Stimulus Update: 3 Solid Reasons Congress Should Consider Recurring Stimulus Payments

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Although many have declared the dream of additional stimulus checks dead, there are sufficient grounds why some members of congress continue to call for more federal aid. We’ll go over the top reasons why Congress might want to consider making periodic stimulus funds until the pandemic is declared over.

The battle is far from over Go to the heart of any midwestern city. There’s a good chance there won’t be a mask in sight, as if coronavirus fears are a thing of the past. Despite this, more than 2,200 people in Missouri died of COVID just last week. During the same seven-day period, COVID-related deaths were documented in 49 of the 50 states.

These were parents who were providing for their family, business owners who were leaving their businesses behind, and ordinary folks who were now facing exorbitant medical expenditures.

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We’re now working with the delta version, as well as the recently discovered omicron strain from Africa, in addition to COVID-19. COVID continues to kill, regardless of whether variety strikes a community, and those who survive may experience long-term illnesses that prevent them from functioning.

Oxford Economics lowered its global economic growth prediction for 2021 from 6.4 percent to 5.9 percent due to the proliferation of the delta variant alone. To put it another way, the economy is not recovering as swiftly as anticipated.

To avoid the need for further stimulus money, Congress must deny that COVID is still changing the economic structure.

Read More: New Stimulus Check for Some Americans Arriving ahead Holiday Season

Unemployment Persists:

In October, the monthly average national rate of employment was 4.6 percent, a significant decrease from this time last year (when it was 6.9 percent ). It is, nevertheless, greater than the pre-pandemic figure of 3.5 percent. Moreover, despite the fact that many firms are hiring, there are still millions of people on payrolls today than there were before the pandemic.

There is no simple explanation for why more individuals aren’t returning to work, or for how those of us who have returned are quitting in record numbers. It’s a question of not wishing to be introduced to a potentially fatal illness while on the job for some.

Others saw the pandemic as a period of reflection and have decided not to return to their pre-pandemic lives. They’re creating businesses, returning to school, and figuring out alternative ways to make ends meet. Some employees have lost their jobs as corporations tighten their belts in the hopes of squeezing a profit from those who remain.

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