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Stimulus is a small part. The 6 Trillion dollar deficit spending over the last two years increases disposable income whether it consists of checks being mailed
by rsj_hn 5y ago
Stimulus is a small part. The 6 Trillion dollar deficit spending over the last two years increases disposable income whether it consists of checks being mailed out to households or Pfizer or Boeing. It ends up in people's pockets and is not matched by a corresponding increase in taxes.
https://datalab.usaspending.gov/americas-finance-guide/deficit/trends/ https://datalab.usaspending.gov/americas-finance-guide/defic...