this post was submitted on 05 Aug 2026
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Let's be honest. The highest estimates I find are around $160 billion in illegal tariffs. If we split that evenly it would work out to around $640 for every person over 18 in the country.
What good would giving 250 million people each $640 do? For 99% of them it would be gone as soon as they got it. They'd waste it on things like rent, bills, food, gas money. Temporary things. Within a month almost no one would have anything to show for it.
But giving a relative handful of large companies hundreds of millions to several billion dollars each? For them it's pure profit. Their bills are already paid. They've already used the profits from that year for stock buybacks to get their wealthy shareholders more money and divided the rest giving their executives huge bonuses. And now suddenly they all have huge amounts more profit almost out of thin air.
It's money to invest in AI to replace human labor so the coming years can be even better, to do even more stock buybacks so that the people who own the most stock in each company see huge increases in their net worth, or do give CEOS a second round of yearly bonus. Months and years from now there will still be amazing homes, yachts, private islands, and new faces that we'll all be able to point to as the lasting good that came from this.
You say that, but something a lot like that already happened: https://en.wikipedia.org/wiki/Economic_Stimulus_Act_of_2008
Most everyone I knew spent it on HDTVs. Economic stimulus indeed.
You think I don't rem... oh Christ, it was 18 years ago? There really are people here who wouldn't remember it.
Yes. I know. I'm sort of surprised anyone could read my post and not see all the sarcasm. I do not really believe that spending money on food or rent is wasting it. It's needing to use that money in order to keep living. Companies getting it all to make the rich richer and buy yachts and new faces is not something I actually consider to be better.
No matter what they spent it on, it was still stimulating the economy.