I just ran some numbers. Let’s say we spend 5 trillion on this stimulus. At $250,000 per house, you could build 20 million homes with that money. The average cost for a house in this country is about $226,000. There are only 14 million African-American families in the country. So in theory, every African-American family could have a brand new $357,000 house. Since many African-American families already own homes, and since that average cost is far above average, it wouldn’t cost near 5 trillion to do that.
Not sure what my thoughts are on that but it sort of makes you wonder how doing something like that would help poverty (we spend 1 trillion on welfare every year), economic equality, racism, education, and so forth. An interesting question to ponder. Are we spending money the wisest way possible?