NEW on Biden $1.9T plan: -- $2K checks (adds $1,400 to $600). Adult dependents IN -- $400/week UI thru Sept, will push 4 "triggers." Not retroactive -- CTC to $3,000/yr per kid, fully refundable -- $15/hr min. wage -- Eviction moratorium thru 9/21 washingtonpost.com/us-policy…

Biden unveils $1.9 trillion economic and health-care relief package

President-elect Joe Biden is preparing to unveil an emergency relief plan Thursday evening to combat the coronavirus and deliver direct aid to American families, with a major focus on boosting...

washingtonpost.com
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funny you can get all this and more for $1.9 trillion That's the same cost of the tax cut for the rich and corporations
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And that tax cut should be repealed (but middle class cuts put back in).
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What's not funny is that we'll end up with $3.8 trillion of deficit spending ++ and no one is freaking out.
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Replying to @spyglassideas @DanPriceSeattle @JStein_WaPo
Read Stephanie Kelton “The Deficit Myth”

Jan 15, 2021 · 3:27 PM UTC

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Replying to @marwilliamson @DanPriceSeattle @JStein_WaPo
MMT is dangerous thinking. What we should value most is sound money. What good is $15 min wage if a loaf of bread costs $15? It's about relative wealth. Better antitrust policy and letting bad corporations fail will lead to greater wealth equality than deficit spending.
Replying to @marwilliamson @DanPriceSeattle @JStein_WaPo
Money printing and deficit spending do the same for the wealthy as corporate bailouts and tax cuts. I'm all for $1.9 trillion of stimulus for the avg American but let's find $1.9 trillion in new taxes to pay for it. Perhaps a carbon tax on the wealthy is a good place to start.