Because people will either save it (I would) or foolishly spend it, thinking christmas has come early. Then we'd be right back where we are now.
Granted, the only thing that will fix anything is time. The $7.4G is a handout for bonuses and capital for the well-connected to position themselves for the next bubble (snatch up all assets while they are undervalued). Increasing the debt only hurts the economy as a whole.
Granted, the only thing that will fix anything is time. The $7.4G is a handout for bonuses and capital for the well-connected to position themselves for the next bubble (snatch up all assets while they are undervalued). Increasing the debt only hurts the economy as a whole.