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Romney said that the idea would "help ensure families and workers can meet their short-term obligations and increase spending in the economy." Given that many
by bmj 7y ago
Romney said that the idea would "help ensure families and workers can meet their short-term obligations and increase spending in the economy."
Given that many states are closing all non-essential businesses, where, exactly would the economy be stimulated? Stockpiling more toilet paper? I realize that online retailers are currently still delivering, but how long will that last?
- ianleeclark 7y agoIf people see precarious economic conditions, they tend to save more. By having a semblance of a safety net, they're hopefully able to continue similar consumption habits. It's likely that the supply shock were seeing today will die down in a few weeks, which is when this would start to help.