Massive federal spending meant to blunt the coronavirus’s economic impact could have long-term costs, experts say — meaning those stimulus checks might not be free money after all.
Congress’s unprecedented stimulus measures coupled with the Federal Reserve’s aggressive efforts to shore up the economy could drive up inflation in the coming years, leaving Americans with less purchasing power over time, according to reports.
Lawmakers have approved about $4 trillion in coronavirus-related stimulus spending, according to the Committee for a Responsible Federal Budget, while the Fed has injected trillions more into the financial markets and cut interest rates to near zero.
Read more at NY Post.
{Matzav.com}
So bottom line. Are we getting a $1200 check or not?
Don’t ask me ! Doven that we should get the $1,200 check and much more !
Stimulus checks does not cost America anything. This is trillions and trillions of dollars of confiscated money from elite criminals who were sent to GTMO returned to us.
BTW why a photo with a diaper on the money?
how about raise taxes that were lowered not that long ago? oh no that would make sense.
Go ahead. No one is stopping you from giving more of your money to the government.