We Need New Rules To Meet The Fiscal Policy Challenges Of The Year Ahead
Written by Econintersect Guest
– this post authored by Ed Dolan, Niskanen Center
A difficult year lies ahead for U.S. fiscal policy. A hoped-for V-shaped recovery from the Covid-19 pandemic has turned into something that looks more like a long-tailed Nike swoosh. Business closings, mostly classed as temporary back in March and April, are, increasingly, proving to be permanent. Evictions and foreclosures loom over cash-poor working-class families, who are estimated to have accumulated as much as $70 billion in back rent owed.
Source: http://econintersect.com/pages/opinion/opinion.php?post=202011020135
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