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.
Republicans are going to delay it..
Well, here’s written evidence that more education does NOT make you smarter.
Please answer me this, you socialist-wannabes: from where does the value of the continuous direct cash payments derive, and what is the motivation for continuous economic production once said payments are enacted?
Maybe these so-called economists should invest less time chatting among themselves and more time reading and understanding that socialistic economic policy has universally failed whenever and wherever it was enacted.
UBI is necessary moving forward for economic vitality and improvement and survival of the human condition.