Category: Stimulus

Here’s the Stimulus the U.S. Economy Needs to Avoid Disaster
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Here’s the Stimulus the U.S. Economy Needs to Avoid Disaster

Key stimulus measures will expire this month. At least $1 trillion in additional stimulus is needed to support the U.S. economy. Local and state governments need more help. The pandemic shook the U.S economy, as millions of Americans lost their jobs. Businesses across the country have closed as part of a planned shutdown. In March,…

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CA Gov. Newsom: Stimulus Checks to Illegals ‘Being Considered’
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CA Gov. Newsom: Stimulus Checks to Illegals ‘Being Considered’

California Governor Gavin Newsom (D) is reportedly considering issuing cash payments to the state’s illegal immigrants as part of a Golden State “Disaster Relief Fund” for the state’s illegal immigrants, according to a Wednesday Associated Press report. When asked about giving potential financial assistance to illegal immigrants impacted by the coronavirus crisis, Newsom reportedly replied…

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Coronavirus Stimulus Fueled a Mortgage Debt Time Bomb That Could Explode in July
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Coronavirus Stimulus Fueled a Mortgage Debt Time Bomb That Could Explode in July

The number of people requesting a break from their mortgages has skyrocketed. Even in the improbable event that figure doesn’t rise any more, it’s a staggering amount of debt that’s on hold. Those who are using the mortgage forbearance program won’t have the capacity to pay off their missed payments. Coronavirus has created the sharpest…

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The Trump Stimulus Will Catch Up With Us Sooner Rather Than Later
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The Trump Stimulus Will Catch Up With Us Sooner Rather Than Later

The U.S. has had many stimulus packages before President Trump’s proposed one – but are they a benefit for the country? Many economists believe higher rates of inflation are coming and even “stagflation,” slow economic growth with increasing inflation, from possible stimulus. One stimulus package is worrying enough, but if the coronavirus crisis continues, could…

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Why a Stimulus Check Isn’t Enough to Stop the Dow From Crashing
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Why a Stimulus Check Isn’t Enough to Stop the Dow From Crashing

Americans could receive a $1,000 stimulus check to help them during the coronavirus crisis. The Dow rallied after the news but is falling again on Wednesday. A stimulus check won’t be enough to boost demand as people practice social distancing. U.S. stocks rallied Tuesday on expectations of a huge federal stimulus to deal with the…

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Trump Stimulus Won’t Save the Dow Jones From Crashing Below 20,000
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Trump Stimulus Won’t Save the Dow Jones From Crashing Below 20,000

The Fed and Trump administration are running out of ideas to save the Dow Jones from a bigger downtrend. Analyst Gina Sanchez says no stimulus package will save the markets in the near-term. Only progress in containing the coronavirus pandemic will alleviate pressure from the stock market. The Dow Jones Industrial Average (DJIA) briefly dropped…

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