Nice why they may be forced to issue a fourth stimulus check specifically focused on fixed income beneficiaries of Social Security, including retirement, disability, SSDI survivors, SSI, VA, and RRB. I have all the details and what you need to know right here in the topic. All right, so as of recently, there has been a lot of increased evidence piling up in regards to a fourth stimulus check, as well as additional information pointing toward a fourth stimulus check specifically focused on all of those beneficiaries I mentioned just a few seconds ago. So in this topic, I want to talk you through all those details, and let you know where we currently stand and why they may be forced to issue a highly focused forced stimulus check for fixed income beneficiaries.
I am your one and only daily advocate. I’m here for you each and every day, right by your side, helping you out in any way that I possibly can by doing all this research and breaking it all down into these short topics so that you can stay updated with what’s really going on right now and what is being mentioned in regards to money, benefits programs, checks, stimulus reform, raises to benefits, as well as anything else that may be coming up right here, right now that you can take advantage of during this very confusing and very busy time.
All right, let me say this much first. Where do I even start? I mean, seriously, I could almost be updating this topic on a daily basis, coming out with more evidence every single day that is pointing toward additional stimulus checks for the fixed income beneficiaries that I’ve mentioned throughout this topic.
I mean, seriously, things are changing very, very fast right now. It is a very fluid situation and things are changing literally every single day. So let me talk you through some of the major points that are happening right here, right now, and why they may actually be forced to actually come forward and issue a highly focused fourth stimulus check for all those beneficiaries. All right? So stick with me on this because there are a lot of different moving parts here.
I’m going to try to buzz through these as many as I possibly can here, just because there are so many of them. I kind of want to get on as many as possible, but I won’t go into a ton of detail. All right, so number one, obviously the inflation situation, this inflation is out of control and it seems like nobody really knows what to do about it, right? So we’ve got the Federal Reserve who’s coming out raising interest rates, the President who continues to point the finger at everybody else, and then a bunch of other people that basically don’t know what’s going on here. As far as what to do with all of this inflation, the fact of the matter is inflation is very hot right now and it seems like they’re not doing a whole lot about it.
Therefore it is really depleting the savings and the income of anybody out there, whether it is somebody out there earning whatever it happens to be, amount of money or fixed income beneficiaries, this inflation is absolutely nuts right now, right? So we’ve talked about it so many times in previous topics. That is reason number one. Next, we’re basically in a recession right now. Now, again, there are a lot of people out there saying, oh no, we’re not in a recession yet.
Well, you’re right. Technically it has not been reported yet. But as soon as the next GDP number comes out here in the next few weeks, we’ll be getting that information and it will be confirming that, yes, we are for sure in a recession right now. Not a good situation, meaning contracting growth here in the United States as in the output as far as what’s going on. Therefore, that’s technically a recession with two quarters in a row.
Well, we’ll be getting the next report here in the next few weeks and we should be getting that information to let us know where we’re currently sitting next. Gas prices on an absolute tear. I mean seriously, it’s almost every single day gas prices continue to go up and up and up and now they’re even possibly pushing out this projection of $6 per gas by the end of summer. Yeah, it’s probably going to be more like by the end of this month, right? So anyway, there are a lot of projections out there saying $6 won’t even be the end of it.
So this is a major problem going forward. Basically, we are watching this economy collapse right before our eyes. It’s the slow process. It’s like the snowball effect, right? It’s starting out at the top of the mountain, kind of rolling slowly, but this thing is about to avalanche here and it is not a good signal.
Now, again, I don’t want to be here to instill fear in anybody, I don’t want to scare anybody. But simply this is what’s really happening right now. These are the things that are really going on. If you don’t believe me, feel free to do some research. It’s all over the place.
Things are collapsing right before our eyes right now. So a couple of things that are also mentioned out there as well. I’ve come across this a couple of times, but it’s siding back to May of 2009. And I want to bring this to your attention because this is something we need to pay attention to. And this is something that did happen about 13 years ago.
And again, I want to bring this to your attention because it is something that happened and it’s something that’s being tossed around once again right now. I’ve been seeing it a few times out there, and it’s a good reference point that we need to kind of consider here. Back in May of 2009, guess what happened? They issued a $250 focused stimulus check for fixed income beneficiaries of all the benefits I mentioned throughout this topic Social Security, SSDI, retirement Survivors, SSI, VA, and RRB there was a highly focused $250 check that went out in May of 2009. Now, was all the same things happening back then?
Yeah, pretty much the exact same situation. We were watching the economy basically collapsed right before our eyes. Well, technically, by the time those checks actually went out in May of 2009, the stock market was already rebounding. Things were kind of looking up a little bit at that point, but we were just coming out of the deepest, darkest days of the recession from 2008 and early 2009, when things actually bottomed out in early 2009 in about March time. So we’re basically seeing the exact same situation happen here once again.
So we’re kind of looking at the whole thing once again. We’re literally like looking into a mirror of what we experienced about 13 years ago. So this is what’s really currently happening right now. Again, something else I want to throw out there as well, food shortages. Now, again, it’s probably not going to be all that extreme here in the United States, but there are food shortages all around the globe, and we’re likely going to continue to see even more food shortages here in the United States.
