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Musk Says He’d Look into DOGE Stimulus Checks ‘Uber for Armed Guards’ App Rushes to Market Following Assassination of UnitedHealthcare CEO Senate Confirms Kelly Loeffler as Next SBA Administrator Story Calendar February 2025 SMTWTFS 1 2345678 ...
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When the COVID-19 pandemic hit in 2020, bringing a brief but severe recession along with it, the Trump administration declared a state of emergency and passed stimulus measures such as the $2 trillionCoronavirus Aid, Relief, and Economic Security (CARES) Actin an attempt to provide relief to ...
Even if Krugman had gotten his $1.1T stimulus bill instead of the $800B stimulus bill, unemployment would have been affected very little – our economy is too big to think that the extra $300B would have made a significant dent in unemployment, when the initial $...
The other part of the demand comes from the government, which spread $5 trillion in borrowed money around over the past 18 months – stimulus checks, forgivable PPP loans (over $800 billion), extra unemployment benefits, funds sent to states to spend how they see fit, to airlines and...
since corrected, so that is no longer the cause of persistent inflation. Another cause of inflation was likely the dramatic increase in money supply during and after the pandemic. This too has largely pulled back as the ...