The COVID-19 pandemic is bringing the economy to a standstill, and these fools want to give us Bread crumbs.
Seriously folks, what is $1k going to do for any of us when we all hold astronomical numbers in student debt or debt in general? I was told that currently interests rates on student loan debt is paused, but so what? Once this pandemic is over, we’re all back to square one.
These fools are the very ones that messed this economy up in the first place, the coronavirus is just exposing their reckless hubris and mismanagement.
The Fed prints money to infinity , what is 1$k? many will use that to pay debt, utilities, or food anyway, it goes right back into their pockets. They can reset the system if they really wanted to, erase all debt but no. We live in a false construct, unless your vastly wealthy a loan is needed for most big purchases, heck even the super rich and large corporations take out loans.
What a messed up society this is.