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How big spending got its groove back The positive role played by the US federal government during the pandemic helped legitimise an active role for government in general. Paul Krugman Share The way it was: Some years ago, I attended a meeting in which President Barack Obama asked a group of economists for unconventional policy ideas. I distinctly remember him saying: “Don’t tell me that I should spend a trillion dollars on infrastructure. I know that, but I can’t do it.” The way it is: Top Democrats have agreed on a proposal to spend $US3.5 trillion ($4.7 trillion) on public investment of various kinds, to be passed via reconciliation on top of a $US600 billion bipartisan plan for physical infrastructure spending. And some news reports are treating this deal as a defeat for the left, because Bernie Sanders proposed spending even more.

New yorkUnited statesDonald trumpJoe bidenNew york timesFederal reserve economic dataPresident joe bidenபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்டொனால்ட் துருப்புஓஹோ பிடென்புதியது யார்க் முறைகூட்டாட்சியின் இருப்பு பொருளாதார தகவல்கள்ப்ரெஸிடெஂட் ஓஹோ பிடென்