Americans Want Another Wave of Stimulus Checks
Millions of Americans started receiving their emergency stimulus checks last week, but people are still hurting, still without a paycheck, and still wondering if and when they’ll have a job to go back to. And so it’s no wonder that in a new survey, 84 percent of Americans would like to receive a second round of governmental help as the coronavirus pandemic continues. WalletHub's new Coronavirus Relief Survey showed how Americans view the government's aid efforts so far, particularly the stimulus package. Here are some of the key statistics:
- Many people are at risk of going broke: Nearly 160 million Americans are less than three months away from running out of money.
- Stimulus checks feed vices: Almost 24 million Americans will buy drugs, alcohol or tobacco with their stimulus money.
- Americans want unemployment insurance to match wages: Around 56 percent of Americans don't think people's unemployment income should be more than their previous income.
- People are generous during the pandemic: A third of Americans say they will donate part of their stimulus money to coronavirus relief.
- The young want checks based on financial impact: Millennials are 25 percent more likely than baby boomers to think that stimulus checks should only be given to people experiencing income loss.
- Americans think non-impacted businesses shouldn't get aid: 70 percent of Americans believe that government help should only be given to businesses with a revenue loss.