The pandemic forced upon the savants of the American economy an uncomfortable truth. For all the talk of bootstraps and deficits, hammocks and debt, if you give poor people more money, their lives will generally improve because they will become less poor. This, of course, is a corollary to the shebeen’s First Law of Economics: Fck The Deficit. People Got No Jobs. People Got No Money. And if you take that money away, these people become more poor again.
