It was over $6 trillion last week, not $2 (more than $4T from Fed reserve + $2+T from fed gov), and its still too early to see if it will “fix” the economy, it simply caused a rebound in the stock market for a few days. If we stay shut down through April, I think we blow out earlier market lows by a wide amount.
I guess I should have used a sarc tag for slow sheople
It will NOT fix the economy, any more than the Bush/Hussein Bailout fixed it in 2009. It will make less of the annual budget available for use for the military and all the entitlements etc because the amount that has to go to interest will necessarily become greater. And think, with everybody else’s economy in the dump, who’s got money to lend us? The alternative is Inflation which will cause the interest rates on The Debt to rise and make it difficult, possibly ipossible to repay. Default would end the American Project.