10 ms·
I don't understand how more aid will help rather than exacerbate the problem. If the previous stimulus checks artificially propped up the economy, gave stock m
by dstola 6y ago
I don't understand how more aid will help rather than exacerbate the problem.
If the previous stimulus checks artificially propped up the economy, gave stock market a boost and led to this Well-off people getting More-well-off effect, how will another stimulus package be any different? The only way I see of doing that is sabotaging the economy (ie, mini-recession) or full on socialist/communist control to distribute the wealth, neither of which sounds pleasant or great in any way shape or form.
Not an economist, just my two cents.
- e9 6y agoYou are absolutely right, but what other way do we have to help the ones who actually need help? Should we tax the rich who get all the benefit?