Remember only the people actually laid off really "need" the $1200.... People who are well off likely do not... Retired people with a pension/SS have not seen any change in income (though many could use it anyway) People on Welfare or disability, likewise have not seen any change in their income... and also get a check.
Those that need it are going to spend it on food... but for the large number of people it's just "Free Money". It was a poorly thought out plan... It should have been tied more closely to the loss of actual income.
Well lets hear your detailed plan, sounds like another payout is in the workings. Remember, the first point I believe of the first check was 1. speed ( even that was not very impressive) 2. send a message the gov has got your back, so don't panic. I believe it achieved that.
Had a more detailed qualifying requirement been implicated in first payout, we would likely still be working out who was supposed to line for a check. This initial check was effectively immune from fraud, and appeared "fair" in handing out, even if somewhat progressive in income, even in its scheduled payout schedule, which is the gold standard IMO. Let the millionaire earners air their grievances in not getting a check Saying those on SS have no change in income from this COVID event, assumes incorrectly no one on SS earns any wages. Since this is supposed to be a free country, commenting what others do with their money, really serves little purpose.
Last edited by jcc; 05/07/2010:06 AM.
Reality check, that half the population is smarter then 50% of the people and it's a constantly contested fact.
