In Reply to: ... elementary lesson in economics ... posted by Dave Smith on March 25, 2019 at 15:51:53:
One minor exception (possibly) being that now they all had to report income and pay taxes on the money. 5 people paying taxes (should) give all that money back to the feds.
Thank you. However as the national debt was raised to do the stimulus, all seems to have done was inflate the bubble even more.
So instead of little growth spurts, now you have a large burst of air into the balloon.
Got a needle?