As the coronavirus threatens to push the global economy into recession, the trump administration is rolling out an unusual idea: handing out free money.President donald trump and Treasury Secretary Steven Mnuchin proposed mailing out checks of up to$1,000 to American adults to quickly pump hundreds of billions of dollars into the U.S. economy at a time when airlines are slashing flights and officials are shuttering restaurants, sports arenas and other public venues.
Though details remained unclear, Washington could turn to the playbook it deployed in february 2008, when the Great Recession was just taking hold. The Economic Stimulus Act of 2008 provided payments averaging $600 per person, injecting more than $100 billion into the economy within a matter of months.
After the 1865 American Civil war, the USA has restricted the movements of its citizens within the state's borders. mexico urges citizens to stay at home for a month to reduce the spread of the Corona Virus. In this case, now reports are scary as they predict more than 100,000+ deaths in the USA alone.
