Quote:
Originally Posted by nfotiu
I guess the question would be, would those industries would see more people spending at them if everyone has an extra $2k? My whole argument is the money should go to the 10% unemployed, or people who've lost work, not everyone.
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In West Texas generally?
Sure, given that the economy there is mostly oil and gas, and more money in everyone’s pockets would likely lead to more travel or buying online, which results in more oil and gas being used, and so more oil and gas production.
And for the local economy, most who live there don’t believe in the virus anyway, so they’d use the money to eat out more or to buy more sporting goods, which would keep restaurants open (and jobs going) or businesses open (and jobs going).
But I tell you what. If you don’t want your stimulus check, I’ll take it. I haven’t received one yet, and I’ve been unemployed since March.