$1,200 Only Goes So Far - It's Time to Abolish Debt

Several shoppers were wearing masks Cashiers wiped touch screens for each new customer
(Image by wtop.com)   Details   DMCA

The coronavirus is like a deadly pollen blown by coughs and sneezes. The U.S. is in free fall. The economy is collapsing and politicians of both parties, terrified of national disintegration, quickly pass a $2 trillion stimulus. Soon $1,200 payments will arrive. Unemployment will be extended. Corporations will be bailed out.   

But it is not enough and when the stimulus check money runs dry Americans will be plunged deeper into debt. A Jubilee Year may be the only way for the government to remain stable. Already a massive infrastructure plan is being eyed by both Democrats and the Trump Administration.

However, it is not enough to provide work, the future demands forgiveness of past debts.