One way to fight a coronavirus recession: $1k for every American

Re:One way to fight a coronavirus recession: $1k for every A... by wonderwonder on Monday March 16, 2020 @05:03PM (#22597747)

I think focusing on 1, 10 or 100 people double dipping or potentially getting funds they should not have is besides the point. We implement this to keep people from starving and going hungry. Plenty of time to track down people who abuse the system after the crisis. As far as distribution that's not an impediment. The IRS already has a list of people and addresses and we can mail them a check. Is it complete? who knows but its a start and probably covers 95% of people. Not doing anything because of bleeding edge cases is not a solution.

The existing systems you mentioned before are not setup for mass distribution. There is no way the local unemployment office can scale up to 100x. In addition we are not going to just give money to the other private entities to distribute as they are not equipped to do so.

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Re:One way to fight a coronavirus recession: $1k for every A... by coredog64 on Monday March 16, 2020 @05:26PM (#22598071)

This. The purpose of the money is to address the immediate demand shortfall. We have until December to figure out who might have gotten more than their fair share and claw it back. Hell, even if a fair chunk is wired to Central America it will mean those people won’t starve.

We need to be A-10 Warthogging cash now and not let the perfect be the enemy of the good.

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