There is a translation of this article into French

150 economists in the United States have signed an open letter that asks for

  • “Direct cash payments are an essential tool that will boost economic security, drive consumer spending, hasten the recovery, and promote certainty at all levels of government and the economy – for as long as necessary….
  • The economic pain is widespread and the need for immediate, bold action is clear….
  • Regular, lasting direct stimulus payments will boost consumer spending, driving the economic recovery and shortening the recession….
  • Automatic stabilizers ensure relief for as long as it is needed, promoting a strong recovery and efficient government.
  • With many unknowns, it is critical to enact policies that will help promote a robust, sustained, racially equitable recovery and will stay in place until Americans are back on their feet….” 

For further details, see Michael Howard’s article on the USBIG website.

About Michael Howard

Michael Howard has written 7 articles.

Michael W. Howard is Professor of Philosophy at the University of Maine, USA. He is the coordinator of the US Basic Income Guarantee Network, co-editor of Basic Income Studies, and co-editor, with Karl Widerquist, of two books on Alaska's Permanent Fund Dividend.