There are a lot of businesses out there that are non-essential services, that will be hit hard by this. Someone still has to shop at the local bookstore when this is over, because those people – even with direct stimulus – will be struggling to stay afloat. If we want to start the economic flywheel spinning again, it's gonna take stimulus at pretty much all levels.
Most working class people will spend that money directly on essential goods and services. But for the health of the overall economy, it's important that enough people will have enough that they feel confident they can start going out again and supporting all sorts of shops.
Most working class people will spend that money directly on essential goods and services. But for the health of the overall economy, it's important that enough people will have enough that they feel confident they can start going out again and supporting all sorts of shops.