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Originally Posted by Cali Panthers Fan
Agreed.
If my wife and I receive a disbursement, I'm going to push for us to donate the entire amount to food banks and any other charitable group that will help the unemployed at the moment.
It's a tough situation, and I don't know that blindly throwing money at the problem is the best answer. Some of that money will go directly to families in need. Some of it will simply be used to pay for credit that has already been spent. Much of it will sit in people's bank accounts without fully circulating in the economy. I'm not sure how to fix that last part.
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Back during the first round of these payments, a direct stimulus was needed. The overall economy was crashing. The overall economy has recovered pretty well now. Some sectors are in shambles, and people who work in those industries are hurting the most. The money needs to be more targeted to help those people and industries in need this time around.