Experts: The government should give cash to low-income groups! Who are they specifically included? How much money will each person get?

In March and April of this year, the impact of my country's domestic epidemic on the economy was still quite large. Many people in society have lost their jobs, but they still have to bear various pressures such as mortgage and car loans. Therefore, some experts suggest that the government should give cash to low-income groups. This expert advice is quite good. So who specifically are the low-income groups included in the government’s cash payments? How much money will each person get?

1. Expert: What’s the matter with the government giving cash to low-income groups?

Recently, Yao Yang, dean of the National School of Development at Peking University, suggested that the government should give cash directly to low-income groups, with limited use and consumption within a certain period of time. This way, everyone will spend the money quickly and consumption can be started immediately. The following are the impacts of this year’s epidemic:

1. Small, medium and micro enterprises face difficulties

Many companies can only use loans to pay wages and rent, which is obviously problematic. The policy of other countries is that as long as there are workers, the government will provide money instead of asking companies to take out loans.

2. Social financing ratio cut in half

Compared with last year, social financing has basically been halved, falling by nearly 50%, because the entire economic activity has basically stopped. The government has introduced loan policies, but companies cannot start work and have no orders, so they naturally will not lend.

3. The economy declines during the Chinese New Year

In April, the International Monetary Fund lowered China's economic growth rate to 4.4%. If epidemic prevention measures continue at the current scale, the economic growth rate in the second quarter will probably be even lower. In April, transportation fell by 80% and the entire economy almost stagnated. If there is almost no growth in the second quarter, the economic growth rate in the first half of the year will be about 2-3%.

2. Who are the low-income groups included in the cash distribution by the government?

The government provides cash to low-income groups, including those who have been affected by the epidemic, whose income has been reduced, and who have lost their jobs.

1. First, affected by the epidemic

City like Shanghai has been greatly affected by the epidemic. Some local people have even sold their houses and returned to their hometowns. If you think about it, Shanghai started closed management at the end of March and it has not been lifted by the end of May, so it has been closed for two full months. The living conditions of low-income groups are unimaginable, given that they have no savings and are burdened with various loans.

2. Second, income decreases

Due to the impact of the epidemic this year, many companies have reduced their employees' wages. For example, the company of my friend has reduced their salary by 2,000 yuan each. This base number is quite large, and I hope the government can provide some help.

3. The third group is people who lost their jobs

Due to the impact of the local epidemic, quite a lot of people have lost their jobs this year. We can also see this situation on the Internet: the number of young people returning to their hometowns to start businesses is increasing. This is because it is difficult to find a job in the city, and returning to one’s hometown to develop may not be as stressful, but it is also a challenge.

3. How much money does the government give to each low-income person?

Some people say that 1,000 yuan per person is too little, and that low-income people can receive 10,000 yuan per family. But the specific amount and whether the government will issue it will depend on subsequent relevant policies. If no relevant notification is issued, it means that there is no such policy.

In general, the expert: The government should give cash to low-income groups was suggested by Yao Yang, dean of the National School of Development at Peking University, and this policy has been widely discussed, with netizens expressing their agreement. What do you think?