Mr. Biden, a Long-Term Data Driven Demand Side (Consumer Spending) Plan is Better than a Short-Term One. : ThyBlackMan.com
Joe Biden is poised to launch a Covid-19 economic relief plan worth trillions of dollars. Here are some meaningful observations for all of us to consider in the run-up to Mr. Biden’s planned announcement of the details of his Covid-19 economic spending plan on Thursday. It is questionable, whether Mr. Biden, the Democratic Party, and his economic team view direct payments to consumers as a Direct Consumer Tax Cut. Obviously, if they admitted it, they would have to admit to how remarkably successful CONSUMER SPENDING has been at creating jobs throughout this Economic Downturn. The Cares Ac...