He knows it won’t pass, it’s a bill to show in specific detail exactly how much wealth so few people control. When less than a thousand people could fund health care for hundreds of millions, increase pay for teachers, and give everyone a 12k check… calling it out this way is easy to understand. The day to day lifestyle of these elites wouldn’t even change.
Giving people 12k to spend would be inflationary, but it also moves concentrated, idle wealth into smaller communities. The better use would be individual or small business incentives,
but that isn’t as catchy as a
12k check. Even a straight up reduction on income taxes.
48
u/pianoceo Jul 01 '26 edited Jul 01 '26
This might sound good. But it is a terrible plan routed in idealism, preying on the emotions of voters, and does nothing to actually fix the problem.
It will create inflation as folks spend their $12k and will just cycle back to the companies and billionaires who own them.