The Long Tail of Fiscal Stimulus

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The Long Tail of Fiscal Stimulus

MACRO STRATEGY

The Long Tail of Fiscal Stimulus

Sep. 09, 2020
  • The stimulus packages that Congress has passed so far have been enormous and have come with surprising speed.
  • The economic effects appear to not be fully realized as consumers are unable or unwilling to spend money during the pandemic.
  • As a result, the economy runs the risk of having “not enough” stimulus now and “too much” stimulus later.