Re:Millions of credit-card customers can’t pay their bills
by luckylion on Saturday April 25, 2020 @03:20PM
(#22980587)
Everybody got $1200 though, and those that are laid off or furloughed get federal assistance as well if I understand correctly. Those 80% you read is for those furloughed in Europe, but nobody (at least here in Germany) just got "free money to stimulate the economy". And the so called Kurzarbeitergeld (literally short worker money) is part of the unemployment insurance which is about 2.5% of gross income (half is directly deducted and paid by the employer, half is paid by the employee).
There's no charity state here. Just pay for insurance, you can have that as well.
There's no charity state here. Just pay for insurance, you can have that as well.