4 ms·
Most of us here are fortunate enough to not be seriously impacted except for specific high-cost items like vehicles or housing, but even there the poor are disp
by paradox242 4y ago
Most of us here are fortunate enough to not be seriously impacted except for specific high-cost items like vehicles or housing, but even there the poor are disproportionately affected in terms of the percentage of their monthly budget lost to inflation on non-discretionary spending.
While it may not seem like much, $1000 is absolutely a lot to those struggling the most right now. Those who are seeing their rent increase, the cost of food further limiting their already meager choices, and for whom buying even a used car is now out of reach.
You don't have to agree with the premise, scope or cost/benefit of this plan but this is the rationale that I see behind it.
- google234123 4y agoYou realize that this will cause more inflation which if it keeps getting worse will cause a serious recession? If the economy shrinks by 5% b/c of inflation will you advocate for 4k checks?