Remember the $1.5 TRILLION given to banks
just a short time ago? Rushed through, unlike the foot-dragging and arguing over the relative pittance being considered for working people?
What if that had been given to Americans instead. I wondered about that the last few days.
There are 128 million households in the US as of 2019. Source-- [link:https://www.statista.com/statistics/183635/number-of-households-in-the-us/|
Divide the $1,500,000,000,000 up among all US households and every single one would have gotten $11,718.
Every household in the US. Instead of quietly handing it over to banks, every household could have been given almost $12k and told to stay home 3 months. Rent, mortgage, car payments, utilities etc all would not be a worry like it is now.
Whatever payment they do end up passing for relief, it needs to be set up as a per-household payment, not per person. Single people and couples have the same housing costs as those with several kids.
Instead of bailing out cruise ships, the money should go to state unemployment funds to pay out immediate unemployment benefits. Those funds are based on employer-paid taxes calculated on the amount of payroll. No payroll means no money going into the fund.
Instead of bailing out airlines, distribute that money to state food programs, SNAP or others, which will ensure families can get whatever they need from grocery stores.
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