I actually like this idea. Do it for the next 2 months.
Laid off people don’t have to worry about rent or mortgage.
People will spend it and keep the economy going.
“People will spend it and keep the economy going.”
That apparently didn’t happen in 2008 with the rebate checks:
https://www.nber.org/papers/w14753
“Laid off people don’t have to worry about rent or mortgage.
People will spend it and keep the economy going.”
All we need is another housing collapse over unpaid mortgages.
I want to add. Don’t gripe when Republicans sign a measure to bail out airlines, travel industry and cruise ships to the tune I heard this morning of a $50-100 billion or more.