from researchers at Harvard University, the University of Chicago, Harvard Business School, and the University of Illinois.
Many economists say unemployment could remain high going into 2021 even with another round of stimulus. The nonpartisan Congressional Budget OfficeGOLDMAN SACHS: Buy these 21 cheap under-the-radar stocks that offer market-beating growth potential right now White House officials, though, say they will support another round of spending if it's warranted, and they're gauging the effects of states like Georgia reopening their economies. Over $3 trillion in spending has already gone out the door under the CARES Act and other legislative packages since March.Other policymakers are calling for immediate action.
"In the long run, and even in the medium run, you wouldn't want to bet against the American economy. This economy will recover," Powell . "It may take a while. It may take a period of time. It could stretch through the end of next year."
Optimism & confidence are Conservative tools. Confederates went into fight yelling and sure they’d kick ass, Union went reluctantly. Trump’s people assured us Virus was ‘well contained’, TaxCuts would ‘pay for themselves’, General Flynn pled guilty, twice, because Obama...Lies.
And they’re wrong. Shocker. I live in NOLA on a major thoroughfare. There was no noticeable increase in traffic for our first weekend with relaxed restrictions. Maybe because there’s still a plague. 🤷♂️ Now, I think there is a ton of pent up demand but it’s waiting for the 1/
Without consistent demand there won't be a rebound. BasicIncome now please, for a consistent demand that will bring back the economy.
Smoking good weed always brings a positive vibe lol
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