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Can Government Spending Save the Economy?

Can Government Spending Save the Economy?

FromThe Daily


Can Government Spending Save the Economy?

FromThe Daily

ratings:
Length:
25 minutes
Released:
May 18, 2020
Format:
Podcast episode

Description

As the American economy plunges toward a recession, economists and policymakers are triaging proposals to stanch the bleeding. All of their ideas will cost money the government doesn’t have. That leaves Democrats and Republicans with two major questions: How much should be borrowed for bailouts — and what spending is needed to avoid permanent economic damage?  Guest: Ben Casselman, an economics reporter at The New York Times.For more information on today’s episode, visit nytimes.com/thedaily Background reading: Jerome H. Powell, the Federal Reserve chair, has urged Congress to spend more on economic relief — even if doing so means increasing the federal deficit. He warned that the United States was experiencing an economic hit “without modern precedent.”
Released:
May 18, 2020
Format:
Podcast episode

Titles in the series (100)

This is what the news should sound like. The biggest stories of our time, told by the best journalists in the world. Hosted by Michael Barbaro. Twenty minutes a day, five days a week, ready by 6 a.m.