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Citizens took home trillions this time around. The 2008 money was loans, that were paid back with interest. The citizens this time around got socialism (and rel
by ChrisLomont 5y ago
Citizens took home trillions this time around. The 2008 money was loans, that were paid back with interest. The citizens this time around got socialism (and related inflation). 2008 had neither.
- JaimeThompson 5y agoTrillions?
- jonas21 5y agoYes, trillions. https://www.cnbc.com/2021/12/09/covid-relief-bills-us-has-spent-most-of-coronavirus-aid-money.html https://www.cnbc.com/2021/12/09/covid-relief-bills-us-has-sp...
- JaimeThompson 5y agoThat is the total amount spent not the amount that citizens took home.
- jonas21 5y agoHave a look at the first chart in the article. It shows $844B in stimulus checks and $666B in enhanced unemployment benefits. That alone is $1.5T paid directly to citizens, even without counting anything else.
- ChrisLomont 5y agoRead the article 844B stimulus checks, 666B unemployment compensation, 145B other income security, 828B for paycheck protection (money lent to business to pay paychecks - goes to the people nearly as directly as the stimulus, and allows business to stay afloat).... It doesn't count the tax credits and other things that added to citizens handouts. A lot of the other categories went also directly to paying citizens. Read some about what happened.