"New Research Supports Limiting $1,400 Stimulus Checks To Those Earning Under $75,000" (Commentary by John Friedman)
Professor of Economics and International and Public Affairs John Friedman, “We’re seeing a pretty similar effect in how low-income households spent the stimulus in the first and second rounds and a smaller spending impact for high-income households...Low-income households have suffered by far the biggest economic shock. They need the help the most.”
February 1, 2021 Forbes
Professor of Economics and International and Public Affairs John Friedman, “We’re seeing a pretty similar effect in how low-income households spent the stimulus in the first and second rounds and a smaller spending impact for high-income households...Low-income households have suffered by far the biggest economic shock. They need the help the most.”