Welcome to the Ask the Bitches Pandemic Lightning Round! We’re working around the clock to answer your questions about coronavirus, the impact of quarantine, and the recession of 2020.
Have you heard about this thing? This something, something, $1.5 trillion dollars thing? Today, we have a request to explain what’s going on there.
So… is it worth it?
Let us work it.
We’ll put our thing down, flip it, and (time allowing) reverse it.
We’ll be coming at you fast this week, answering as many urgent questions as we can. If you appreciate the extra effort, we would love a small donation on our Patreon. Thank you!
Here’s a question we got from an anonymous asker on our Tumblr:
Any chance you can explain why the $1.5 trillion congress put into stocks/small businesses/whatever meant and how it worked? I do not understand economics well enough to figure it out on my own, so I can’t figure out if it was actually a waste of money. I’m leaning towards “yes it was” but for my edification I want to make sure I’m not way off base thinking that.
We absolutely can explain this!
I’m gonna explain it like y’all are five. Because that’s the explanation I would want. Because right now, I have the emotional fortitude of a toddler desperately in need of nap time.
If you’re already pretty savvy with federal economic policy, you can read a higher level explanation like this one. Today’s breakdown will be for other babies like myself!Read More