Quote:
Originally Posted by nfotiu
So what are we saying is the point of this $2000? I argue that there should be some attempt to distribute the pool to the people who have been badly hurt by COVID. At best, 25% of the proposed $2000/person would go to that group of that people. When 75% of an aid package is going to people who aren't affected or don't need it, then that is not arguing about the exception.
Again, the overall economy is not in need of a stimulus at all. Certain sectors, and workers in those sectors are badly in need. It absolutely should be directed at them. Your arguments are just irrelevant platitudes that are missing the point.
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It's like the commercial rent subsidies here. I talked a pretty prolific commercial realtor in Ottawa and he told me the wealthier ones are just shutting down for now and using the rent subsidies as a way to upgrade their businesses without taking the losses they would have otherwise. He thinks that once things go back to normal, those guys will pick up the leavings from small businesses that couldn't make it or are eager to sell. Basically, he said some people are going to make out great after this. They will have newer equipment, renovated spaces, and less competition. All helped along by a rent subsidy they didn't "need".
Net worth should be a factor when giving out money.