Why the $600 coronavirus unemployment bonus is a rip-off for Californians
https://www.siliconvalley.com/2020/05/04/why-the-600-coronavirus-unemployment-bonus-is-a-rip-off-for-californians/
I know folks in financial stress should be thankful for any gift, but the much-heralded $600 unemployment “bonus” from Uncle Sam is a relative rip-off for most Californians.
Why? The one-size-fits-most formula is part of $2 trillion spent on various stimulus plans, but it cuts short states with pricier cost of living.