Question

What is your personal opinion on stimulus checks? Should people in the upper class be forced to spend stimulus checks so that they create an increase in GDP over just using the cash as savings? With balancing our budget are there ways we can cut back funding in term s of military equipment in order to spend it on stimulus checks and relief plans?

Answer 1

stimulus checks something that is necessary especially during the time of a pandemic and other crisis situations because many people will lose their jobs especially in a country like United States of America where employment is driven by daily and monthly profits on the whole. the upper middle class spending is a discussion that has many pros and cons with respect to stimulus chicks are concerned where if the upper middle class are forced to spend more then what happens is that they might be demotivated to do more amount of business as a result of which it would be difficult to stimulate economic growth and regain the lost jobs. With balancing the budget, there is still a way to cut back on military spending where the innovation in research and development activities in military spending might be halted in the country gets better and these funds can be used back for the stimulus checks