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Paul Krugman writes: Pandemic rescue: It’s ‘And’ not ‘Or’

Given the economic and political situation we’re in, stimulus checks are complementary to other emergency relief, not in competition with it

January 28, 2021 / 04:10 PM IST
Paul Krugman writes: Pandemic rescue: It’s ‘And’ not ‘Or’

Paul Krugman President Joe Biden is proposing a large relief package to deal with the continuing fallout from the coronavirus. The package is expansive, as it should be. But it is, predictably, facing demands that it be scaled back. Which, if any, of these demands have some validity? We can discount opposition from Republican leaders who have suddenly decided, after years of enabling deficits under Trump, that federal debt is a terrible thing. We’ve seen this movie before, during the Obama...

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