The Stimulus Effect

Episode 11 of the Polaris Perspective podcast, hosted by Jeff Powell & Jeremy Witbeck, titled "The Stimulus Effect" was published on August 18, 2021 and runs 26 minutes.

August 18, 2021 ·26m · Polaris Perspective

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Episode Description

President Joe Biden has signed the $1.9 trillion coronavirus aid bill into law, saying he is taking aggressive action to speed up COVID-19 vaccinations and move the country closer to normality by July 4.

The package provides $400 billion for $1,400 direct payments to most Americans, $350 billion in aid to state and local governments, an expansion of the child tax credit and increased funding for COVID-19 vaccine distribution.

Although subject to a great deal of uncertainty, Jeff Powell and Jeremy Witbeck analyze how the fiscal package could affect the overall economy.