Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

>The COVID pandemic was a good example of this. The working class got thrown a $2,000 check while there was billions given to bail out businesses/lots of fraud.

A lot of people were paid more to not work during COVID restrictions than they earned before or after. $653 billion in federal funds for unemployment programs.

People were getting $600 per week from the feds for a while, then $300/week. Not a single $2000 check, $2400 per month. About the bottom 25 percentile were brought up to 25th percentile income.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: