财政刺激不能停 With the recovery still finding its footing, the U.S. economy needs the assurance of durable stimulus. So far, members of Congress have failed to reach a deal to even partially extend the $600 weekly add-on for unemployment insurance. And while President Trump signed an executive order to provide an extra $400 per week, the ability of states to deliver -- the money was originally to be sourced from a patchwork of federal and state funds -- remains in doubt.
Absent an agreement in Congress, stimulus delivered by executive order is better than none at all. At the same time, in terms of design and durability, the White House package is sub-optimal. With the unemployment rate at 10.2%, the economy requires sustained support, not stop-gap solutions.
Absent an agreement in Congress, stimulus delivered by executive order is better than none at all. At the same time, in terms of design and durability, the White House package is sub-optimal. With the unemployment rate at 10.2%, the economy requires sustained support, not stop-gap solutions.