Stimulus Checks are the best thing to have happened to the Americans. At a time when the country was plagued by the pandemic, these checks rescued them. The administration of Joe Biden designed these checks in the month of March. The checks catered to a lot of Americans. It also helped to reduce the financial burdens on the common masses. However, after the rolling out of the third check, there seems to be no possibility of more payments. Meanwhile, the Delta strain is threatening to take the nation into darkness. Under such circumstances, the claims for another Stimulus Check have intensified. Let us see the causes that justify the call for further payments.
Stimulus Check 4 Happening?
America has witnessed a huge surge in the covid cases recently. They have recorded an alarming rate of infections. This has instilled a sense of fear in the minds of the people. They are fearing another shutdown. A shutdown is the worst thing that can happen to a flourishing economy. The whole world suffered a massive blow from the lockdowns implemented earlier. America has been no different. It has just been a few months that the US economy is showing signs of bouncing back. Another shutdown would mean the economy goes further down.
The claim for yet another stimulus check is getting stronger day by day. A shutdown means people would lose their jobs. The rate of unemployment has seen a smile since the onset of the pandemic. It has just recently come down a bit. Another such shutdown would shoot the unemployment rate to new heights.
There are still households that are struggling to make a living. Many people are getting paid less. The stimulus checks provided are being used up by most of the citizens. Americans have used it to pay off their debts and essentials. However, the federal government is still not keen on providing such checks. It remains to be seen which way the situation goes.