Page 21 - Stimulus Plan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Worst, hopes for the best. and mika will tell you, always thinks that the next recession is just around the corner and i keep seeing signs that suggest we might be moving that way. but all i see is -- is one strong jobs number after another. and now unemployment numbers at pre-pandemic lows. what is fuelling -- because it is not -- i know politics on right may say, oh, this stimulus plan was too big. we've all seen stimulus plans, they didn't get that much bang for their buck. in fuelling this economy. something else is going on. the u.s. economy way too large to be that impacted by a stimulus...

Why the market side dipped today. >> i was out running errands and i was like, whoa. it is down something like 070 points today. claims his stimulus plan is to blame for inflation. he said that is bizarre. what is the truth here? >> this is something that economists and politicians are going to study for a long time to come. this was an unprecedented event. and there was no choice but to pump money into the economy. the question is, was it too much and for too long of a period of time? i think there is a general consensus among economists that things perhaps went a little too far. that's why t...

Aassociated press that the claims for the stimulus plan for the inflation and some say that is bizarre. what is the truth here? >> this is something that the economists will study for a long time to come. there was no choice but to pump money into the economy. the question is was it too much and too long of a period of time. i think there is a general consensus, that things went a little too far and that is why this is such a big struggle for the federal reserve to try to curveball this. >> it may have not intended for a recession. >> yes. >> the higher interest rates force homes and cars, is ...

There are ailments of the inflationary spiral that you could certainly blame on president biden, there are elements that you can't. obviously, the pandemic helped contribute to supply chain issues. that drove up prices as soon as demand is picked up. second thing that's done it is the war in ukraine. not joe biden's fault, but once the united states had to go after oil production in russia, that pushed up prices. and of course ukraine is a big provider of wheat, other food, stuff, so that contributes as well. and you know, thirdly, you have to remember that biden's own stimulus plan from a yea...

Second thing that's done it is the war in ukraine. not joe biden's fault but once the united states had to go after oil production in russia, that pushed up prices. and of course ukraine is a big provider of wheat, other food. that contributes as well. and you know, thirdly, you have to remember that biden's own stimulus plan from a year ago probably contributed somewhat significantly to inflationary pressures along the way. that is certainly on him. one of the oddities of this particular moment is people feel like the economy is awful because of the inflation, but other elements of the econom...