Faculty Fellow Jeff Bergstrand (finance) has been quoted in several articles about how the Coronavirus Relief Bill will affect the economy.
The articles discuss the increasingly urgent financial and unemployment crisis in the US and the implications of passing stimulus packages. Bergstrand comments on how Congress failed to follow up the first stimulus package after the 2008 financial crisis with another round of robust relief, and lawmakers could be at risk of repeating that mistake.
To read the articles, click the following:
- “New Unemployment Claims Slow Amid Debate Over Extending Enhanced Benefits” (WWMT, June 18, 2020)
- “Pelosi Pushes Infrastructure, More State and Local Assistance for Next Stimulus Bill” (Dayton 24/7 Now, March 31, 2020)
- “What the Coronavirus Relief Bill Offers for Small Businesses” (CBS News, March 25, 2020)
- “DOW Soars 496 Points as Traders Await Official Approval for $2 trillion Coronavirus Stimulus Deal” (Business Insider, March 25, 2020)
- “Fed, Saying Aggressive Action is Needed, Starts Unlimited QE” (Market Watch, March 23, 2020)