Do you expect to receive a 4th round of stimulus checks?
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Do you expect to receive a 4th round of stimulus checks? - Results (44 votes)
Yes, they're almost guaranteed
9.09% (4 votes)
4
Yes, somewhat likely
6.82% (3 votes)
3
50/50 or unsure
11.36% (5 votes)
5
No, somewhat unlikely
29.55% (13 votes)
13
No, there's absolutely no chance
43.18% (19 votes)
19
Within the current economic cycle, not part of a future, non covid-related downturn.
I think its somewhat likely, for 3 reasons:
Historically, its easy to introduce new welfare & spending programs, but very hard to take them away. After 3 rounds of checks, beneficiaries are now expecting them & think its the governments obligation to hand them money. If these checks ended, many Americans would be upset & in worse cases struggle to pay their bills because theyve come to expect recurring handouts.
The business community (and DNC donor base) loves them because theyre kind of a backdoor bailout, without the stigma of directly bailing out big banks & megacorporations. JP Morgan stock is at a record high because consumers paying down debt with their stimulus checks means the bank is losing far less money from charge offs than initially feared.
Promising $2,000 checks was a genius strategy that won democrats full control of government (even if by a hair) for the first time in a decade. Theyre bound to try the same thing again for next years all-important midterms. Imagine the advantage Democrats will have if they promise, Vote for us again & get $2,000 more in your bank account! Voters tend to vote with their wallets.
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Ron DeSantis for President 2024, Matt Gaetz for President 2032 Top issues facing the US (imho):National debt, illegal immigration,urban crime