The expected U.S. economy flush with stimulus and jobs spike is welcome news for a reeling global economy ravaged by the impact of the shutdowns because of the coronavirus.

The U.S. Bureau of Labor Statistics released its employment report for the month of March, whcih showed that 916,000 jobs were created with the unemployment number falling slightly to 6.0, most of the gains were in the hospitality sector.

Americans are bracing for higher taxes under President Joe Biden’s over $2 trillion infrastructure plan.

With President Biden announcing his close to $3 trillion infrastructure proposal he has opened the Pandora Box on spending and taxes as Democrats figure out how they will get it to the president’s desk for his signature. 

President Biden is set to announce his trillion infrastructure package in two parts, the first one will deal with transportation improvements and other the second part will be announced later in April.

When President Biden’s unveils his ambitious infrastructure plan on remaking the nations crumbling road network, to pay for this taxes will be raised on the wealthy and corporations.