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We handed out 300 billion in cash payments alone for COVID stimulus, this is not that crazy especially if you factor in the knowledge and skills put to work and
by gedy 7mo ago
We handed out 300 billion in cash payments alone for COVID stimulus, this is not that crazy especially if you factor in the knowledge and skills put to work and retained.
- g947o 7mo agoOne is real cash going into the hands of ordinary people for everyday purchases, which has proven (in various studies) to have helped parents/families and the financially struggled. The other is "knowledge and skills" that seem remote and detached from people's lives. As someone whose life isn't affected much by either of these, I would choose the stimulus every time.
- gedy 7mo agoThe money was not vaporized by aerospace companies, it's largely spent in US on salaries, subcontractors, etc. Not against stimulus but to call out the amount in comparison is reasonable.