Quoted from Frax:Well, when you consider the fact that what we have now is a "trickle UP" economy.....uh.....yeah. Those payments are ending up in the hands of the wealthy, because people are spending them. It might be via a business like owning a restaurant or construction company, it might be because we used some of that money to buy a "not NIB" pinball machine from them. If you really think that the money that's been handed out over the last year doesn't impact things like this, you might want to take some time and really think about economics and how money works, how we've ended up in this place where very few people control the vast majority of wealth, and things that are taken for granted in civilized places (Yeah, I said it.) like your healthcare being paid out of your taxes, are a virtual impossibility in the US.
Oh, also inflation. Clench up on that one.
I got full amount of both payments. I didn't *need* either one to survive, but I also didn't lose my job. My wife more or less did, for a while, and got screwed on unemployment, but we would've survived without either payment, I think. Point is...there's probably a lot of people in my situation that didn't *need* the money, and no doubt some of them spent it on really ridiculous things like pinball machines or leasing a Benz or whatever. Trust me...plenty of that money ended up in the hands of people that didn't get paid it directly by the government...
Yeah, and lots of it went to the already rich and unscrupulous. I tire of people complaining about the poor getting extra money as if THAT's the problem in this country. They very much could have been a bit more selective in who got money, that is true, but listening to well off people complain about it is laughable. (and full disclosure we got half of the first and none of the rest). We definitely didn't need any of it.