The so-called stimulus bill that just passed will be providing American families with $600. Total. Not per week, not per month. One time. How much do you think that will do to stimulate the economy?
Food banks are being strained beyond capacity. Tens of millions of Americans are out of work. Many businesses are being shut down because of the stay at home orders to slow the spread of Covid.
And the government came up with $600.
Specifically, Mitch McConnell decided that you would only get $600.
If we wanted to truly stimulate the economy, give every American household $10,000. With 122 million households, that would cost around $1.2 trillion. Think about the financial security that would provide to so many people right now. And don’t believe Republican “deficit hawks” who are clutching their pearls about such a massive amount. They have certainly shown the ability to stomach such large amounts when it goes for massive tax cuts for corporations and the ultra-wealthy.