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If demand takes a hit because people struggle financially then then giving money back to people ought to help. Essentially, if people have more money they can c
by mytailorisrich 4y ago
If demand takes a hit because people struggle financially then then giving money back to people ought to help. Essentially, if people have more money they can consume more, thus boosting the economy.
On the other hand, 1 percentage point will not make much difference: I think the maximum people can be better off is about £380 per year if their income is 50k+ pa.