Project Syndicate: America’s Stimulus Debate
Feb 25, 2021
https://www.project-syndicate.org/bigpicture/america-s-stimulus-debate
The US Congress is currently debating President Joe Biden’s proposed $1.9 trillion economic rescue package, which includes a planned increase in the federal minimum wage to $15 per hour. Policymakers and economists disagree not only about the appropriate size and scope of the measures, but also on the broader question of whether fiscal policy can and should return to center stage.