#FISCAL

Patrick Skinner

SkinnerPm

Next year there will be a noisy ripple of public people and officials saying they opposed Trump’s racist/dumb/insane policies all along. But just a ripple. The rest will be quiet,

Bola Ahmed Tinubu

AsiwajuTinubu

1. ECONOMIC POLICY: CORONAVIRUS ECONOMIC STIMULUS PROGRAM 2. POLICY BACKGROUND The coronavirus has changed the modern world with a velocity un-foretold. To protect their populations, nations have taken unprecedented steps

Brad Setser

Brad_Setser

Argentina is doing a virtual road show to market its bond exchange this week. And by all accounts it faces an uphill challenge -- in part, I fear, because some

Rohan Grey

rohangrey

1. Here's @RashidaTlaib in July last year asking the Fed to commit to buying state/local government debt in a recession.https://nymag.com/intelligencer/2019/07/aoc-is-making-monetary-policy-cool-and-political-again.html 2. Here's the WSJ on t

Jason Furman

jasonfurman

The fiscal response has now ended. The "cliff" was at the end of July but given that most households saved a lot in the spring & had healthier balance sheets

Leonardo Siqueira

leosiqueirabr

O Rio de Janeiro é um retrato do que é o Brasil. O Estado paga o preço hoje da mentalidade de seus governantes passados. Surfaram a onda do petróleo, gastaram

Sabyasachi Kar

Sabya_K

Thread: Does Covid-19 crisis need Modern Monetary Theory (MMT) approach?It has now become clear that the Indian govt. will run a large fiscal deficit in 20-21. For funding this, some

Bruce DePuyt

Bruce_DePuyt

Maryland Comptroller Peter Franchot (D) and Bureau of Revenue Estimates Chief Andy Schaufele report that the state is on pace to lose $2.8B in general fund revenue from the economic

Mark Paul

MarkVinPaul

It's time for our government to build a just, inclusive, and sustainable economy. The #AmericanJobsPlan is a step in the right direction. But @adamshersh & I explain in a new

John Ferry

JohnFerry18

I see some are seeing posts like this and deploying the straw man "too wee, too poor" argument & saying Scotland would just be borrowing and furloughing workers like any

Frank_vL

Frank_vanlerven

Thread-QE & Inequality: Time for the @bankofengland to come clean?I had to do some research on the distributive effects of QE and so thought I would share thoughts.Key message -

Jacob F Kirkegaard

jfkirkegaard

A quick thread on today's @EUCouncil video conference - its basically all to play for, but signs are getting more promising. 1) The MFF is now clearly the vehicle of

David Andolfatto

dandolfa

If deficits run unabated as demand for UST debt stabilizes, result must eventually be inflation. Interest rate policy may bring inflation down temporarily (via recession), but would be powerless in

Torsten Bell

TorstenBell

People will focus on the £50bn+ cost of the Job Retention Scheme, but the real challenges with what the Chancellor has announced today are different. Three stand out... 1. Refusing

Rota Fortunae

RFortunae

A thread based on separate but related ideas brewing in my head the last few weeks. Mostly about what I see as current false narratives and their impact on outcomes.

Toronto Drop-in Network (TDIN)

TODropinNetwork

That @JohnTory would actively threaten cuts to homelessness services during a time when we have over 1,500 folks who have been surviving in encampments for months, as well as 1000s