Peter Ganong on the Dynamism and Resiliency of the US Economy
Macro Musings with David Beckworth
00:00
Nominal Income Targeting
The US economy has never had a strong of a safety net response as we had during the COVID-19 pandemic. 92% did not sign up or opt into this program. So it's a built-in suspenders situation where we didn't know what was going to work going in. We need to figure out how to trim and reorganize before the next recession.
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