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Years ago in Canada, one province decided to mail $500 cheques to every adult in the province as an economic stimulus after they had an oil and gas surplus. App
by gentleman11 7y ago
Years ago in Canada, one province decided to mail $500 cheques to every adult in the province as an economic stimulus after they had an oil and gas surplus. Apparently it helped a lot
And it wasn’t just middle class, but lower too...
- flukus 7y agoAustralia did this in 2008, part of the reason we avoided a recession. Parts of China have started doing the same for coronavirus.
- ceejayoz 7y agoAlaska's been doing this since the 1980s. https://en.wikipedia.org/wiki/Alaska_Permanent_Fund https://en.wikipedia.org/wiki/Alaska_Permanent_Fund I prefer Norway's approach of saving (to the tune of nearly $200k per citizen!) for a rainy day. https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Norway https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Nor...