How Stimulus Could Backfire Against Low-Wage Workers Mar 11 2021, 1:46 AM March 10 2021, 8:00 PM March 11 2021, 1:46 AM (Bloomberg Opinion) -- President Joe Bidenâs $1.9 trillion economic relief plan is on the verge of becoming law. With so much uncertainty about the likely course of output, employment and prices, its effect on the economy is unusually hard to predict. But itâs a fact that Congress is providing much more stimulus than any reasonable dollar estimate of the economyâs underlying need. (Bloomberg Opinion) -- President Joe Bidenâs $1.9 trillion economic relief plan is on the verge of becoming law. With so much uncertainty about the likely course of output, employment and prices, its effect on the economy is unusually hard to predict. But itâs a fact that Congress is providing much more stimulus than any reasonable dollar estimate of the economyâs underlying need.