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Why Biden will be forced to dole out a fourth stimulus check!

Stimulus checks (2)
Stimulus checks (2)

With the COVID-19 spreading like a wildfire at the start of 2022, many Americans sign petitions for a fourth stimulus check. Stimulus checks served as a lifeline for the American public during the COVID-19 pandemic and helped keep the economy afloat during the downturn precipitated by lockdowns.

However, as of now, there is no possibility of a fourth stimulus check. Nevertheless, the developing situation could force President Biden to do something to alleviate the misery of the commoner reports the Sun.com. The Corona pandemic led to the Federal Government’s release of three stimulus checks.

stimulus check payments

stimulus check payments

The first stimulus package included $1,200 in direct payments, and the next one sent $600 to Americans. The last stimulus checks worth $1,400 were sent as part of President Joe Biden’s American Rescue Act.

Economic rebound and low unemployment negate the need for fourth stimulus check

Many factors have made the possibility of the fourth check remote. The economy is again on a rebound, and unemployment rates are also at their historic low. Inflation is also surging, and it is often blamed on the stimulus checks. However, no one predicted a resurgence of the COVID-19 fourth wave. Moreover, the Omicron strain is highly virulent and could swiftly overwhelm the nation’s Health Care infrastructure.

While the COVID-19 cases have spiked, the symptoms are milder, and those who are vaccinated can expect a fair degree of safety against the virus. However, the situation is fluid, and things could change should an unexpected turn take place during the remains of the pandemic. If another variant appears, it could bypass the immunity offered by the vaccine. The situation could be back to square one.

Abysmal poll numbers can force President to release a fourth stimulus check

President Biden must start worrying about his plummeting popularity. A few months ago, his rating was 56% as per data received from analytics firm Gallup. However, his approval ratings have plummeted to 43%. His rating was highest when he approved the third stimulus package into law. If his rankings continue to tank, he could be forced for another round of stimulus.

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