I routinely complain about reporters failing to put numbers in context. Their coverage of the stimulus being pushed through Congress is a huge FAIL. The $2 trillion deal is being compared to Obamas $800 billion stimulus package. This is an incredibly inadequate comparison.
First, the $800 billion includes a number of tax provisions that would have been passed even if the economy was doing great. The actual stimulus was around $720 billion. Some of this money was designated for later years but...
Published on March 25, 2020 05:27