3min chapter

Odd Lots cover image

What Adam Tooze Learned About the World Last Year

Odd Lots

CHAPTER

Are We Going to Embrace Fiscal Stimulus More Frequently?

There has been a shift on the democrat side to becoming more willing to embrace fiscal stimulus, you know, of one sort or another. It's tempting to imagine it as a return to a utopia but i think there are many different worlds that could unfold within an era of fiscal disinhibition. And they could, in fact, be the programm for concerted state building with essentially social democracy in america. But it could also be something much more ambiguous in its politics,. We compensate for the huge shock suffered by the most precarious population with the delivery of occasional checus which arrive depending on whether the president feels like signing or not. That's a very different scenario in terms of the future

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