Giving the stimulus money to everyone, while perhaps a fairer thing to do (considering they are the ones who will ultimately pay it back), probably wouldn't be much different from just loaning them the money, with the following conditions: they don't have to take the money, but they do have to pay it back, with interest. At this point though, I think the last thing The American Public or America needs is another loan
What they could use is higher interest rates in their savings accounts. And, for many Americans, particularly young ones, to see home prices fall a lot farther, would be great!
The Fed is obsessed with Deflation
I think most Americans would benefit from deflation.