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Individuals do not change their spending habits based on a one time "gift" of a few hundred dollars. At best, the proposed plan will create a short term boost, but even that is doubtful given the amount of debt currently being carried. It's far more likely the this money will mostly be used to pay existing debt.
What the country needs is a significant investment in infrastructure. Giving people jobs does change spending as the change in cash flow is anticipated to be permanent, not a one time windfall.

posted 4 years, 3 months ago
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