In recent days, outside-the-box Democrats like Alexandria Ocasio-Cortez and Andrew Yang have said Americans should be issued monthly “universal basic income”–style checks by the federal government during the coronavirus crisis in order to compensate for the lost wages and reduced spending associated with closures of nonessential businesses.
On Monday, the very embodiment of buttoned-up fiscal conservatism, Utah Sen. Mitt Romney, proposed something similar. His statement : Every American adult should immediately receive $1,000 to help ensure families and workers can meet their short-term obligations and increase spending in the economy. Congress took similar action during the 2001 and 2008 recessions. […]
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