An event coming on May 16: Preparing for the next recessi...

An event coming on May 16: Preparing for the next recession is perhaps the most productive and urgent policy-analysis task op[en today: Equitable Growth: Preparing for the Next Recession: Policies to Reduce the Impact on the U.S. Economy - : "A Hamilton Project and Washington Center for Equitable Growth Policy Forum.... Historically, the U.S. has responded to recent recessions with a mix of monetary policy action and discretionary fiscal stimulus. However, since monetary policy options may be limited during the next recession, policymakers should consider adopting a range of fiscal policy measures now to help stabilize the economy when a future downturn inevitably occurs. This can be achieved with a range of fiscal policy responses aimed at expediting the next recovery through strengthening job creation and restoring confidence to businesses and households...

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