Posted on 09/17/2021 7:45:36 AM PDT by Diana in Wisconsin
The IRS has issued more than 169 million payments in the third round of direct stimulus aid, with more than 2 million people in July receiving the $1,400 checks. But some lawmakers are pushing for a fourth round of stimulus aid that would effectively send recurring payments until the pandemic ends.
So far, the federal response to the economic crisis caused by the coronavirus pandemic has paid out $3,200 to eligible adults: $1,200 under the Coronavirus Aid Relief and Economic Security Act in March 2020; $600 in a December relief measure; and $1,400 under the American Rescue Plan signed in March by President Joe Biden.
Despite that financial assistance, millions of Americans remain in financial distress, and the spread of the Delta variant is creating new economic headwinds. Almost one-quarter of Americans struggled to pay their household expenses in the previous week, according to new Census survey data that polled people during the last two weeks of August.
The unemployment rate stands at 5.2%, still higher than its pre-pandemic level of 3.5%. And while businesses are hiring, there are still about 5.3 million fewer people are on payrolls today than before the pandemic. Economists are signaling alarm over the spread of the Delta variant, with Oxford Economics recently cutting its forecast for 2021's global economic growth to 5.9% from 6.4%.
(Excerpt) Read more at msn.com ...
"This cliff threatens the economic recovery progress we have made by draining the economy of consumer spending, and will put millions of workers at risk of lasting hardship," said Century Foundation senior fellow Andrew Stettner in a statement.
It’s called “vote buying”.
Communism.
Training the public to accept and expect being paid to do nothing.
It is called the Communist strategy to close the Capitalist system. Put all small businesses out of business then the big corps can be taken over by the Communists.
The pandemic will never “end”—that is the whole point of it!
“until the pandemic ends”
It nearly has.
“In Scotland, it is estimated that over 9 in 10 adults, or 93.5% of the adult community population (95% credible interval: 92.2% to 94.6%) would have tested positive for antibodies to SARS-CoV-2 from a blood sample in the week beginning 26 July 2021, suggesting that they had the infection in the past or have been vaccinated.”
“The percentage of adults in the community population testing positive for antibodies aged 16 to 24 years was 83.3% (95% credible interval: 77.5% to 87.8%). The percentage testing positive for antibodies in those aged 25 and over ranged from 87.6% to 96.4%; the highest percentage of people testing positive for antibodies was in those aged 50 to 59 at 96.4% (95% credible interval: 95.0% to 97.5%).”
people aren’t filling openings so give them more money, brilliant...
Any doctor who tests for antibodies will need to lose their license—this “pandemic ending” data is heresy and the witches will be burned!
“Put all small businesses out of business then the big corps can be taken over by the Communists.”
The modern FDR way is to have the workers unionize and milk each big corp nearly dry. Ask some GM shareholders or any UAW or National Labor Relations Board member how this is done.
Marxist Medicine is upon us.
Still haven’t got the third one!
I haven’t gotten one.
You’re welcome!
Fear not, leftists... Nancy & Co. already have the wheels of fraud spinning like a pulsar.
Are you Chinese buying up treasury bonds? If not, then you’re not welcome.
Wait until 20+ million get canned for not taking the “vaccine”.
America is as much Fascist as it is Communist, if not more so.
Good point.
What's left of restaurants, hotels and retail will be facing big drops in customers and income. Then more layoffs. Dems want to see smiling faces of people taking socialist money in time for the election.
I haven’t gotten one.
You’re welcome!
I was jabbed under duress.....how dare my family do this to me......(I’m still skirting around the booster). Damn, one day you gotta have it, next day you don’t gotta have it.....I don’t trust this gooberment OR the providers of the vaccines!!!
Joe owes me $600.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.