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Joe Biden’s proposed stimulus checks are a lousy way to fix the economy

The most expensive provision in Joe Biden’s $1.9 trillion economic recovery plan is his proposal to send an additional $1,400 to most Americans. According to many economists, that’s the least effective way to help revive the economy. The added stimulus is born out of widespread support among Congressional Democrats, and many Republicans, including outgoing President

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Bed Bath & Beyond stops selling MyPillow after CEO’s Capitol siege comments

Bed Bath & Beyond has stopped selling MyPillow products following CEO Mike Lindell’s support of the January 6 insurrection and his continued false statements questioning the validity of the US presidential election. The retailer said in a statement Tuesday that it’s discontinuing the sales of a “number of underperforming items and brands,” which includes MyPillow.

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Janet Yellen says Treasury should focus on workers, women and minorities

Janet Yellen, President-elect Joe Biden’s pick for Treasury secretary, urged Congress during her confirmation hearing Tuesday to move swiftly on bold stimulus spending to relieve the economic suffering that the pandemic has caused. Yellen, who would be the first female Treasury secretary in American history, underscored the urgency of Biden’s proposed $1.9 trillion stimulus proposal.

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