17min chapter

Thoughtful Money with Adam Taggart cover image

"It Will Feel Like A Recession" When Unemployment Hits 4.5% By Year-End | Bloomberg's Anna Wong

Thoughtful Money with Adam Taggart

CHAPTER

Fiscal Responses to Economic Shutdowns and Pandemic Challenges

This chapter explores the impact of fiscal stimulus packages, such as the CARES Act, on the economy during the pandemic, addressing issues like increased deficit spending and inflation. It also discusses the challenges faced by policymakers in making accurate decisions with imperfect data, lessons learned for future safeguards, and the impact of fiscal and monetary policies on the economy.

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