If Biden Goes Big Now, He May Have to Go Small Later

Monday, February 8, 2021

Authors:

Tyler Cowen

The new COVID relief bill is too heavy on consumption and too light on investment. Read more at Bloomberg [1].

Subtitle:

Yes, a lot of Covid spending is necessary, but the basic laws of economics still hold.

Source URL: https://www.mercatus.org/commentary/if-biden-goes-big-now-he-may-have-go-small-later

Links
[1] https://www.bloomberg.com/opinion/articles/2021-02-08/biden-s-huge-covid-relief-plan-could-hurt-progressive-priorities?srnd=politics-vp