Overview
In March of 2021, Congress passed a massive Coronavirus stimulus bill ($1.9 trillion). This expansionary fiscal policy was designed to strengthen the economy and reduce unemployment. The most significant parts were 1-$1400 direct payment to many Americans: Individuals making under $75,000 and couples making under $150,000 receiving a full direct payment, 2- $300 extra weekly emergency unemployment benefits. 3- There was also money for COVID-19 vaccines and testing, aid to state and local governments, help for schools and the airline industry, tax breaks for lower earners and families with children, and subsidies for health insurance. Referring to the material in Ch 13, discuss which of these provisions you think benefited the economy the most and why. Use economic reasoning and include 2 of your classmates in your 7-8 line post.