One way to fight a coronavirus recession: $1k for every American
Am I way out of band or does that seem like a comically small amount of money for the average American?<p>I live in an extremely low COL area and live well within my current means. Assuming my work dries up and I don't have any savings, 3k$ would buy me two months tops.<p>Just to give you an idea of how cheaply I live: Mortgage is ~800$/mo, Car is a paid off 2006 Toyota Highlander, Student loan minimums of ~400$/mo, My wife and I have a newborn, which currently isn't very expensive but we all still need to eat.<p>The average one bedroom rental in any given metro area, even in mid sized cities, probably lands somewhere around my basic monthy costs. So, if you're a single person in the city you might get one month out of 1k$.<p>And I am VERY lucky to have a bunch of cashed packed away. I assume at least a large portion of this country is living paycheck to paycheck.