4 ms·
> The money sent to households was largely used to prop up rents mortgages or food/transportation/insurance and other consumer goods. i.e. it was used by the p
by brazzy 6y ago
> The money sent to households was largely used to prop up rents mortgages or food/transportation/insurance and other consumer goods.
i.e. it was used by the people it was given to so they could pay their bills. You know, survive. Can you describe how a world would work where you can have one without the other?
> All that money ended up in business coffers.
...and most of it was then promptly paid out as wages to employees.
- aniro 6y agoI made no comment as to whether it was a good or bad thing. I stated a fact. But the fact that “the Market” has exploded in value while the Federal and State government is making direct payments in order to help a significant portion of the population just survive should be a little concerning, no?