Steve Greenleaf

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After the swift passage of the CARES Act in the spring, it had taken months of intense negotiation to finally put together the second stimulus deal in December 2020, and then it all hung on Trump’s signature. On the Democratic side, the main reason to get the second stimulus deal done sooner rather than later was the expectation that as soon as Biden was inaugurated, the GOP would pivot. The party that under Trump had happily voted for huge deficits would rediscover fiscal rectitude and insist on budget balance. They would sabotage Biden as they had done Obama. If the Republicans held the ...more
Shutdown: How Covid Shook the World's Economy
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