The possible perils of too much stimulus coronavirus economy

The possible perils of too much stimulus coronavirus economy spending michael macdowell


If you are confused about the status of the economic recovery from COVID-19 you are not alone. Whether it be long economic tomes about job growth, detailed data on the stimulus multiplier or politically inspired verbiage representing conflicting points of view, the amount of information on the economy is enough to confuse even the most careful reader.
There are reasons for this. It is still early in the “recovery” and so there is not enough collected data to enable the development of trendlines covering what is working and what is not.  Further, many of the pronouncements and actions taken by the current administration are designed to support their preconceived programs regardless of the efficacy of their stimulus effects.

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