How quickly would the recession that so many Americans feel has never ended, actually end for them, if every man, woman and child were to receive a $12,000 check, perhaps spread over 12 months, as stimulus? True, this is almost by definition, partly inflationary, though not as much as people might think, because of the demand-driven economic expansion that would surely follow. But, in any case, we can tax inflation away. We know where the fat is; it's in the fish's head.
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