Quote:
Originally Posted by Riot
So you don't think a 15% reduction in overall business would hurt the economy in a deep recession?
Can you post one respected economist that says that taking millions off unemployment will not negatively affect the economy? That if the dollars in those unemployment checks are removed during this deep recession the economy will not suffer? I'll wait.
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15% reduction assumes that no one that loses benefits isn't going to accept a lesser job now that the reality of free money has ended.
Plus how how much economic stimulus comes from paying your utility bill or an oil company?
Not much.