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Inarguably, it’s pretty bad right now.
Businesses are closing, unemployment is rising, and people are scared for their health.
Fortunately, governments are coming to the rescue with a swath of economic bailouts, stimulus checks, and hardship support.
And since we’re living through an event that will shape economic policy for generations to come, it’s an ideal time to explore what economic responses we want to replicate in the future, as well as which government policies have completely fumbled the economic response of 2020.
By doing this, we should be able to analyze the efficiency of government spending for the purposes of creating a strong economy.
📚 Want to learn more about the economics of stimulus packages? We recommend reading “The Courage to Act: A Memoir of a Crisis and Its Aftermath”, by Ben Bernanke
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