Thursday, March 25, 2021

Maybe They'll Get It Right This Time

Of course people have fallen and will continue to fall through the cracks, but it's at least possible that this time, at least in the aggregate, the policy response to widespread unemployment will be pretty good! We'll see.

Obama's policy response (blame who you want, THE POLICY RESPONSE THAT HAPPENED WHILE OBAMA WAS PRESIDENT) was bad, and then the Fed made it worse by taking away the booze too early. In 2015.

Maddening years.