The use of graphs without defined coordinates is not tolerated very well in my field (physical chemistry.) What is the horizontal axis of the figure? is the first questionIi'd get if I put something like this up for nonspecialists. Or a class.
I hope you are right. But, a couple of concerns arise. Aren't the payments to individuals and families in upper-income brackets fueling an inflation of stock market values (since these people do not need to spend their payments, they can and do invest them in stocks)? And doesn't this lead to a higher likelihood of a damaging financial system crash? Finally, won't any attempt to raise taxes, especially in 2021 or 2022, play right into the hands of the GOP who will frame it as an attack on business and families (if a wealth tax) and everyone (if an income tax)? I.e., won't even an attempt at raising taxes guarantee a big GOP win in the next election?
The use of graphs without defined coordinates is not tolerated very well in my field (physical chemistry.) What is the horizontal axis of the figure? is the first questionIi'd get if I put something like this up for nonspecialists. Or a class.
I hope you are right. But, a couple of concerns arise. Aren't the payments to individuals and families in upper-income brackets fueling an inflation of stock market values (since these people do not need to spend their payments, they can and do invest them in stocks)? And doesn't this lead to a higher likelihood of a damaging financial system crash? Finally, won't any attempt to raise taxes, especially in 2021 or 2022, play right into the hands of the GOP who will frame it as an attack on business and families (if a wealth tax) and everyone (if an income tax)? I.e., won't even an attempt at raising taxes guarantee a big GOP win in the next election?