Global investment management firm Pimco recently announced that with the help of President Biden’s $1.9 trillion stimulus package, the US economy could see a rise of 7.5% by the end of 2021.
They explained in a note: “the size of the package may also help to cushion the blow to the economy should any problems crop up, such as a slower-than-expected vaccination program.”
They also stated: “While a period of above-target inflation has become more likely, in our view, the likelihood of a self-reinforcing inflationary process similar to what happened in the 1970s is still relatively low.”
As y’all know, we love to listen to the economists, and they are once again urging Congress to pass this new $1.9 trillion stimulus package so that we can stimulate the economy and get back to the way things were before that thing out there started making a mess.
Meanwhile, Reshma Saujani, CEO and founder of Girls Who Code, has made strong efforts this year to provide mothers across America with monthly $2,400 stimulus checks, buying ad space in the Washington Post to push for more disaster relief funds for moms.
After pleading to President Biden and Congress back in January to assist struggling mothers with stimulus funds, she recently upped her proposal by adding the signatures of 50 male allies including big names such as Steph Curry and Craigslist founder Craig Newmark.
She explained in a tweet: “Today, 50 male allies signed a letter in the @WashingtonPost calling on Congress to support the #MarshallPlanForMoms to pay mothers for their unseen labor and to pass policies addressing parental leave, affordable childcare, and pay equity.”
She also offered her support of Biden’s new stimulus package but stated that it won’t be enough disaster relief, saying: “That’s not the 360-plan we need and we can’t just stop there. We have to pass legislation like paid leave, affordable daycare, and pay equity.”
I completely agree with Saujani’s plan to deliver monthly $2,400 stimulus checks to moms across America, as…