Stimulus

More than 476 million payments totaling $814 billion in financial relief went to households impacted by the pandemic. March 2020. First stimulus sent $1,200 to each tax filer and $500 to each child December 2020. Second stimulus sent $600 to each tax filer and $600 to each child March 2021. Third stimulus sent $1,400 to each tax filer and $1,400 to each child This meant a family of four received $11,400. It is not surprising that all of this money went into the economy and that spending it just ended in April of this year. This does not include another $5 trillion that went to other entities including businesses and unemployment compensation. People who normally did not qualify for unemployment suddenly got benefits. As a substitute teacher, I qualified for unemployment and not only received my state money but also $600 per week for 16 weeks. All in all my wife and I received $6,400 in stimulus and $9,600 in unemployment. Then in late 2021, I get another check for $3,500 and I have no idea what that was for. I did not need this money and there are many other retired people who did not need the money. The net result was that working families ended up paying for all this through inflation. It always seems that the most in need get the shaft.