protectionist
Diamond Member
- Oct 20, 2013
- 57,206
- 18,369
- 2,250
On the one side, it is argued that Mitch McConnell is only giving in to Democrats' economic stimulus demands, because it is politically hazardous to allow Democrats to blame Republicans for not giving the American people economic relief when they badly need it.
On the other hand, it's argued that this money will have to be paid back, at some point, probably by future generations, who will get stuck with the bill.
While I don't disagree with both of these, I would like to add 2 more points of my own >>>
1. Many Americans are suffering, unexpected and extraordinary losses of income, and are in great need of economic assistance.
2. Many American businesses are suffering, and putting money into the hands of the lower economic classes of Americans, will surely see that money being pumped back into the economy, as $ALE$ for those businesses.
I think politics or no politics, debt or no debt, the stimulus checks are helpful and necessary.
On the other hand, it's argued that this money will have to be paid back, at some point, probably by future generations, who will get stuck with the bill.
While I don't disagree with both of these, I would like to add 2 more points of my own >>>
1. Many Americans are suffering, unexpected and extraordinary losses of income, and are in great need of economic assistance.
2. Many American businesses are suffering, and putting money into the hands of the lower economic classes of Americans, will surely see that money being pumped back into the economy, as $ALE$ for those businesses.
I think politics or no politics, debt or no debt, the stimulus checks are helpful and necessary.