In Reply to: stimulis posted by David D. Smith on March 26, 2020 at 06:37:51:
Dividing the $6T of the so-called stimulus bill and the Fed actions by the number of folks in the US results in about $30,000 for every man, woman and child regardless of whether they work (or have ever worked) or not.
Every one of those dollars must be printed or borrowed.
This also sets a precedent. Hereafter, such nonsense will be mandatory every time the economy takes a dip.