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2020-03-11 — bloomberg.com
What would be better? Direct, targeted financial assistance. That would mean sending checks to low-income households in areas with a severe coronavirus outbreak, or who are otherwise economically vulnerable to the virus.
These payments would help the nonworking elderly along with workers, would not offer a larger benefit to higher-income Americans, would arrive quickly and in a lump sum, would be less expensive than cutting payroll taxes for all workers, and would be focused on those who really need assistance. This assistance could begin immediately for low-income households in Seattle, New Rochelle, New York, and other areas where low-income Americans are sure to have trouble paying bills and buying necessities. Well gee, the "problem" with this plan is it wouldn't constitute a bribe paid to Americans broadly -- coincidentally, we're sure -- right up to the election in November... source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |