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Jared Bernstein on Taxes, Spending, and Why President Biden Wants to 'Pay for It'

Odd Lots

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Transitioning to Fiscal Policy for Economic Recovery

This chapter examines the shift from monetary to fiscal policy as a vital strategy for economic recovery in the post-COVID era. It discusses the effectiveness of expansive government spending and the political challenges of initiatives like President Biden's spending plans amidst inflation concerns. The conversation highlights the importance of targeted investments and the need for sustainable funding sources to foster equitable and quality job creation.

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