Chaos regarding stimulus checks still needs to be over. Which isn’t close at all. Americans are crying for reviews but the economic conditions aren’t letting that happen just now, it’s like a kid throwing tantrums, and parents aren’t yet ready to buy them the toy they want. Just like that the federal government needs more solid ground why should they provide relief checks? Inflation isn’t enough reason to provide assistance.
Stimulus Checks Could Do The Bare Minimum Not With Larger One
Inflation has slowed down a lot since October 2022. In mid-2022 it was roaring and took a big bite at residents’ savings. How people survived with inflation and no stimulus checks, is a blessing. Stimulus checks could be sent only when there could be a dire need for them. At least the provider feels inflation is not a ‘proper reason’ to ask for stimulus checks. After the pandemic in 2021, employment increased, along with inflation. June 2022 was the most deadly the CPI increased to 9.1% which later came down to 6.5%. Many had to live on their credit cards and take up two jobs to bring food to the table.
The economists feel stimulus checks are only a good idea when things are running smoothly like in 2019 or before that pandemic and lockdown. Stimulus checks could boost up their bank balance a little but won’t be effective for broader things, and living costs are higher than any payments.
The federal government needs relevant reasons to supply further checks, and inflation isn’t valid at all. Everything is going smoothly with the employment rate and inflation moderating, there is no need for payment. If they issue another round it would impact the country’s economy and again unbearable inflation.