Santul Nerkar and Amelia Thomson-DeVeaux
Were The Stimulus Checks A Mistake?
Pandemic-response stimulus checks to individuals may have helped fuel US inflation.
US legislators sent a series of stimulus checks in 2020 and 2021 to millions of Americans at economic risk due to the coronavirus pandemic. But while that help did keep households and the economy afloat, it may also have been a case of too much for too long. Journalists Santul Nerkar and Amelia Thomson-DeVeaux investigate whether the delivery and timing of the stimulus helped fuel 2022’s inflation. Their research sends a sobering message about how political demands tend to overtake economic logic, especially in times of crisis.
About the Authors
Santul Nerkar is a copy editor and Amelia Thomson-DeVeaux is a senior writer for FiveThirtyEight, an ABC News media outlet focused on opinion poll analysis, politics and economics.
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