The US government should pull out all the stops in mitigating the economic fallout from COVID-19, not just by disbursing cash to all households, but also by implementing a federal job guarantee and many other long-overdue policies. After all, for a self-financing government, money is no object.
These are all things that can be done by the government as they’ve been done in the past.
Source: What Would Roosevelt Do? by Pavlina R. Tcherneva – Project Syndicate