Apr 06, 2020

Chart of the Week: The $2 Trillion Stimulus a.k.a. CARES Act

Great infographic from howmuch.net (hat tip to Jessica for finding!):

Questions:

  • How will this stimulus affect
    • You and your family?
    • Your community?
    • Businesses in your town?
  • Rank order the 6-7 groups from those receiving the most benefit to those receiving the least. Do you agree with these priorities? Explain.
  • This is the biggest federal stimulus program in history at over $2 trillion. What do you think makes this current situation different from previous economic downturns in the last 50 years? 
  • Supplemental: Pick one of the six groups getting a significant amount of the stimulus (State/Local government, small business, large corporations, individuals, public health and student loans) and learn more about the funding they will be receiving. 

------------------

FinCap Friday has a NEW! EdPuzzle video on stimulus checks. Check it out here! 

 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

author image More by Tim right solid arrow
Mail Icon

Subscribe to the blog

Join the more than 12,000 teachers who get the NGPF daily blog delivered to their inbox:

SIGN UP