Bayan
01-16-2023, 12:33 AM
As the American economy plunges toward a recession, economists and policymakers are triaging proposals to stanch the bleeding. All of their ideas will cost money the government doesn’t have. That leaves Democrats and Republicans with two major questions: How much should be borrowed for bailouts — and what spending is needed to avoid permanent economic damage? Guest: Ben Casselman (https://www.nytimes.com/by/ben-casselman), an economics reporter at The New York Times.
For more information on today’s episode, visit nytimes.com/thedaily (http://nytimes.com/thedaily)
Background reading:
Jerome H. Powell, the Federal Reserve chair, has urged Congress to spend more (https://www.nytimes.com/2020/05/13/business/economy/fed-chair-powell-economy-virus-support.html) on economic relief — even if doing so means increasing the federal deficit. He warned that the United States was experiencing an economic hit “without modern precedent.”
أكثر... (https://www.nytimes.com/the-daily)
For more information on today’s episode, visit nytimes.com/thedaily (http://nytimes.com/thedaily)
Background reading:
Jerome H. Powell, the Federal Reserve chair, has urged Congress to spend more (https://www.nytimes.com/2020/05/13/business/economy/fed-chair-powell-economy-virus-support.html) on economic relief — even if doing so means increasing the federal deficit. He warned that the United States was experiencing an economic hit “without modern precedent.”
أكثر... (https://www.nytimes.com/the-daily)