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The New U.S. Stimulus Package and the Meaning of Brexit

After Hours

CHAPTER

Are We Trying to Get Away From the Unemployment Crisis?

Ermany has spent less money, as a share of g d p, than the united states on direct fiscal stimulus going to individuals and households. But when you look at what a country like germany has done in terms of indirect stimulus, so things like protecting pay rolls, o n the united states,  germany has spent 38 % of gd p on that activity. And we have already replaced lost household income several times over through these payments. So it's now coming to the point where you really have to question. It feels grossly, kind of badly targeted. I think the most questionable part of the programme is really the direct stimulus checks because they're not very well

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