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In my opinion, it feels more like damaged image management to me. Direct cash flow to citizens gives immediate association to the source of the cash and helps
by Frost1x 7y ago
In my opinion, it feels more like damaged image management to me.
Direct cash flow to citizens gives immediate association to the source of the cash and helps restore faith in the current US economic system and government, or at least makes people a little less cranky to soften the blow.
People want change and these issues are further highlighting massive systemic problems in the US to the population at large who are already looking for significant change.
To most, a onetime $1000 (the idea that was floating, this could be different) may pay one months rent or part of it to some, but it's not going to help when it comes to layoffs and downsizing businesses are sure to follow up with. To me, the elephant in the room will be medical expenses many are sure to incur and their associated fallout that's going to be very hard to make people forget.
- dsfyu404ed 7y agoThe point is that that one month's rent may buy enough time for the economy to stabilize. Make no mistake, unless everything picks back up nearly instantly (aka "when pigs fly") people will lose jobs and miss payments and be evicted and all sorts of other bad things just like in every other downturn. The point of the $1k (or whatever amount) is to buy a month for the COVID19 situation to stabilize thereby minimizing the downturn, or at least that's how it works in theory.