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The Daily

Can Government Spending Save the Economy?

May 18, 2020
Ben Casselman, an economics reporter for The New York Times, joins Jerome H. Powell, Chairman of the Federal Reserve, to tackle the pressing economic crisis. They discuss the alarming rise in unemployment and the urgent need for government intervention to prevent long-term damage. Powell emphasizes the necessity for Congress to provide fiscal support, even at the cost of increasing national debt. The conversation reveals the contentious divide between Democrats and Republicans over relief measures, highlighting the challenges of political action during this unprecedented time.
25:23

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