Have you gone to your store lately and looked around and said, that’s weird, this item is off the shelf and it’s been gone for a very long time? Have you been seeing that lately? There’s been a lot more of that coming up here where random weird items on your store shelves in your grocery store are just not available. They haven’t been for a long time, and they probably won’t be for a very long time as well. So it’s also something else that’s going on right now that we need to pay attention to next.
Grocery prices continue to go significantly higher, and according to what the analysts and experts are now saying as well, we’re likely going to continue to see grocery prices moving up much more dramatically. Therefore, all of this is pointing toward the evidence once again piling up more and more every single day for why the fixed income needs ongoing checks or even just a one time check. Now, again, back in 2009, a $250 check, adjusted for inflation, would probably be more around like a $1,000 check. These days just because of inflation. And inflation adjusted $250 back then probably would have fine $250.13 years ago, would have gotten people quite a bit of stuff these days, $250.
It’s almost like a joke, right? I mean, seriously, $250 is going to get somebody virtually nothing these days with rapidly rising prices on literally everything. So as we continue to look at all the evidence, every single day that continues to pile up here, it continues to point toward ongoing checks, monthly checks, and or a one time highly focused check. Now, again, the other argument out there right now is saying, well, wait, what about inflation? This is going to cause even more inflation?
No, because here’s why. The check would only be going out to a small percentage of the population here in the United States, maybe 20% of the population, probably not more like 18% of the population. So it’s not going to be like 85% of the population that we saw get all the checks over the last two years here. So sending out a highly focused check, whether it’s $800, $500, $1,000, $1400, would not cause all that much inflation. Maybe a percentage point or two.
Realistically, it wouldn’t even cost that much. Here’s the thing. The reports have shown that all of the three checks that we’ve already received over the last two years have caused 3% of the inflation that we’re currently experiencing right now. And those checks went up to 85% of the population. So you can kind of see here.
If we send out a check that’s highly focused to say, 18%, maybe 20% of the population, is that going to cause inflation? Probably not, right? Let’s just be real here. It’s probably not going to cause much inflation because it’s highly, highly focused on such a small percentage of our population versus 85%. Now, another point that I want to throw out there as well.
The three checks that were sent out over the last two years have prevented 11 million people from falling into poverty. Well, guess what? If they don’t send out another check and if they don’t do it fast here, we’re going to be looking at millions of people falling into poverty because of the situation that’s going on right now. Would that look good for people in Congress and the administration? Would that look good for them right now if all of a sudden we flip a switch and 11 million people fall into poverty?
No, that’s not going to look good at all. It’s not going to look good for anybody, not only the people falling into poverty, but all the people in Congress and everybody else who allowed this to happen. Would that look good on their watch? Oh, no, it’s not going to look good for anybody, right? So you can kind of see here the House of Cards is collapsing right before our eyes, and we need to see how they’re going to play ball on this thing.
Are they going to play ball and actually step up to the plate and actually whack a grand slam here and do something for the people? Or are they just going to sit there and let themselves strike out and walk back to the dugout or whatever?
Honestly, I don’t really know anything about baseball, but I’m kind of impressed with my little terminology here. My point is, the time is of the essence right here, right now. And based on everything that we’re currently seeing right now, the evidence continues to pile up in a really big way for a highly focused check. For those individuals who are living on a fixed income, prices are literally getting away from everybody right now, even higher-income people. In fact, what was it?
Maybe a month ago, maybe a month and a half or so ago, I was out in a separate topic and said a report that came out even showing that those individuals who have an income of $250,000 or more, one out of every three of those people are living paycheck to paycheck. I mean, seriously, somebody earning a quarter million dollars a year, one out of every three of those people is living paycheck to paycheck right now because of everything going on, right? The point is, this stuff is digging in deep right now, and those individuals who are living on a fixed income are unfortunately being impacted the most. I continue to see this with report after report right now because here’s what’s happening. The fixed income is staying the same.
Income is not changing right? And therefore prices are changing at a pace of about 1% per month every single month that goes by. So you can see how this equation is not working right? It is not working for the fixed income. So incomes are staying the same and prices are rising 1% per month.
Does that equation work out to anybody? No, it does not work out. I’m not a mathematician, but I can tell you that much. It doesn’t work right. So anyway, an infusion of cash is what the fixed income need right now, and it is what all the evidence is pointing toward.
So anyway, I’ll keep you posted as we get more details on all this stuff. But I think we need to continue to look back towards 2009. We are in a very similar situation, almost a mirror replica of what we’re currently seeing play out right here, right now in front of our eyes. And even then, in May 2009, again, that $250 check was sent out. So, again, I know that it was 13 years ago, but we need to look at history as an example.
The example being the house of cards collapsing happening right here, right now. We’re watching it fall right? At the same time, we need to look back what happened last time that this happened. Well, checks went out. Checks went out.
Highly focused for the fixed income anyway. I wish I could do something more as far as Congress, I wish I had more authority, man. It’d be nice. Seriously, right now, I don’t think we’d have to have these conversations. I’d have all your backs right now.
I mean, seriously, I’d be looking out for everybody in any way possible. Forget the people earning 250 grand a year. Seriously, forget about them. They can figure it out. Let’s worry about the fixed income.
Those are the people that need it right now. So anyway, it’s a tough time right now. But either way, no matter what happens right now, I’m here for you in any way that I possibly can be. I’ll continue doing all this research and I’ll continue to bring you the latest updates as well as helping you out with the capacity that I have in any way, shape, or form right here on the channel. So, again, thanks so much for visiting site.
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