Automatic stabilizers are a key factor in easing the consequences of negative economic shocks. What are automatic stabilizers and how do they work? In an earlier post on this topic, Social Insurance ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Yarilet Perez is an experienced multimedia ...
One of the lessons of this recession is that fiscal policy is a very imperfect policy tool. In deep recessions when monetary policy has run its course -- when moving interest rates all the way to zero ...
As we approach sequestration today the dominant narrative continues to be that the huge run-up in the deficit since the Great Recession has been our greatest political-perhaps even a moral-failure.
Speaker Nancy Pelosi on Thursday endorsed an idea that many Democratic lawmakers have been pushing: to use so-called automatic stabilizers to keep critical coronavirus relief programs running without ...
A little over a year ago, a group of progressive policy experts published a book of essays titled Recession Ready, which offered a simple, compelling, and modern theory about how to deal with economic ...
Lawmakers are pushing the White House to tie future relief to economic conditions and if Congress gets the support it needs, people could see stimulus checks hit their bank accounts automatically. The ...
A rich man once told me something that surprised me. He was once not rich. Understand that his formerly deprived circumstances weren’t the surprise. The U.S. is happily dense with people who came up ...