Speaking of recession and stimulus payments for citizens, experts say that the Federal Reserve is now attempting to restrain expenditure by raising interest rates. If a recession did occur (let’s hope it won’t), it would not be as catastrophic and stimulus checks will be less likely to be necessary if the impact is not as great.
Overall, the goal of our nation is to reduce inflation, but pumping money into the economy via stimulus checks would have the opposite effect, as a few analysts say.
There was a break in the supply chain and higher prices as a result of last year’s spending of stimulus money by consumers, which in turn was a contributing element to the overall rate of inflation.
7 Responses
I became a widow in Mar 2020 which cut
My income almost in half. I received a stimulus ck that
Year but that ended in 2021. I am retired
From federal svc since 2004 and am 86 yrs
old and moved into a Senior Home in Oct
2022. It takes my whole retirement ck to pay
for sr. Home. Another stimulus check could
really help me and thousand
s of others like me.
It would be nice to have some extra money to pay off some bills.
How come morale is so low in the USA? Just ask Joe, the man from the Alamo.
I’m a retired 40 year gov’t employee, My increase in retirement income for 2023 is 78 dollars monthly. My increase in health benefits costs is 73 dollars monthly. So, I have $5 a month to divide up for other inflated costs. You can guess if I’m happy about what’s happening in current affairs.
We don’t need them.
Needing to know if will be receiving Stimulus Check
See retirees are staving, freezing in their homes, can’t afford to go out, while the people in DC get to party and eat steak and lobster and buy luxurious homes and cars. Who are these thugs.