Government-aided rebound would come in stark contrast to what happened during the 2007 to 2009 recession.
Back then, Congress’s biggest package to counter the fallout of the downturn was the $800 billion American Recovery and Reinvestment Act, passed in 2009.
At the time, concern over the deficit helped to stem more aggressive fiscal policy responses.
But economic thinking has undergone a sea change since then.
New York Times 18 January 2021
https://www.nytimes.com/2021/01/18/business/economy/full-unemployment-fiscal-policy.html
Jag tycker det är skriande uppenbart att räntan världen över är för låg och att en större del av stimulanserna borde ske via finanspolitiken.
Rolf Englund blogg 5 december 2009
https://englundmacro.blogspot.com/2014/08/skriande-uppenbart.html
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