IMF Says Biden Stimulus Plan Could Boost GDP by 5% Over Three Years

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Jan.26 -- President Joe Biden’s proposal for a $1.9 trillion stimulus plan could boost U.S. output by 1.25% this year and 5% over three years, Gita Gopinath, the chief economist of the International Monetary Fund, said on "Bloomberg the Open."

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Lol. Imagine thinking that government spending actually helps the economy.

jwwnpzj

Nothing says Democracy like an endorsement from the IMF.

williamhilton

They're already in damage control mode for the demented fool

unitedstates

IMF & Government: Now it's perfect time to invest, buy house, buy your dream car!!
Also IMF & Government: It's a perfect time to pop them bubbles

jisung

“IMF Says Biden Stimulus Plan Could Boost Recession within 4 months earlier “
Here I fixed your headline

p.youhana

That’s totally irrelevant because the subsequent massive inflation will force the value of the dollar down and we will all get the privilege of paying massive taxes down the road to compensate for these stimulus packages.

lukesterification

How much money goes overseas this time?

marcuscook

Printing more money only guarantees hyperinflation!!!

davekohler

Printing Money is NOT going to boost the GDP in fact it will do the opposite.

dragoh

The only thing stimulated was the Fed Reserve printing more money.

bclark

Re-open businesses. Or are you going to wait until the impeachment trial is over?

mauriceorayii

My names Joe Biden and I forgot this message....

NKW

" The Details Still Have To Be Worked Out ". That's a

painterhire

Yeah. And I could be the Queen of England.

zzrider

Sure it will. Just realized this is the exact moment I now have ZERO trust in the media or the US government.

blaketoland

Fiat currency always returns to it's intrinsic value. Zero.

KMT

*Wishing everyone here a healthy and prosperous 2021* ⭐

MandiMomOfChannel

I “could win the lottery” but I don’t play

hughmungus

Key word: could
Meaning of key word: won't

chriscraven

IMF is as trustworthy as the WHO

D.M.

kristjanmartin

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