Daily Poster’s 10 Stats That Will Blow Your Mind
Read these ten stats related to the $2K checks and then you decide.
1. The total cost of $2,000 checks ($465 billion) is less than half the amount that American billionaires have made during the pandemic ($1 trillion). The total cost of the checks is less than the amount that just 16 American billionaires increased their net worth by during the pandemic ($471 billion).
2. Jeff Bezos and Elon Musk gained more wealth during the pandemic ($158 billion) than Congress just authorized for additional unemployment benefits for millions of Americans ($120 billion).
3. Jeff Bezos’s personal wealth increased more every second of 2020 ($2,800) than Congress is considering giving Americans who are facing eviction, starvation and bankruptcy ($2,000).
4. Congressional lawmakers are being paid $3,300 of government money every week to come up with ways to block $2,000 checks to millions of Americans.
5. It took Congress less than a month to pass legislation giving a $700 billion bailout to bank executives during the financial crisis. It has taken Congress more than 8 months to even seriously consider a far less expensive bill to give $2,000 checks to millions of Americans during this economic crisis.
6. A $2,000 survival check would give the average soldier more money than the proposed 3 percent military pay increase that is included in defense legislation that Sens. Bernie Sanders and Ed Markey are filibustering in order to force a vote on the survival checks.
7. The richest 5 percent of Americans received more in Trump tax cuts in 2020 ($145 billion) than Congress is spending on increased unemployment benefits for millions of Americans during the economic crisis ($120 billion).
8. In 2016, “children, elderly, disabled people, and students made up around 70 percent of the poor,” according to the People’s Policy Project. Unlike unemployment benefits, $2,000 checks would help them.
9. About 60 percent of Georgia households make less than $75,000, meaning Georgia Republican senators allowing $2,000 checks to be blocked would deny aid to roughly 2 million of their state’s households as they run for reelection.
10. As Republicans try to block the $2,000 check legislation, a new national survey found that 78 percent of Americans support it, even as some pundits insist that the proposal is “divisive.”
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