People, please remember. The government gets revenue from people paying payroll taxes and from business taxes. If few are working and businesses have few customers, then the government is not collecting much in the way of taxes, but still has expenses. If you put money in the hands of people who earn little (as opposed to billionaires), they will spend it. As that money works it’s way through the economy, it gets taxed multiple times. So, the government will receive more in the end than it “gave away.” It’s Trickle Up economics, which, unlike Trickle Down, actually works and makes the economy stronger. A stronger economy will replenish the treasury. Without it, the treasury would gradually run out of money.
These are not handouts—this is a stimulus package.
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