Horowitz: The immoral income inequality created by COVID fiscal and monetary policies

A couple of things to noodle over.
- Under most of that COVID stimulus Rs controlled the executive and the Senate. The article seems to want to blame the Ds but a simple look at the timeline belies that.
- It should not be of any surprise to anyone that the 1% can weather and even take advantage of a financial crisis when the "lower" income people cannot. A huge portion of our population can't even deal with a $500 unexpected expense, much less a years long pandemic induced shutdown.

I'm not going to claim to know all ends on this one, particularly with the fact that they seemed to give away a lot to people that didn't need it. I didn't need it. Despite that, it is foreseeable that given the precarious financial position of the majority of our population; without such injection of money to them they might have suffered much greater harm.

So yes, it was done pretty ham fistedly but it is more than likely it also did some good. But if it caused any "redistribution" of wealth or if that was caused by the pandemic induced financial situation, is harder to say. They just connect the two events together without showing any direct causality.