We know because this was a unique moment in American history, and there have already been many studies about it, and they have confirmed the economic power of those stumulus checks. They are the reason that the economy emerged from the pandemic in relatively decent shape. Serious inflation followed, but studies have also confirmed that most of that inflation was caused by corporate profit-gouging and greedflatuon, not normal economic fluctuations.

Those were just examples, and not the only vectors for stimulus. For many people, paying off bills, getting long-deferred medical work done, fixing their vehicle, replacing ailing appliances, subscribing to streaming platforms for something to watch while in quarantine, and much more, happened because people suddenly had some money to make their lives a little better. It demonstrates that if we really want to hand out money to stimulate the economy, we shouldn’t give it Sociopathic Oligarchs with Financial OCD/ Hoarding Disorder, who will instantly turn it into dead money by stuffing it into offshore tax accounts, we should give it to the working class, who will spend it, and actually stimulate the economy for real.