Hacker News new | ask | show | jobs
by checkcircuits 1202 days ago
> it was impossible to right-size the stimulus

This is wrong. DETR, the Nevada Unemployment Office, gave out 1.4B too much [0]. I am absolutely sure this is not an isolated case. The absolute level of corruption disguised at absolute incompetence is too high to let the government off that easily. 2020-2021 was the biggest wealth transfer from the poor to the ultra rich in the history of the world. The stimulus didn't even have a clawback attached to it.

[0] https://www.ktnv.com/13-investigates/detr-sent-out-1-4-billi...