What's this free 900 dollars from the government I keep hearing about?

You forgot to mention a crucial portion of any economy, and that is production.

Without production, without addressing structural issues, translated into creating decent paying jobs, any "short term, economic stimulus" plan, would be the akin to "economic masturbation"
It's good while it lasts.


Meanwhile, the U.S. service sector, a mainstay of the economy has continued to shrink.

The U.S. national debt is 9 trillion fucking dollars and rising. What is wrong with this picture??

Please tell us, where is the hell, the money to "boost this economy" is coming from???

You got it, from borrowed money. With more borrowed money, means more interest payments.

I think you're going to plunk any Economics 101 course. :talk2hand

 

People produce to meet demand, not just to create nice shiny new things.

"Structural issues"? The US has one of the lowest unemployment rates around. We don't need government created jobs.

That's the whole point, the economy is slowing down.

What's wrong is you don't measure it as a percentage of GDP, which is the only meaningful measure. Relative to GDP the debt isn't that high compared to many other countries.

As I keep saying, its a short term stimulus. Its not a remaking of the US economy. Its not going to massively change anything.