I’m sure Trump has already been working on this. He definitely won’t be opposed to it. Never thought I’d say this, but Trump loves stimulus that we cannot pay for.
Blue States slow walking their residents to re-open in order to collect billions from Feds. NY is paying unemployed more to stay home then the regular benefits until July. Cuomo wants at least 13 billion & growing, DeBlasio wants Billions for NYC...Trump will alienate Conservatives if he falls for this, & the Blue States won’t support him either. Pelosi needs to be shut down by Senate..high stakes drama..Hopefully Trump lets the Senate do their job, & stays out of it...but he never does...
Until the general public actually feels the national debt - in terms of direct higher taxes or higher interest rates, there is (unfortunately) no current political downside to stimulus.
The fact we are leaving this debt to our children just doesn’t sway anyone.
I’m an advocate for a special tax - not progressive - everyone has to pay an additional - say $500 a year - regardless of income - strictly to pay down the national debt; and that amount goes up as the debt goes up. That would change our thinking. (I also wouldn’t get elected!)