67 MILLION Americans Can't Pay Their Credit Cards & Stimulus Checks Are Delayed - CARES Act

Minority Mindset
•April 29th, 2020
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The White House released a statement saying that America could see 20% unemployment in June 2020. At the same time stimulus checks in the CARES Act are delayed and millions of Americans don't have a way to pay their bills.
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67 MILLION Americans Can't Pay Their Credit Cards & Stimulus Checks Are Delayed - CARES Act
0:26 - 90 million Americans received their stimulus checks but tens of millions of Americans are waiting on their stimulus checks and unemployment benefits
1:21 - The great lockdown will have lasting effects on the economy as the White House says we could see 20% unemployment by June 2020
1:55 - How the CARES Act works for sending stimulus checks out
2:49 - Some Americans are waiting over a month to get their first unemployment check
3:35 - The cost of stimulus check delays
4:07 - Americans are turning to credit card debt
5:14 - According to the CARES Act banks can garnish your stimulus checks
5:40 -The Paycheck Protection Program hasn't worked as planned for small businesses
7:30 - Although foreclosures and evictions are stopped, penalties and fees are still being accrued
8:36 - The system profits when you are financially uneducated
9:35 - Use your money the right way by investing but don't blindly invest your money. People were investing in ZOOM stock thinking it was the ZM stock
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