Economists: Biden's $1,400 COVID-19 checks may be great politics, but it's questionable economics
- Written by Robert H. Scott III, Professor of Economics & Finance, Monmouth University
Most people used the first coronavirus check to pad their savings or pay down debt.
AP Photo/Eric GayThe US$1,400 direct checks to people are the most expensive and perhaps most popular part of the $1.9 trillion coronavirus relief package racing its way through Congress right now.
The House is set to vote on a final version of the package...


