We get the daily feed from Governor Cuomo here in NY; maybe that's nationwide since it's the epicenter state. Anyway, he continues to offer "next step" questions at his press conferences, which kind of remind me of the way his dad would speak and interact, more philosophically. Today he said that the national solution being offered right now is to print money. And he said, you know at some point there have to be some services rendered for money printing to work - some exchange of value. I think that takes a whack at the whacky solution of just paying everyone $1000 a month ($2000?) to stay home for a year. At some point along the way, $1000 will be worth about ten cents.
Dave Benke
Odd that a Democrat would raise that issue (my party seems to want to give everything away for free), but he is right.
Last year we (taxpayers) paid $749 Billion in interest on the current debt. Adding another $2 Trillion to the debt is indeed frightening.