FAST FIVE: California Begins Fighting Inflation With Stimulus Checks This Week

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The payments are slated to start going out Thursday and Friday and are technically “tax refunds”.  The checks, which can be as much as $1,050 and are the brain child of Governor Gavin Newsom – will be distributed in amounts determined by people's annual income, mixed with the amount of dependents they have.

Debit cards will be mailed between now and mid-December, the same report says.

Former lobbyist Harry Schultz commented: “It's not nearly as drastic this year since he has such a commanding lead, but this does help Newsom right before the election.

Free money going out before an election, right during the beginning of a recession with consumer prices still being high.

It has been odd timing both times to say the least, and if I were [Newsom Gubernatorial opponent Senator Brian] Dahle, I'd bring this up during the debate, even just a passing mention of it being 'coincidental.'” Meanwhile, as Insider notes, 73% of respondents said government spending was a “major cause” of higher prices when polled by a right-leaning advocacy group earlier this year.  Tyler Durden Fri, 10/07/2022 – 18:00.

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