Congress needs to spend $1 trillion on coronavirus stimulus. Here's how they should do it.

Posted on AllSides March 17th, 2020
From The Left
OPINION

The U.S. government did a lot of things wrong in the Great Recession of 2008. But one of the most consequential screw-ups, made when it really counted, was low-balling the stimulus. President Obama's economic advisors rapidly concluded it would take $1.8 trillion to plug the hole in the economy, but never pushed for that amount for fear of the politics. The stimulus that passed was less than half that number, and the grinding decade of slow recovery that followed was the inevitable result.

Now, the global coronavirus pandemic means the...

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Jeff Spross

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https://theweek.com/articles/902706/congress-needs-spend-1-trillion-coronavirus-stimulus-heres-how-should

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