125 economists urge Congress to agree $1,200 stimulus checks - Business Insider

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More than 125 economists, including Obama's former top economic advisor, have signed a letter urging Congress to send a second round of $1,200 stimulus checks

Carlos Ponce joins a protest in in Miami Springs, Florida, asking senators to continue unemployment benefits past July 31, 2020.A group of more than 125 economists worldwide are calling for another round of $1,200 COVID-19 stimulus checks to keep Americans out of poverty.

"Unless policymakers act quickly to respond to the crisis at the scale necessary, we risk the damage to the economy lasting much longer than necessary," the economists said. Now, a group of 127 economists have signed an open letter to US policymakers, urging them to send another round of payments. Signatories included Jason Furman, who was the top economic advisor to former president Barack Obama, Claudia Sahm, a former Fed economist, and Alan Blinder, a former Federal Reserve board vice-chairman.

The economists described the stimulus checks as "an essential tool" for keeping lots of Americans out of poverty.

 

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I know what the person means, but that sign being held up in the picture is hilarious.

LariasLa No more unemployment?🤔

thanks for this news

Not cash...

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