Why isn’t there going to be a fourth stimulus check? | March 2022

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Americans have received three stimulus cheques so far, and many are requesting a fourth.

During the pandemic, Americans received stimulus checks.

While Americans are optimistic, the prospects of a fourth check are minimal.

The first three checks were issued in 2020 and 2021, respectively, under Presidents Trump and Biden.

 

stimulus checks & joe biden (1)

Stimulus: Checks Worth Up to $1,400 Are Offered to Individuals!

Why won’t there be a fourth stimulus check?

Inflation

Inflation remains high, reaching 7.5 percent in January, and it does not appear to be easing down.

It was only 2.6 percent in March of 2021.

Many people appear to believe that injecting stimulus funds into the economy was one of the causes of inflation.

Unemployment is Decreasing.

Stimulus payments were distributed to Americans at a time when millions were unemployed and in desperate need of funds.

People are working and earning an income now that unemployment rates have returned to pre-pandemic levels.

While this is a good thing, it does not necessarily imply that salaries will be able to keep up with inflation.

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Politicians are preoccupied with more pressing matters.

It’s just not a pressing issue for legislators right now when it comes to stimulus money.

Prior to the Ukraine conflict or the rise in gas prices, calls for a fourth check were not high on the priority list.

Some politicians agree with the previously stated arguments, while others believe it would fail.

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