The typical response to this rather self-evident thought process is that people with more money in their pockets spend more, which stimulates the economy by putting more money into businesses pockets when consumers buy products, thereby allowing the business to hire more people.
Ignoring for the moment the inflationary effects of free money, that money that’s supposed to stimulate the economy by eventually ending up in the businesses’ hands, came from the businesses in the first place. It was taken from the businesses as taxes, then passed through the monumentally inefficient federal bureaucracy where it was split off into myriad pork projects, funneled to the special interests who lobbied the congress and got them elected through campaign contributions, managed and distributed through federal agencies who by their nature lack the efficiency-minded structure found in the private sector (think DMV), then passed out through welfare programs to recipients only for them to find out that businesses have responded to the higher taxes through increased prices and layoffs. One’s purchasing power isn’t really increased through raises or welfare assistance when prices of everything you buy are raised to compensate. How is the overall economy served?
Not sure if that’s a run-on sentence but it seemed to flow well enough.