Yes, I know Yang’s plan was for universal income, but this falls under that umbrella, does it not?
I’m not really sure if this is a good idea or not. Yes, money in pockets is ALWAYS a good idea. But the last time I recall something like this was when George W. Bush gave us all $600 because there was a budget surplus and he felt we, the people, should get some of our money back. (Of course, we were in an unfunded war a couple of years later and that money would have come in handy…)
So the possibility exists that 1) we are going to get a check for $1000 for each taxpayer. 2) The Fed is going to start buying bonds (quantitative easing). 3) The government is going to start buying oil from American companies to keep them from going bust (A quick thank you to Russia and Saudi Arabia for that little purchase) 4) the airline and cruise industries are going to get a government bailout and 5) We still don’t know how many people have actually contracted COVID-19 (but that is improving now).
How does the Libertarian leaners on this forum feel about all of this government intervention? And where were their thoughts in 2009 when Obama took similar actions in the face of the Great Recession? And how is this time different?