Less tweets, more checks

When you deposit $1200 into the checking account of a person who is struggling to pay their bills and feed their family, a very interesting thing happens – they actually spend that money in the real economy. We saw this happen over the summer, unequivocally. The money moved around. Tax cuts for the already wealthy do not produce the same effect. We saw this happen during 2018 and 2019, also unequivocally. Within two...

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source https://thereformedbroker.com/2020/10/07/less-tweets-more-checks/

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