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#Stimulus
Arash Kolahi
ArashKolahi
The economic & humanitarian crisis we are living through right now was 100% entirely avoidable.It’s just that Wall Street, large corporations, the 1%, and the political duopoly they control simply
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Matthew Yglesias
mattyglesias
Here's the thing about this. Summers' economic analysis is not particularly original here -- Biden's request fills more than 100 percent of the output gap. That's exactly what Biden's team
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Roberto Perli
R_Perli
1/5 Significant divergence of late between US and German term premiums.Hard not to interpret it as the (at least partial) result of the difference between #ECB easing commitment (pedal to
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Michael R. Strain
MichaelRStrain
THREAD. The $908 billion bipartisan stimulus that Congress is debating right now would give the economy the support it needs. The House and Senate should pass a bill this week
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Chad Stone
ChadCBPP
Dec employment situation: jobs recovery stalled before end-of-year stimulus and relief measures were enacted. Payroll jobs down 140k (private down 95k) in Dec after 5 months of shrinking job gains;
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Tired Black Woman đź–¤
DarkMimiTV
Senate is going to be dismissed for 'summer vacation', those stimulus benefits end for everyone since it's the last day and we're going into August with schools and other places
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Ty Young
YoungCryptoPM
Thread 1.) Get your popcorn ready; it’s Bitcoin VS the Fed in Q4.The upcoming election has widespread ramifications across the global economy (BTC not excluded)https://twitter.com/SquawkCNBC/status/1319264687733821441 PTJ touched on this
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Permanent Future
TheEternal_now
Thought I'd put together a small thread on possibilities during a Biden administration. I would like to preface this by saying my personal politics are FAR to the left of
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Dr Mia Brett, PhD
QueenMab87
Bernie is holding up a trump veto override vote to take credit for a bill Kamala originally introduced while Biden is preparing his COVID response planhttps://twitter.com/nepswirldabeard/status/1343991517543731201 Oh and one of
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Claudia Sahm FULL CHECKS NOW
Claudia_Sahm
"@Claudia_Sahm said a major issue with narrowing the checks is the government doesn’t have all the necessary information. People who have just lost their job or seen a pay cut
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maybe: diane
dianelyssa
I think what frustrates me the most about the calls to “get relief to those who need it most” is that not everyone making >$50k has the same life. They
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Domenico Montanaro
DomenicoNPR
Here's some data to show why Democrats might feel confident in moving fwd w/ reconciliation with or w/o Republicans, from @QuinnipiacPoll:1. The $1.9T stimulus gets a 68/24 support/oppose rating2. The
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I Am #BlueGeorgia!...#FinishTheJob Jan. 5th
Idliva
When @realDonaldTrump puts in the launch codes for that nuclear bomb($500B leveraged to $5T) HE, @stevenmnuchin1 & @jaredkushnerwill blow a hole bigger than the Grand Canyon into the rich/poor divide.
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Peter Ganong
p_ganong
If stimulus checks were larger, would people spend more? Natural starting point: how were the checks that went out in April and May spent?tldr: we have no idea estimates all
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G.C. Pieters, PhD
ProfPieters
Argh. An anticapatory spending response requires full & efficient financial markets (i.e. loans at reasonable rates). The fact that there *is* a response reveals that that assumption is not valid
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Garrett Wymer
GarrettWKYT
The bad news: @WKYT News at 11 will start at midnight.The good news: That's still three minutes earlier than we started our 11 p.m. show last night. But you'll definitely
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