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Santa Claus Government
Santa Claus government is not sustainable! With the ALG Minute, I'm Catherine Mortensen. “While our nation has unprecedented challenges as a result of the devastating Chinese virus and its impact on our economy, it is time for the federal government to stop playing Santa Claus with money that we don’t have. The average family of four has already received $3,400 under the CARES Act, and now under the just-signed Covid relief bill they’ll receive an additional $2,400 — a combined $5,800 in direct payments this calendar year alone. In the future it may be necessary to support industries and small businesses that continue to be negatively impacted by state government economic lockdowns, however - the impulse to send everybody another check should be resisted the same way that taking another hit on a highly addictive drug should be. With the vaccine being distributed, the federal and state governments need to be planning reopening strategies, and any additional stimulus should be directed to ensuring that people get back to work.
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