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The 21st-century economy has been a two-decade series of punches in the gut.
The century began in economic triumphalism in the United States, with a sense that business cycles had been vanquished and prosperity secured for a blindingly bright future. Instead, a mild recession was followed by a weak recovery followed by a financial crisis followed by another weak recovery followed by a pandemic-induced collapse. A couple of good years right before the pandemic aside, it has been two decades of overwhelming inequality and underwhelming growth an economy in which a persistently weak job market has left vast human potential untapped, helping fuel social and political dysfunction.
Biden s COVID stimulus is the biggest economic relief yet Here s what that means for you
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Biden s COVID stimulus is the biggest economic relief yet Here s what that means for you
salon.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from salon.com Daily Mail and Mail on Sunday newspapers.
The Fight Is On to Define the Pandemic Aid Bill
Democrats have embraced the scope and cost of the stimulus measure, daring Republicans to campaign against the myriad benefits it delivers for their constituents.
Speaker Nancy Pelosi on Thursday. The bill is likely to be a main point of contention in next year’s midterm elections, as Democrats seek to retain their thin majorities in the House and the Senate.Credit.Anna Moneymaker for The New York Times
March 11, 2021
WASHINGTON Congressional Republicans and Democrats finally agree on something: The pandemic rescue bill President Biden signed into law on Thursday is the largest expansion of government support programs in more than 50 years. Where they differ is on whether that is good or bad.