4. Spending the tax money like crazy, to give the poor some money to buy things.... | Hacker News

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		deepsun on May 22, 2024 \| parent \| context \| favorite \| on: Business Booms and Depressions Since 1775 (1943) 4. Spending the tax money like crazy, to give the poor some money to buy things. Hoover Dam, Golden Gate Bridge etc are nice takeaway of that generosity frenzy. Too bad during COVID gov just gave cash, not getting any infrastructure in return.

tim333 on May 22, 2024 | [–]

For better or worse the policy was stay home and isolate rather than come together and build stuff.

chasd00 on May 22, 2024 | [–]

COVID wasn't a lack of employment problem, everyone had jobs, the government decided to pay people to stay home. It was a handout specifically aimed at not building anything at all.

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