Kevin O’Leary on stimulus checks: Stop ‘sending everybody free money’

Kevin O’Leary on stimulus checks: Stop ‘sending everybody free money’

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Shark Tank investor and Chairman of O’Shares ETF, Kevin O’Leary, told Yahoo Finance Live that’s not the best use of taxpayer money. “We’re just sending everybody free money from a helicopter,” he said. “That’s not a great idea.”

Instead, O’Leary said the U.S. government should only send checks to the unemployed, and pour more money into ramping up vaccine distribution.

“I don’t know why we’re sending checks to people that are already employed,” said O’Leary. “That makes no sense to me. The deal should be this. If you are displaced by the pandemic, we will send you a check, because you’re unemployed.”

Source: finance.yahoo.com


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