Quote:
Originally Posted by #-3
I think you might be misreading the intent of the payments.
If goal were to prop up people who have fallen behind because of pandemic, you would probably look at a much faster/friendlier bankruptcy regime for those situations (probably under a different name, to avoid stigma).
This looks a lot closer to economic stimulus, keep the economy humming so things don't start to increase the odds of avoiding a spiral from lack of activity.
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The video that started the conversation was about helping the working people who are having financial hardships.
I agree that the economy needed a stimulus back when the first round went out. But that really isn't the case in the US right now.