Wouldn’t it be more appropriate just to hire people and set them to work in the NHS? It’s way past time the government stopped messing around and just hired all the spare labour - which can then be directed to assist the NHS or directed to stay at home as required. When there are so many people without work that want it we need to stop QE’ing Gilts and start QE’ing workers hours instead. All this could be done with a…
What will they spend it on? They can't go out, can't spend it on anything but essentials and some percentage of those essentials are difficult to get anyway.
Essentials, rent, utilities, insurance, vehicle costs, drugs, alcohol, tobacco, entertainment, gambling, software, online gaming, anything that can be picked up or delivered from industries that are still operating. Maybe they'll save some of it and spend it latter, or invest it now or later.