Connect with us

Economy

The US government finally figured out how to help average Americans during an economic crisis. And then it all fell apart.

Published

on

The US government finally figured out how to help average Americans during an economic crisis. And then it all fell apart.

Speaker of the House Nancy Pelosi and Senate Majority Leader Senator Mitch McConnell. Brendan Smialowski-Pool/Getty Images The massive fiscal stimulus bill passed in March was a clear benefit for millions of Americans and showed the power of government support for the economy.

But political disagreements and economic orthodoxy has delayed any follow up bill.

The experience of not only the CARES Act, but also the last four years of fiscal policy shows that whoever wins the presidency in November should seriously consider a more sustained stimulus program to drive unemployment lower and assist American households. Matthew Zeitlin is […]

read more here —> www.businessinsider.com