Is the Check in the Mail?
With the economy continuing to struggle talk of a second stimulus check is gaining ground. Given how far and how fast the world economy has cratered, a second stimulus check for US citizens might not be a terrible thing. It’s mind boggling to think our US deficit is approaching 1 Trillion dollars, but rather than sit back and let everything melt down it doesn’t hurt to try some things that may spur economic development. I also wouldn’t be surprised to see the Federal Funds rate lowered all the way down to 0.5% – to hopefully spur loans between banks and even more importantly from banks to consumers.
What do you think? Do we need another stimulus check? What about a tax break? How broad should these be?
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