Mark Cuban Has Ideas On How To Boost The Pandemic Economy
Written by Site Hub on September 25, 2020
Mark Cuban has spoke up and really thinks that Americans should be getting a $1000 check every two weeks until December for pandemic assistance.
The billionaire thinks that Americans need this help now as much as they did when the pandemic began. He also has observed a “two-economy” system, where some can pay their bills and others cannot.
An interesting clause on the proposed assistance would be a “use it or lose it” policy, where if the recipients didn’t use the money within 10 days, it would disappear.
Cuban commented on his idea, saying:
“The whole goal is to get that money every two weeks into the economy,” Cuban said. “Once businesses start having demand, even if they’re closed and working online, then there is a reason for them to be able to bring back employees and retain those employees if demand is sustained.”