Billionaire Calls For ‘Trickle Up’ Economics: $2,000 Monthly Checks To Boost Consumer Demand

In a series of tweets, billionaire Mark Cuban called for “trickle up” economics, noting that “No amount of loans to businesses will save them or jobs if their customers aren’t buying.”

His plan calls for $2,000 a month payments, with a twist:

“All 128m households could get a $1k check every 2 weeks for the next 2 months that MUST BE SPENT WITHIN 10 DAYS OF RECEIPT OR IT EXPIRES.”

The expiration date is to ensure that the money is used to increase consumer demand, rather than end up in savings.

Cuban does acknowledge that “There is certainly a lot of risk in this use it or lose it approach. A lot to be considered.”

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