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About nine in ten respondents felt confident that stimulus payments will help the U.S. economy improve between “a little” and “a great deal,” while 63 percent said their financial health will recover within the next twelve months.
Joe Biden Was Right: Stimulus Checks Helped Millions of Americans
The study’s findings will likely add more fuel to the growing calls among Democratic lawmakers and ordinary citizens to approve more rounds of stimulus and tax credits to help financially wounded Americans.
The millions of coronavirusstimulus checks sent out over the past year have helped many Americans avoid financial ruin, according to a new University of Michigan study that analyzed Census Bureau data.
To date, Congress has approved the delivery of three stimulus cash payments a $1,200 check in April 2020, $600 in December, and the current $1,400 payments under President Joe Biden’s $1.9 trillion American Rescue Plan.
While California s tech aristocracy is pushing a government guaranteed income , a blue collar city in California, Long Beach, is testing an alternative jobs-based approach to assist low income residents. This approach leverages the growing demand for workers in the contingent economy.