Unemployment checks are the fastest way to create jobs
Nancy Pelosi says, Unemployment checks are the fastest way to create jobs.
I suppose that all welfare payments could be thought of as the same thing.
Does money paid as a safety net enter the system, and help grocery stores, and landlords? Yes. Is it the best or fastest method to stimulate the economy?
No proof that I can find. It does not make sense to me. Any stimulus that it might create is negated by the source unemployed person. Also that person is paid only a percentage of what they really need to be a stimulation on the economy. Certainly there is no disposable income there to actually stimulate any more than the base line spending.