If it makes you feel better there is virtually no correlation at this point between taxes and spending.
The government "borrows" it -- which is just a euphemism for printing it at this point.
We make too much to get a piece it the $600 pittance given to the poor, and not enough to get a piece of the (literally) untold trillions being printed to hold up banking and (for the first time in history) the stock market.
I agree, the way they did it is so careless and bloated.
It makes no sense that people who kept their jobs are getting a check.
It makes no sense that people who lost high paying jobs will get nothing.
The only thing I can figure is If they made people submit for the money, the gov bureaucracy dealing with that would cost even more.
If it makes you feel better there is virtually no correlation at this point between taxes and spending.
The government "borrows" it -- which is just a euphemism for printing it at this point.
We make too much to get a piece it the $600 pittance given to the poor, and not enough to get a piece of the (literally) untold trillions being printed to hold up banking and (for the first time in history) the stock market.
Normally they'd argue that flooding all that money into the economy would come back to everyone as it's spent.
That argument falls apart when most businesses are closed though. This is basically a half trillion dollar check straight to Amazon.
I agree, the way they did it is so careless and bloated. It makes no sense that people who kept their jobs are getting a check. It makes no sense that people who lost high paying jobs will get nothing.
The only thing I can figure is If they made people submit for the money, the gov bureaucracy dealing with that would cost even more.