The nanny state and progressive ideology can only thrive with a printed, fiat, manipulated monetary system that encourages massive debt (ie. courtesy of the Federal Reserve)
This just skews more money into being lost or wasted. Too much money, whether chasing goods or not, just dilutes the purchasing power of all money.
Depending on how rapacious the already wealthy are, this only funnels even more money into their coffers.
The poor remain poor, the already wealthy grow even more wealthy. Poverty is a state of mind.
... Gee .... Now they will be able to afford to buy that new gun they have been dreaming about.