Wednesday, October 20, 2021
HomeSample Page

Sample Page Title

- Advertisement -


Neil Irwin: “The $1.9 trillion American Rescue Plan enacted in March, as well as a $900 billion pandemic aid package passed in December, are heavily front-loaded. They were set up to get money out the door fast. But one consequence of that strategy is that fiscal policy in the quarters ahead will subtract from economic growth.”

“There is no modern precedent for such huge swings in sums the government is pumping into the economy. And there is a risk — recently acknowledged by a top Federal Reserve official — that if pandemic-era savings are disproportionately held by the affluent, they will sit on that cash rather than spend it.”

FavoriteLoadingSave to Favorites



Source link

- Advertisement -
RELATED ARTICLES

Leave a Reply

- Advertisment -
Google search engine

Most Popular

Recent Comments

%d bloggers like this: