4 ms·
This comparison is unfair. The cost of just the first stimulus checks was ~269b[0] and the second ~ $464b[1] and these are the lower estimates I've seen. For co
by Tenoke 6y ago
This comparison is unfair. The cost of just the first stimulus checks was ~269b[0] and the second ~ $464b[1] and these are the lower estimates I've seen. For comparison the 2008 bailout cost ~498b[2][3], possibly less after the government made some of it back. So no, the government isnt spending more on bailouts for the rich than on covid relief for the rest.
0. https://www.pgpf.org/blog/2021/01/what-to-know-about-the-second-coronavirus-stimulus-checks https://www.pgpf.org/blog/2021/01/what-to-know-about-the-sec...
1. http://www.crfb.org/blogs/how-much-would-2000-checks-cost http://www.crfb.org/blogs/how-much-would-2000-checks-cost
2. https://mitsloan.mit.edu/ideas-made-to-matter/heres-how-much-2008-bailouts-really-cost https://mitsloan.mit.edu/ideas-made-to-matter/heres-how-much...
3. https://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program https://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program
- NullPrefix 6y ago>government made some of it back Government or the people working for the gorvernment?
- ashtonkem 6y agoGovernment.