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America's Public Health Experiment: More checks, less politics

Explain It to Me

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Are Automatic Stabilizers the Ideal Way to Respond to Recessions?

There are limits to discretionary fiscal policy, especially in the middle of a crisis. But it does feel e in some ways that this could be a very blunt tool to respond to recession. I don't think that it's going to solve every problem, obviously, but there are few consistent problems that tend to happen that these types of automatic stabilizers could go a long way and address.

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