In March 2021, not a single Republican voted for the $1.9 trillion American Rescue Plan to stimulate the economy.
This past February, unemployment was 6.3%, and the Congressional Budget Office projected that to reach 4.6% unemployment would take until the end of 2023.
The American rescue Plan extended unemployment benefits and provided stimulus payments to individuals. It increased food stamp benefits and significantly expanded the Child Tax Credit, putting money in parents' pockets. It provided grants to small businesses and local, state, and tribal governments. It provided money for schools, housing, and healthcare.
Again, not a single Republican voted for it.
On Friday, November 5th, it was reported that the economy had dropped to 4.6% unemployment, which is two years ahead of schedule.
Biden added more jobs in the first 9 months of his presidency than the last three Republican administrations, covering 16 years combined.
Biden's policies would hurt the economy, right-wing politicians insisted. The news on Friday about the economy caused a rally on the stock market, with the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite closing at record highs.
Treasury Secretary Janet Yellen credited the American Rescue Plan and Biden's immunization campaign, which has vaccinated 193 million Americans against the novel coronavirus, for the recovery.
No Republicans voted for the American Rescue Plan, and right-wing politicians continue to decry efforts to get people vaccinated.
Will any of this be reported in the Q universe, of which Fox News is the leader? You know the answer to that. Instead, handouts, socialism (USSR style), and violating people's freedoms will continue to be the talking points. Along with Biden's supposed dementia.
Ref: Heather Cox Richardson, November 5th, 2021
