Read on Twitter
I thought this was going to be about something else entirely, but it’s extremely correct https://twitter.com/m_c_klein/status/1345495905152077824
The checks are imperfect in various ways but as @MattBruenig has been saying they compare favorably to existing tax credit programs that aren’t so controversial.
They also point toward a better way of curing recessions in the future. https://www.slowboring.com/p/helicopter-money
They also point toward a better way of curing recessions in the future. https://www.slowboring.com/p/helicopter-money
And their political popularity opens to door to recognizing the general goodness of the welfare state. https://www.slowboring.com/p/the-welfare-state-is-extremely-good
I’m gonna write a full article on this later, but a broader issue that the checks intersect with is the need to think about how to make policy in a low-trust world.
Great thing about the checks is it does exactly what it says on the tin.
Great thing about the checks is it does exactly what it says on the tin.
