Home Economy The IRS sends the second stimulus payment: Economy

The IRS sends the second stimulus payment: Economy


Circumstances where sending checks to people makes sense:

[ ] Record household savings

[ ] Inflation expectations increased

[ ] Strong real GDP growth forecast for the near future

[ ] The fiscal crisis disproportionately affected the lower classes while leaving the upper and middle classes virtually unaffected, making aid easier for those in need.

[x] The orange man tweeted about it to resent his own party and spoil the treasury secretary’s negotiated agreement, and the opposition party said it was a good idea.

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