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One $1,200 stimulus check won’t cut it. Give Americans $2,000 a month tax-free to fire up the economy

Okay, ruling class. Time to practice some of that “quantitative easing” and fork it over. With all due respect to my many wonderful libertarian and an-cap friends who dismiss the UBI as crypto-statism, I regard the UBI merely as reparations from the state/ruling class/power elite enemy, i.e. forty acres and a mule. And a debt strike is merely a call for a reduction in statism, i.e. the state steps aside and no longer engages in debt enforcement.

By Tim Ryan

Market Watch

Since the coronavirus struck our shores, my focus has been on keeping Americans safe and ensuring working people don’t get left behind. Their struggles today are greater than ever. Too many have suffered job losses, shrinking income, isolation, and health issues — all while caring for children and other loved ones.

The one-time $1,200 stimulus check that many Americans are now receiving under the CARES Act was a good start, but it does not go far enough as this quarantine enters its second month. Rent is still due, credit card bills keep coming in, utilities still need to be paid, our phone plans haven’t gotten cheaper, we still need to buy groceries to feed our families. How far do politicians think one $1,200 check can stretch?

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