There’s $2 trillion in cash headed straight into the US economy, and today we’re going to grab a share, both in the form of price gains and dividends.
I’m talking about the latest stimulus plan that’s made its way through the House of Representatives.
While plenty of folks fret over the rise in public debt this $1.9-trillion plan brings—and that’s a real concern—it’s a problem for another day. The cash is needed to get the economy through to the other side of the current crisis.
And pretty well all of this package is set to get spent through direct payouts to people and organizations that will spend it, with the headline item being $1,400 in stimulus checks (or about $1.1 trillion in all) going to taxpayers.… Read more