Is there a cure for the decline in order volume? Biden announced a $1.8 trillion cash distribution plan!

In the past few days, the editor found that many sellers in the group reported that the order volume has been very slow recently, with only a few orders a day. At the same time, there are many posts on Weibo saying that the order volume has dropped sharply recently.

Some sellers also speculated that it might be the end of the month and the Americans have run out of money?

Remember that after Biden’s $1.9 trillion cash distribution plan was implemented, Americans received relief funds one after another. At that time, many sellers said that the number of orders had seen a wave of growth.

Just this morning, I saw many foreign media reports that Biden will announce a new aid plan.

At 9 p.m. local time on the 28th (9 a.m. Beijing time on the 29th), U.S. President Biden delivered a speech at a joint meeting of the House and Senate. This was the first time Biden delivered a speech to Congress as president.

According to the CNN live broadcast preview, Biden announced a $1.8 trillion "American Family Plan" for children, students and families in his speech.

The report also stated that the aid plan will mainly revolve around subsidies for children. Biden plans to provide every American child with at least $250 per month by 2025 .

However, I saw many netizens on Weibo making fun of the US's behavior of constantly giving out money ↓

The wool comes from the sheep.

Printing US dollars crazily, the whole world pays for it.

On the surface, it seems like you are taking advantage of the world, but in reality, you are digging up your own roots; free things are the most expensive.

The more money is printed, the better, waiting for the dollar system to collapse ...

There are also some "clear-headed" sellers who think that they should hurry up and do something while the US is still able to pay money, as the recent order volume is really too bad to bear.

Here are some of the contents of the plan ↓

$225 billion for high-quality childcare and to ensure that childcare costs are covered in a tiered manner based on family income ;

$225 billion to establish a comprehensive paid child care and medical leave program across the United States ;

$200 billion to work with states to provide free pre-kindergarten to all children aged 3 and 4 ;

$109 billion to ensure that all students can attend community college for free over a two-year period ;

About $85 billion for Pell Grants , which provide grants of up to about $1,400 to low-income students ;

$39 billion to provide two years of tuition assistance to students whose families earn less than $125,000 ;

$45 billion to meet the nutritional needs of children, including expanding summer meal programs ;

…

The Biden administration hopes to solve the huge expenditure required by the plan by increasing taxes on the rich. US media also pointed out that it is not easy for Biden's family assistance plan to be passed.

Because this plan did not actually meet the expectations of some Democrats, some Democratic lawmakers hoped to add clauses such as permanently expanding child tax credits, expanding health insurance coverage, and lowering drug prices.

In addition, since the family assistance plan also involves tax increases, it may face greater resistance in the U.S. Congress .

However, judging from past experiences of sellers after Americans received relief funds, there is still hope for orders if this plan can be passed.

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