Which would have been better for the US Economy?

The United States allocated $484 billion for PPP loans. These loans would be given to business owners and if they played the rules correctly... would not have to be paid back.

There were (roughly) 113 million taxpayers in 2019. If we would have given the 2019 taxpayers an even cut of the $484 billion... they would have received $3000 in 2020.

Do you think that would have been better or worse for the economy?

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Crazywaterspring · 61-69, M

A Universal Basic Income (UBI) like Andrew Yang promoted when a candidate for the Democratic nomination proposed would pay for itself based on stimulating economic activity. Working people tend to buy stuff or pay down debt which is itself a healthy thing.

Tax breaks are skewed toward big business and the already wealthy. They tend to hoard money through assets. Lower tax receipts increase deficits unless spending is adjusted.

Who came up with idea a business person would make a good politician?