So far Americans have benefitted from three stimulus checks, and many are asking for a fourth check.
While Americans are hopeful, the chances of a fourth check happening are slim.
The first three checks were sent in 2020 and 2021 under President Trump and President Biden.
Stimulus: Checks worth as much as $1,400 available to some
Why is there not going to be a fourth stimulus check?
Inflation continues to rise, reaching as high as 7.5% in January and it does not appear to be slowing down.
In March of 2021 it was just 2.6%.
Many seem to think that pumping stimulus cash into the economy was one of the reasons for inflation happening.
Stimulus check payments and scammers explained
Unemployment is improving
Stimulus checks went to Americans at a time when millions were unemployed and needed the money.
Now that unemployment rates are back to what they were before the pandemic, it shows people are working and earning an income.
While this is a good thing, it doesn’t necessarily mean wages can keep up with inflation.
Politicians have bigger issues going on
When it comes to stimulus cash, it’s just not a pressing issue for politicians right now.
The calls for a fourth check weren’t a priority before the war in Ukraine or gas prices became an issue.
Some politicians agree with the previously listed reasons, and others feel it would not pass.
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