
Stimulus packages throw money at financial crises. But do they actually help the economy?
According to Professor of Economics Dan Silverman, economic uncertainty is one of the main problems when it comes to restarting economic growth. So, what happens if another round of government aid never comes to fruition?
Economic uncertainty is one of the main problems when it comes to restarting economic growth, according to Professor of Economics Dan Silverman, who's the Rondthaler Chair. So, what happens if another round of government aid never comes to fruition?
Read Silverman's response in this article published Sept. 15, 2020, in Forbes:
While much of the discussion is wrapped around the stimulus checks that qualifying Americans may receive, Silverman says that the financial health of states shouldn’t be overlooked. Many recent bills don’t include additional funding for states, and the original provision for states in the CARES Act is almost fully depleted.
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