Tag: Pandemic stimulus

Economists Alarmed Biden’s $1.9 Trillion Bill May Overheat the Economy

February 10, 2021
AMERICAbiden administrationCCP ViruseconomyExecutive BranchPandemic stimulusPoliticsUS
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Two leading economists said President Joe Biden’s $1.9 trillion stimulus bill could overheat the economy, drive up prices, and force the Federal Reserve to respond by increasing the interest rate. Oliver Blanchard, former chief economist of the International Monetary Fund, said in series of tweets on Saturday: “Much too much is both possible and harmful….

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Bipartisan Group of Senators Challenges Biden’s $1.9 Trillion Pandemic Stimulus Plan

January 25, 2021
AMERICAbiden administrationCCP ViruscongressPandemic stimulusPoliticsUSUS News
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A bipartisan group of 16 senators told the Biden administration’s top CCP (Chinese Communist Party) virus official Sunday that the administration’s pandemic relief proposal does not focus enough on low-income families. The senators set up a conference call, organized by Sen. Joe Manchin (D-W.Va.), with Jeff Zients, Biden’s coronavirus coordinator, and Louisa Terrell, head of White…

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Australia’s Small Business Ombudswoman Calls for HECS-Like Loan

January 17, 2021
AustraliaAustralian Small and Medium BusinessesContingent LoansPandemic stimulusWorld
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Australia’s small business ombudswoman Kate Carnell is urging the federal government to introduce a revenue-contingent loan scheme for small businesses to provide them with much-needed cash flow during the “perfect storm” induced by the CCP (Chinese Communist Party) virus, commonly known as novel coronavirus. The renewed call comes amid growing concerns over the imminent end…

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