The first weeks of President Joe Biden’s new administration have seen a focus on getting a large COVID-19 relief and stimulus bill through Congress. Romesh Vaitilingam reports on a new survey of 42 economic experts on the relief proposals, with there being broad agreement that they should focus on relief rather than economic stimulus and that they should target […]
Expert US economists agree that cancelling student debt for those on low incomes is preferable to forgiving it for all.
Even before the COVID-19 pandemic began there had been ongoing debates over whether the US government should forgive some or all of the outstanding student loans it holds. Romesh Vaitilingam details the results of a survey of 42 US expert economists on student debt: the majority agree that paying off all student loans would benefit those on higher incomes […]
A panel of experts discusses the interaction between containment measures and economic activity, and the need for investment to support the medical response to the health emergency, writes Romesh Vaitilingam.
Just two weeks ago, the likelihood of a major US recession as a consequence of the public health challenge was still in doubt. In the past few days, the number […]