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I’m going to take an extreme position in the hopes it “stimulates” conversation: the best course is $6k direct citizen payments. Business that fail create new n
by 100ideas 6y ago
I’m going to take an extreme position in the hopes it “stimulates” conversation: the best course is $6k direct citizen payments. Business that fail create new niches some of the gritty but solvent ex-employed can try to exploit with new startups.
Also, if the stimulus in the scenario was $4 trillion total, each citizen could be given/loaned ~$12000; by pooling their stimuli payments, tens of individuals and/or large families could potentially have enough capital to take a risky shot on a startup / small biz.
- ianai 6y agoIt’s bizarre that this is an extreme position. It underscores how far and extreme US politics has become that supporting people is viewed so negatively while bailing out multinational corporations goes without saying. Being too big to fail is a sign that a company should be busted up into smaller companies, but I digress... I highly doubt startups would form around families just due to people getting one time large payments like 12k. If you have a family of 10 you’re going through 120k plenty quickly with just food, shelter, and other necessities. So much so that the money would have a huge multiplier effect at sustaining local demand for essential goods and services.