I Just Read “How stimulus checks can give you a $14,000 windfall this year”

“Given all of the various types of federal COVID aid offered to families and individuals this year, “the U.S. consumer will largely be in the best financial position they have been in, on average, for at least 40 years (likely ever),” writes Raymond James analyst Tavis McCourt.But McCourt adds that while the stream of cash increases the chances for economic recovery, it threatens to increase inflation in the short term.”

How stimulus checks can give you a $14,000 windfall this year

Congress is nearing the finish line as lawmakers race to pass President Joe Biden’s $1.9 trillion relief package by mid-March. Included in the package is the third round of stimulus checks – for up to $1,400 this time – plus an extension of emergency federal unemployment benefits, an expanded child tax credit and more.