Is the American economy about to fall back into the pandemic pit?

Looks like Biden may have bailed on super-unemployment way too early

President Biden.
(Image credit: Illustrated | Getty Images, New York Times, iStock)

As infrastructure negotiations drag on interminably, depressing liberal base voters about the dysfunctional U.S. political system, President Biden and the Democrats still seem to have one political ace in the hole: the economy. It looks reasonably likely that all the pandemic rescue packages have put enough money into Americans' pockets to create the first serious full employment boom in more than 20 years. Or at least it did, until the latest wave of the pandemic hit.

Today, the Delta variant of coronavirus is growing across the country, especially in less-vaccinated areas, raising the possibility that people could shy away from normal activities and the economic recovery could falter. Biden might live to regret his decision to abandon super-unemployment — the $300 boost to unemployment benefits (plus other expansions) contained in the American Rescue Plan that most conservative states have already ditched, and which will expire fully in September.

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