Now that everything has reopened isn’t it time to raise interest rates back and hike income taxes retroactively to pay back ?
We should have the wealth to do all of this
Require all businesses with borrowed money to return it in 14 days or be liquidated
Reduce all outstanding credit lines
End unemployment assistance to anyone back in their old job
Raise federal tax rate to 50 percent this one year to make up the stimulus shortfall
Consider a Fed borrowing rate of 10 percent this year only
Update:Between the stimulus received and better than expected retail growth these measures should not pinch too many people. With solid earnings and savings puts away we can take these on and still see a climbing stock market
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We are in unprecedented times. Job loss is being globally experienced. Workers from many sectors are in crisis. This is no time to further burden people with payments they can't make. We need to look at life in a whole new way. Humanity's survival depends on it. Basic income must be accompanied by some form of social give back and Education. People need to learn how to get along, to learn what is and isn't important to live a fulfilled and happy life.
Nature is pushing us in this direction.
Absolutely terrible ideas, which would be the beginning of a new great depression.
Ah, the ol' "stock market = the economy" moron.
you are far too abrupt in your polices for the reality on the ground -- far too many jobs would be erased as businesses fold
My state is about to be closed back down again.