesman]

fukking liar