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US $1.9 trillion stimulus package passed in the House of Representatives

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A tremendous economic stimulus plan worth 1.9 trillion won, which Joe Biden had been pushing before, was passed by the House of Representatives.


In fact, it is not known whether it will pass through to the Senate, but it seems possible because the current situation is swept by Blue Wave.



To compare past stimulus measures


2020.04

First stimulus plan -Scale: $2.2T


Cash package approx. $1,200


Unemployment benefit $600



2020.06

1st and 2nd stimulus measures-Scale: $0.5T

Loan for small business owners


2020.12

2-1 primary stimulus plan -Scale: $0.9T


Cash package approx. $600


Unemployment benefit $400



2021.02 (scheduled this time)

2nd 2nd stimulus plan -Size $1.9T


Cash package approx. $1400


Unemployment benefit $400



Considering the tremendous rise in the stock market for each stimulus package,

A massive bomb is being prepared.


It is also aiming at the US stock market once again.


The Korean stock market also looks positive.

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