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Tuesday, December 16, 2014

How Fiscal Policy Failed During the Great Recession

I have a new column:

How Fiscal Policy Failed During the Great Recession: Fiscal policy failed us during the Great Recession. We did get a fiscal stimulus package shortly after Obama took office, and it helped. But it wasn’t big enough and did not last long enough to make the kind of difference that was needed. Fear of deficits stood in the way, though all the dire predictions that were made about the debt associated with the stimulus package did not come to pass. We could have done so much more. ...

    Posted by on Tuesday, December 16, 2014 at 08:15 AM in Economics, Fiscal Policy, Fiscal Times, Monetary Policy, Politics | Permalink  Comments (18)


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