Does Hurting Econ. W/Big Gov't Buy Votes?
The on-again, off-again nature of economic stimulus negotiations may provide a useful brake to evaluate the proposals on the table more carefully. The economic effects they will have depend heavily on economic issues that the big-government coalition of House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin is seemingly unaware of. If they get what they want, the economy will be slowed down further, and relief will not be focused on those who need it the most. The White House needs to understand the economic impact of their proposals better, or they will be disappointed when reality departs from their economic or political intentions.
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