Second Stimulus - There is a fundamental difference between bailing out people who made bad decisions, and providing an on ramp to success for people who just didn't have opportunity. The first one creates moral hazard which harms growth and equality. The second one is a stimulus.

10:49pm PDT - August 11th, 2022

There is a fundamental difference between bailing out people who made bad decisions, and providing an on ramp to success for people who just didn't have opportunity. The first one creates moral hazard which harms growth and equality. The second one is a stimulus.

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Matthew No more Peculiar Institutions (@stidmatt)