It doesnt look like the USG will do another round of stimulus checks to the population. Of course, they believe that things are going to be good as the economy "reopens". I disagree with this assessment that things are going well. They are a mess.
Nevertheless, they will continue to believe that until it is too late. The Fed is doing the same thing.
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I think we will have recurring stimulus checks at this point. There is no stopping it since it seems like that is the popular opinion of the public and the democrats.
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Everyone blamed the market for screaming when the easing was temporarily stopped a few years ago by the Fed. The economy also couldnt handle it and it was on firmer footing then. With all the tax mess coming out of Washington along with the effects of the lockdowns, we are seeing major headwinds.
I think there is a lot being overlooked.
Oh and by the way, technology is racing ahead. That impact seems to be overlooked regularly by people.
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I guess things are F-ed up either way
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On a global scale, I believe the economic situation is. This is going to last a while.
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Do we need another round of stimulus checks? I do not think so. The pandemic seems to be winding down. Tax credits for children sounds good. Time for youngsters to get back to work if they are able. There are plenty of jobs offering sign up bonuses and high wages, at least in my area.
Shoot if they cut my military pension I will go start pushing shopping carts in the supermarket parking lots or stock shelves at the local Dollar General. I will have no other choice!
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