That seems pretty silly. Me and probably a lot of other people would just put it aside and save because we don’t need the money. And for the people in some industries who are at risk of losing their jobs this is laughably little money. In Germany there is a concept called “Kurzarbeit”. Companies reduce work hours and salaries across the board and unemployment insurance makes up for some of it. This way mass layoffs are avoided. That’s the way to go in my view.

But I guess the US will either do nothing or hand a lot of money over to the top income earners in the hope that they will “create ” jobs.