However will the US government actually approve such a huge stimulus bill?, and what happens if it fails to revive the economy then how will they fix it?. Lastly what do you’ll think about this huge stimulus bill should the US government actually approve it.?
I think it all depends on the second corona wave. If the pandemic is getting worse the chances are very high for the government to push such a bill through. But will this stimulus actually work to bring back the economy to pre pandemic levels? I am not sure about this one. With so much money being injected into the economy we will likely see an increase in inflation in the near future. Also the rising levels of debt will likely increase financing cost in the future.
