The 2008 bank bailout cost 700 billion. Almost all of that money went to rich banks and bankers. The child tax credit costs ~100 billion a year. The payments c

The 2008 bank bailout cost 700 billion. Almost all of that money went to rich banks and bankers. The child tax credit costs ~100 billion a year. The payments cut monthly child poverty by roughly 30%. We have direct evidence that growing up in poverty dramatically reduces your odds of graduating high school, going to college or getting a well paying job later in life. So I would posit that pulling kids out of poverty has a long term net positive effect on the economy. Also its just the right thing to do if we can. As a comparison, ~$76 billion in PPP loans were fraudulent. ~250 billion of covid relief benefits went to the rich and corporations. https://www.propublica.org/article/the-cares-act-sent-you-a-1-200-check-but-gave-millionaires-and-billionaires-far-more https://www.propublica.org/article/the-cares-act-sent-you-a-... But its the poorest of us that are causing inflation...