American Rescue Plan and U.S. Economic Recovery

SOURCE www.breitbart.com
President Joe Biden falsely claimed that the American Rescue Plan started the U.S. recovery from the pandemic. In reality, the U.S. economic recovery was already well underway before the plan was signed, and it may have even derailed the recovery by contributing to inflation.

Key Points

  • The U.S. economic recovery began before the American Rescue Plan was signed
  • The plan may have contributed to inflation and negatively impacted the economy

Cons

  • President Biden's claim that the American Rescue Plan started the U.S. recovery from the pandemic is false
  • The U.S. economic recovery was already well underway before the plan was signed
  • The American Rescue Plan may have derailed the recovery by contributing to inflation