Whether the next pandemic bailout bill is called relief or stimulus depends on what ails the US economy – and maybe it doesn’t matter at all.
Like Congress with its $2 trillion bailout, the Fed is engaged in an unprecedented effort to save the US economy and financial system from collapse.
The Fed and Congress have little ammunition available for fighting an economic downturn if COVID-19 triggers one.
An Obama administration veteran offers some insights from his experience about driving massive increases in clean energy.
Will government policy to promote clean energy be disastrous or a boon? A close look at the 2009 stimulus, which plowed $90 billion into energy, can tell us a lot.