The cry for a stimulus check, the IRS almost didn’t hear and the federal government refused to hear. The first three payments were made between April 2020 to march 2021. Inflation skyrocketing in the country made it suffocating for the lower-income class to struggle and middle-class families worked two jobs to bring food to the table. Again democratic members’ fight for further payments didn’t go in vain, the state-issued checks, in the form of inflation relief funds, property tax rebates, etc. These payments boost the confidence of households and they spend it on holidays.
Stimulus Check Brought Back Old Lifestyle
The whole of America believed in stimulus checks, and they got it. This check brought back the old lifestyle they had before the pandemic. They could spend money wisely on the things they love. In 2022 every American was able to spend holidays properly without having the tension of financial insecurity and fear of getting sick.
They spend their stimulus check on healthy food and shopping. The retail scale went up in January after march 2021, with inflation taking the attention all to itself, and the market went down. But since October the inflation started cooling down and the market started going up giving a sigh to the country. The retail scale jumped up to 3%. Stimulus checks helped the whole of America in every way possible, which the republican tried hard to stop. The business started gaining their lost confidence.
People were struggling to use their cars even when the economy period was going down, they couldn’t afford gas, and now because of the stimulus check, the production of automobiles has increased rapidly. Including electronic stores, furniture outlets, car parts, and other things sales started going up.