In this video training, Dr. Nitin Chhoda explores the future of stimulus money, why all of the stimulus check delays are happening and what to expect going forward.
Here are the FIVE things that are impacting our stimulus check payments and the future of stimulus check payments in the country.
#1 Exlporing the economic structure – the economic architecture of our country.
#2 Why this economic structure fundamentally helps big banks and big businesses more than it helps the average American.
#3 The economic reality – all the burden of the unemployment insurance claims, the unemployment insurance payouts, all of it falls on the states that are not equipped to handle. The states are not equipped to handle 30+ million Americans who have filed unemployment claims (so far).
#4 Congress is not in session right now and that the Senate is in a complete state of gridlock. So we do not having any forward momentum at this moment for new stimulus checks.
#5 We will discuss whether Dr. Chhoda sees an immediate solution to this problem and what is needed to bring about lasting change for all Americans.
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References:
https://www.cnn.com/2020/05/04/politics/coronavirus-congress-stimulus/index.html