coronavirus fiscal stimulus Archives

The Covid Stimulus Isn’t Like Other Stimulus. It’s Much Bigger.

Aug 27, 2021 | Economic Collapse

When it comes to policy debates, it’s now pretty clear that if you’d like to sound very quaint and old fashioned, be sure to express some concerns over the size of the federal budget and deficit spending. Such concerns are now taken about as seriously by the average...

Why Inflation Is at a 12-year High

May 13, 2021 | Economic Collapse

Yesterday, the Bureau of Labor Statistics (BLS) released numbers indicating that the average price level of consumer goods has risen 4.2% since this time last year. This is the highest rate since 2008. In other words, the average consumer making the same salary this...

$600 Stimulus Checks Won’t Pull America Out Of This Mess

Dec 29, 2020 | Economic Collapse

As our politicians spend hundreds of billions on other nonsense, we are supposed to be deeply grateful to them for tossing a few hundred bucks our way… Well, it looks like we are going to get $600 stimulus payments from the federal government after all. Oh goody! ...

How Long Can the Fed Keep This Time Bomb from Exploding?

Oct 22, 2020 | Economic Collapse

Since the outbreak of the coronavirus, the United States has experienced one of the most unprecedented economic interventions in all of its history. Since March and April both the Federal Reserve and the US federal government have injected trillions into the economy...

Monetary and Fiscal Policy Won’t Help The Economy This Time

Sep 29, 2020 | Economic Collapse

Remember all those “green shoots?” That was the ubiquitous phrase used by White House officials and TV talking heads in 2009 to describe how the U.S. economy was coming back to life after the 2008 global financial crisis. The problem was we did not get green shoots;...