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> Those are still loans that must be paid back Yes, obviously - what did you think deficit spending was? But the point is the cost of fiscal expenditure is low
by MiroF 6y ago
> Those are still loans that must be paid back
Yes, obviously - what did you think deficit spending was? But the point is the cost of fiscal expenditure is lower than it has been in the past, and it seems like we have a really useful thing we could be spending it on.
To me, it seems like normal "propensity to consume + ability to pay" style distribution of masks won't help that much in a pandemic that disproportionately spreads among the poor and where the more people wearing the mask, the better.