Economist Behind 2008 Financial Crash Among Elites Warning Against $2000 Stimulus Checks

78% of Americans support the proposed $2,000 stimulus check, but that hasn’t stopped the Washington Post, New York Times, and a cadre of DC economic elites from sounding the alarm against the measure

[mintpressnews.com]

{The cost of the project, estimated by detractors at around $464 billion, is less than one-quarter of what the billionaire class has increased its wealth by in 2020. At the same time as the super-rich have been getting richer, however, ordinary Americans have been suffering. A September report noted that 56 million had been forced to use a food bank at some point, while 51 million Americans were made unemployed by July. A poll released Monday found that Americans rated 2020 to be the worst year in modern history. A $2,000 check at the end of it might have made some difference in their outlook, but if Summers has anything to do with it, that will not be coming their way at all.}

Not by any means of even remotely can we be seen as part of that group.