Salon: Dimming Hope for Another Stimulus Check

Richard Wolff shares his thoughts with Salon about the three-way fight between Pelosi, McConnell and Trump that is dimming hope for another stimulus check.
 

"Both sides are gaming the election by calculations about what mix of specifics would, if passed, boost their vote," Dr. Richard D. Wolff, professor emeritus of economics at the University of Massachusetts–Amherst, told Salon by email. "They may still reach some deal (less likely with each passing day) if they can find a mix that each thinks will advantage it in the election. The delay for months now (and especially since July 31 when the extra $600 for the unemployed was cut to $300-400) has kept the stimulus far below what is needed to offset the current depression."

Read the full article in Salon

 

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  • Richard Wolff
    published this page in Blog 2020-10-19 05:50:56 -0400

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