Mark Cuban Thinks Americans Should Get $1,000 Every 2 Weeks for 2 Months
Um, can Mark Cuban please run for president? LOL
As hundreds of thousands of Americans find themselves out of work more than six months into the pandemic, the U.S. Department of Labor announced 870,000 Americans filed initial claims for unemployment during a seven-day period ending September 19.
Meanwhile, the single round of stimulus checks that went out initially has since come and gone for many of us. Thankfully, Mark has an idea.
Mark proposed a plan that would have the government approve a package that sends $1,000 checks to every American household, no matter their income bracket.
“Those without [help] are struggling badly,” he told CNBC. “We need to get them help.”
Still, Mark says everyone who receives a check would need to spend it within 10 days or risk losing it, he later explained, saying it would help promote spending and place the cash in the hands of businesses who may desperately need it.
“I don’t care what they spend it on,” he said. “It could be candy, it could be rent, it could be their mortgage, it could be anything they deem necessary or that they want.”
“The whole goal is to get that money every two weeks into the economy,” he added. “Once businesses start having demand, even if they’re closed and working online, then there is a reason for them to be able to bring back employees and retain those employees if demand is sustained.”
Um, we totally agree with this plan! Read the rest of what he had to say HERE.