2min chapter

Odd Lots cover image

David Woo on What the Economists Got Wrong About the Stimulus

Odd Lots

CHAPTER

What Happened to Small Business Incomes?

Hokt: While it is true that we have had some elevated inflation prints, and there's i reason to think, i now that even if there's a cool down, we are going to get them. We also see an extremely robust labor market recovery, nearly two million jobs in the last two months. But huge swaths of the economy, their incomes, at least for for several months after the vire is hit, would have basically gone to zero. Hokt: On the other hand, there are millions of landlords who probly wouldn't have been able to collect any rent had it not been for the u. I and some of these programmes.

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