Economics, Monetary policy, Federal Reserve System, Great Depression, United States, Financial crisis

Did America Learn Anything From the Last Economic Crisis?

On Apr 24, 2020
@nytimes shared
RT @Neil_Irwin: I've had a sinking feeling the last couple of weeks that the United States is going to blow it on the economic response—that political will to support the economy will dry up before the crisis ends. https://t.co/KbehOKAELC
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Bailout fatigue is already starting to appear, particularly among Republicans.

www.nytimes.com
On Apr 24, 2020
@nytimes shared
RT @Neil_Irwin: I've had a sinking feeling the last couple of weeks that the United States is going to blow it on the economic response—that political will to support the economy will dry up before the crisis ends. https://t.co/KbehOKAELC
Open

Did America Learn Anything From the Last Economic Crisis?

Bailout fatigue is already starting to appear, particularly among Republicans.

The $2 trillion coronavirus rescue package is more than double the size of Obama's stimulus plan — but it may only salvage the economy for a few months

The relief bill may be only a down payment toward restoring the nation's economic health if the outbreak stretches into the summer.

The Sovereign Fed

In terms of crisis governance, the United States is not a country with a central bank. It is a central bank with a country.

Ten Years After The Financial Crisis, The Contagion Has Spread To Democracy Itself

Tim Geithner, Ben Bernanke and Hank Paulson dealt a catastrophic blow to public faith in American institutions.

Here’s why the US can afford its high-priced pandemic rescue

$2 trillion is a lot of money. But the US has a lot of economy.

The Policymakers Saved the Financial System. And America Never Forgave Them.

Ben Bernanke, Hank Paulson and Tim Geithner rescued the country from disaster, but their success had an unexpected price.

Fact check: How Trump's economy compares to Obama's

A commemorative tweet from former President Barack Obama Monday touting the "longest streak of job creation in American history" on the 11th anniversary of the Recovery Act was met by an ...

Mnuchin’s call for returning Fed authorities meets skepticism

Experts think Treasury Secretary Steven Mnuchin wants to expand the Federal Reserve’s powers to save non-financial firms facing insolvency.

The government’s multitrillion-dollar problem

The economic devastation wrought by coronavirus is so powerful that worries are mounting about the size of the rescue package.

The 2010s Were an Economic Tragedy

It should have never taken the economy so long to recover from the Great Recession.

The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn

“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a “The economy is looking great,” ...

Rising level of corporate debt a risk to global economy – OECD

Companies around world need to repay or refinance as much as $4tn over next three years