Where Will the Stimulus/Relief Package Take Us?

But, if nothing else, this will be a very interesting experiment in macroeconomics. The neoliberalism that has defined the United States for the last 40 years has resulted in an obscene increase of wealth for the top 1%, even more so for the top 0.1%. What happens to all this money? Well, some of it buys yachts, but most of it goes into stock and bond portfolios, many of them offshore, where it stays, generation after generation.
OK, so what happens when $1.9 trillion goes into the hands of people whose net worth is less than, say, $250K? It’s spent, more or less immediately, into groceries, clothing, rent, car payments, and restaurants. Now it’s in the hands of grocery store owners, restaurateurs, etc., soon to be spent somewhere else.
We’ll soon see what a high velocity of money does to an economy that has been stagnant for the common American for the last four decades.

The American education system continues to decay, and the horrific results are all around us. Trumpism. Job openings going unfilled due to lack of skilled labor. Gun nuts. White nationalism.
Craig Shields:
Here’s why I haven’t been in a Walmart for the last 20+ years.
Let’s give credit where it’s due: Fox News’ Tucker Carlson has no reservation about making the most outrageous and indefensible comments in his nightly presentation of his version of the news.
Here’s an article that describes how
Is trillion-dollar public spending a good idea? That’s arguable.
Here’s an idea for would-be school shooters: Read this article on the two kids who die in a California high school shooting, then head to the gun expo advertised at the bottom of the page to arm yourself.
As a marketing consultant, I sometimes like to comment on extremely poor choices when it comes to promotion.
The cartoon here depicts something that is sickeningly real: Trump, acknowledged by GOP leaders to be a liar and criminal, continues to be the voice of the party.