Jonathan Herzog

And then the other is that this is, to your point, actually one of the simplest.

It's the simplest in implementation, in administration, and even in communication.

We're kind of walking through all the nuances on the back end, but very simply, as Andrew Yang had said for almost two and a half years,

The Asian man wants to give you $1,000 a month for the rest of your life.

Very simple message to understand.

And to your point, the reasoning behind it is also very simple.

Now, people are literally dying.

Then people are struggling, can't pay their bills.

And so it's actually one of the simplest things to administer because the federal government is really, really good

people.

And we saw this now with the $1,200 stimulus check.

Granted, it's not enough.

Granted, there were some and many issues in the administration and hurdles.

But in large part, Nathan, it was because it was means tested.

Because they added all these hurdles, you have to prove you have a tax return.

You have to prove you're poor enough to get it under a certain income threshold.

So, what happens when we means test programs is we create all sorts of incentives in the form of lobbying and in the form of just even personal mechanisms to under-report or file in a particular state or have a particular marital status or what have you.

The simplest thing, the most efficient thing economically to pass is direct cash.

transfers directly to people.

Yeah, so again, a great question, but also just grounded in reality, where if you look at the GDPR, the set of data rules in Europe, again, highly imperfect, many flaws, many issues in the implementation and the enforcement.