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Public sentiment and opinion regarding the CARES Act.

Maliha Singh
Published in: Business economics (Cleveland, Ohio) (2022)
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was the largest stimulus package in US history. In this paper, I look into whether public sentiment improved in response to the CARES Act, and analyze public opinion regarding the CARES Act, implementing a Latent Dirichlet Allocation (LDA) model. The sentiment analysis results indicate a significant improvement of public sentiment following the announcement of the CARES Act, which fades away after a week but improves again as the date to receive the first stimulus check approaches. The topic modeling results highlight support toward certain programs and some criticism of the CARES Act.
Keyphrases
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