Friday, May 15, 2020

Trump Is Following in Herbert Hoover’s Footsteps



And we know how that worked out. Additional economic assistance is the only thing that can keep the U.S. economy from falling into a second Great Depression, and with interest rates near zero, the government has all the fiscal capacity it needs to borrow the trillions necessary to relieve the pain.

from Pocket https://www.nytimes.com/2020/05/15/opinion/coronavirus-trump-hoover.html
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