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Jason Furman: Launch a Pre-Emptive Strike Against Recession


Congress can blunt the effects of the next downturn by tying spending increases to the unemployment rate. President Trump was right to set aside premature plans for fiscal stimulus last month. Based on the current economic situation, stimulus isn’t yet warranted—but it may be soon. Given the uncertainty, Congress should pass a law immediately

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Posted: September 5, 2019 Thursday 06:36 PM