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am_Unition  ·  1448 days ago  ·  link  ·    ·  parent  ·  post: Finnish basic income pilot improved wellbeing

If every American were given $1.2k every month for a year, that's around $4.75 trillion annually. We're poised to spend at least that much on (non-QE) covid-19 relief, and it looks like most people are only going to receive one payment of $1.2k.

Where did the rest go? To subsidizing emergency supplies, facilities, and frontline workers? Obviously not. Edit: Some obviously went to "small businesses", but we're going to learn how that turned out. One way or another. Heard some horror stories already, where basic research on behalf of the feds should have prevented deceptions that were instead allowed. The Los Angeles Lakers are not a small business.

Almost all remaining favorable opinions of Trump will sour long before November. He'll do everything he can to cancel the election or invalidate the results.