Part 2/10:
The U.S. government initiated its first stimulus package in March of last year, injecting approximately $2.2 trillion into the economy. As the pandemic persisted, a second round followed in December, valued at $900 billion. Most recently, a third and sizeable package of $1.9 trillion was announced, bringing the total fiscal support to nearly $5 trillion, or roughly 24% of U.S. GDP.
These extraordinary injections of liquidity demonstrate the scale of the U.S. government's commitment to economic recovery. Analysts are generally optimistic, believing that such sizable fiscal stimuli will catalyze a substantial economic rebound.