351 | Cheap Debt, Bailouts, Crashes, and the Fight for Economic Resilience with Liz Hoffman
The Realignment
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What's the Difference Between Success and Failure in the Pandemic Economy?
Paul Waldman: I had expected this to be much more of a bloodbath than it was. The paycheck protection program has been unfairly maligned in the, you know, year or two since it wrapped up. And also have to remember that some businesses were shut down because their businesses didn't make sense anymore. It is easier as we saw here when the rubber band snaps back to kind of build a bridge to get you over whatever that pick your letter or you or your V, your Nike swoosh of a recession means.
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