The $1200 Check for Every American and What’s Yet to Come

Recently, the CARES Act, the largest coronavirus relief package to date was signed into law, and it included, among many other things, a $1200 check for every legal adult resident making $75,000 (or $150,000 for couples), and $500 for each of their children. Jim and Owen discuss this major dispersement of unconditional cash, what it means in the short term and what we might expect going forward.  The Basic Income Podcast is moving to a non-weekly schedule. Please subscribe (or stay subscribed) to get all our new episodes as they arrive.