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re: Biden supporters check in thread.

Posted on 8/16/21 at 10:50 am to
Posted by BugAC
St. George
Member since Oct 2007
53036 posts
Posted on 8/16/21 at 10:50 am to
quote:

American Rescue Plan of 2021


What, in particular, in that plan helped the America economy?
This post was edited on 8/16/21 at 10:52 am
Posted by DangerousWafer
Member since Aug 2021
228 posts
Posted on 8/16/21 at 10:52 am to
quote:

What, in particular, in that policy helped America?


I'm a Keynesian so using the Keynesian model, it increased aggregate demand which increased our output. It also resulted in increased inflation but central banks should raise rates which means it's easy to respond to.

Inflation as a problem, in my opinion, is far easier to respond to then most people would think.


This post was edited on 8/16/21 at 10:53 am
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