The Path to Higher, More Inclusive Economic Growth and Good Jobs - Center for American Progress
The Path to Higher, More Inclusive Economic Growth and Good Jobs Getty/Justin Sullivan Julia Cusick Introduction and summary Congress has passed massive COVID-19 relief legislation. Most of the economic discussion surrounding President Joe Biden’s American Rescue Plan (ARP) focuses on its delivery of urgently needed help to struggling families, businesses, and state and local governments. The primary impact of this legislation is thus on the demand side of the economy. 1 People, businesses, and state and local governments will get more income and therefore raise their spending—easy eno...
Source: americanprogress.org