But that is in normal times.
The driver for this depression is that people have to stay home to better survive the virus that our government and media failed to prepare for while pushing the imaginary threats of Arab terrorists and Russian scares.
The only thing that can work is a temporary Universal Basic Income with a temporary VALUE ADDED TAX.
Until there is a vaccine.Once there is a vaccine, then end the VAT immediately and phase out the UBI over 3 to 6 months.
The UBI will require a rebate scheme to prevent current employed and retired people from the real destruction of their purchasing power. I hate sales and VATS taxes like you do not know, but we need it in this type of emergency so we can partially fund the UBI in a quick synchronicity. Quick and simple so the national debt is held somewhat out of stratospheric levels.
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