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A comment on One way to fight a coronavirus recession: $1k for every American. Parent comment

Re:One way to fight a coronavirus recession: $1k for every A... by CubsFan1060 on Monday March 16, 2020 @12:21PM (#22593982)
I suspect the interest will help some quite a bit. Not everyone, of course.

I do think that the money would be better if targeted toward certain people versus peanut-buttered over everyone.

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Re:One way to fight a coronavirus recession: $1k for every A... by basch on Monday March 16, 2020 @02:23PM (#22595675)
But the payment doesnt go down, it just applies more to principal.

It will benefit people more in the long run, but it's not short term relief.

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