Shelter from the Storm(s)
Moody's Talks - Inside Economics
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The Importance of Fiscal Response to the Great Recession
The total fiscal response to the Great Recession was 10% of GDP. So much, much more than would have been what normally expected. I'm not convinced that 20% is twice as good as 10% in terms of a fiscal response. But all that said, parsing through, you know, would have been different.
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