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Old 04-30-2020, 11:27 AM   #25953
DaneMcCloud DaneMcCloud is offline
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Quote:
Originally Posted by Discuss Thrower View Post
That was the Treasury's take on what stimulus was for but I -and anyone with common sense I'd assume- knew that the stimulus was meant to keep food on the table or, at worst, give someone some rent/mortgage money to get by for a month to buy time to work out a forbearance or find another living arrangement.
No.

Giving people who earn in excess of $150K per year "Stimulus Money" wasn't to "keep food on the table", it was so those people would put it back into the economy in order to stave off a recession for just a little while longer.

If the idea was to put "food on the table" for those in need, the bar would have been set far lower and most certainly under $100k.
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