This won't work.
You introduce so many more problems with handing out money than it solves.
For example, once you fix the amount of money you hand out, WHO is going to decide at what levels or how much?
Then that opens up a whole new box of worms, since you are fixing incomes, what prices should products be priced at?
Who is going to play god in all of this?
You know, Einstein once said, The definition of insanity is continually doing the same thing over and over again and expecting a different result.
I am of course referring to Socialism and Communism, which failed spectacularly in the 1900's and 20th century, almost taking the world with it.
Now the 21st century people continually expect that getting something for free is the best way to solve peoples economic and social problems.and socialism and communism continue to be extremely cruel, and brutal methods of rules still practiced
When will it stop?
Even Christ, the prince of peace realised this when Peter and Paul and the rest of their disciples had to pay Roman taxes of the amount of two gold coins, and they had no money. Christ instructed them to go fishing, or DO WORK, and look for two gold coins out of the mouth of a fish among the many and take them and go pay taxes.
Presumably they used the rest of the catch to feed themselves, the poor as well.
The moral of the story is, it is not a good idea for human beings to not do work. Everyone needs to get up and do SOMETHING daily and contribute according to their means.
Incredibly, lastly maybe we should be asking why is it that everyone puts up with the concentration of capital and potential in the hands of 1% or less of the population? When it is a proven fact these people have broken the laws to obtain this extraordinary amount of wealth by price rigging Gold, Silver, LIBOR...it goes on and on and ON!!!!
Why is it that we allow this to continue screwing up the fair market system and making a mockey of capitalism?
Why is it that we allow these people from the 2007 banking crisis destroy the opportunity of the young people to have a life outside of their parents basement?
Why is that these people stole this money in 2007 from the American people are still walking around ALIVE AND WELL and continue to make a mockery of our laws, our constitution???
Do you think you can have a healthy economic system with all of this continual fraud?
If we would simply enforce the laws and jail or execute these people for treason that were involved in the 2007 banking crisis we wouldn't have to hand out money to millions of people to do absolutely NOTHING with their lives.
PS: Even if you are OLD and can't work anymore, WE USE TO be able to save money in a bank and get a decent interest rate based on return to fund our later years. You can't even do that anymore because they criminally destroyed the currency markets and reduced the interest rates to zero by fixing the LIBOR interest rates to cover all of the losses the banks made on criminal activities.
LIKE LAUNDERING DRUG AND ISIS MONEY.