So many people were either frowning or laughing at Andrew Yang's UBI plan and yet when the virus come along it took less than a few days after country wide shut down for government to UNANIMOUSLY pass bill to give $1,200 /month. I personally think a UBI plan will hinder US rather than help. The reality that this happen started off with big corporations not saving for a rain day and now are asking government for bailouts. If those corporations were not focused solely for investors profits and minimizing expenses to make a quick buck in a one of two quarters of earnings many of them probably would have had enough cash to support their employees.

Boeing is a good example. They kept paying out dividends to shareholders rather than using the money to focus on building a better product or fixing their 737 MAX when internally they knew the plane had issues. Or Disney where they have a cash reserve but furlough most of their employees while keeping their dividend for shareholders.

The government is exacerbating the problem by providing billions to these corporations while only providing $1,200 per a tax payer earning less than $75k. The government will likely make this worse by bailing out wall street first.

The real solution should have been to let things play out while the country was in lock down. The pain of inflated asset prices was bound to hit the country. The government has been borrowing from the future to pay for the present only to avoid the pain. It is making the situation once by kicking the can down the road the added borrowing is amplifying a massive debt that one day will be impossible for the country to repay.

I have hope the American spirit is still alive and ready to kick start and move on from all of this. When we pull through this it will not be government intervention that saved the country but the hard working men and women who composes this great country. The country went through wars, pandemics, and financial crisis before and this one although seems the most challenging yet because we are living through it, I say this too shall pass.