4 ms·
>This notion of people just balling because their stimulus checks is increasingly tiresome, has always been disconnected from reality What's mind mindbogglingl
by dsfyu404ed 4y ago
>This notion of people just balling because their stimulus checks is increasingly tiresome, has always been disconnected from reality
What's mind mindbogglingly disconnected from reality not understanding that people will absolutely spend a $1k (or whatever) stimmy payment the just like they would a tax return or bonus.
That said, the stimulus bucks disbursed to individuals were absolutely not enough to matter to the macroeconomic picture. It was basically like having a year with two tax return seasons.
The PPP loans, the changes in unemployment benefits, the people using home equity to buy garbage they don't need, all had a much bigger impact.