Fears of higher deficit shouldn’t halt stimulus aid
In recent days I have been listening to the people in government talking about how giving more money to help people during this COVID-19 pandemic would raise the deficit. I agree that giving money to people in need might make the deficit rise. The same thing happened when the Republicans gave a big tax cut to the super rich. The only difference is we have a consumer-driven economy. This means that money needs to be spent to help the economy grow. The tax cuts didn’t put money in the economy but actually took money out. From March through October, more than 4.2 billion meals were ...