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The vast majority of people would be buying cigarettes, beer and 7/11 hot dogs. I don't think the money would be funneling back into the economy in an optimal way as it would just end up in the hands of a few large corporations. And the marginal positive impact it would do for the economy would be negated by the incredibly high cost.
The democrats all seem to think that there's an endless supply of money that can be pulled for free healthcare, free college, UBI, $15+/hr minimum wage, etc. Now Bernie is at least admitting that his programs will be funded by taxes. If any of these people are end up in the white house you can expect your effective salary to drop significantly as a result of higher taxes and an overall higher cost of living.
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