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A Google
search on this subject returns pages of links focused on who is eligible and
the mechanics of delivery.
Not so
available are links to how the money will be helpful to individuals and
ultimately to the economic recovery we desperately need.
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For those
who are in financial distress the money will be very helpful in buying
essentials and paying immediate bills, it’s not clear how that relates to
economic recovery?
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For those
who are not in financial distress ‘Yet’, it’s not clear that they will spend
this money for fear of their situation in the coming months, therefore it’s not
clear how this money relates to economic recovery?
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For those
who have some confidence in their financial stability going forward, not clear they
will spend this money in the near future because most businesses are not
functional, most people’s movements are constrained and the issues of ‘fear of
fear-itself’, therefore it’s not clear how this money relates to economic
recovery?
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Apparently to
drive an economic recovery, all those folks under 60 years old need to get back
to their 4Q2019 work, lifestyle and activities ASAP.
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That
process would stimulate all businesses and cause most recipients of the
Stimulus Money to spend that money with the associated consumer-multiplier 'raising all boats'.
There are
indicators that the stage may be set for that to happen in June. You Think?
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The Choice
-- There Isn’t Any Choice
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