No Plan B
Economist’s View points out that federal policymakers don’t have a “Plan B” for the economy.
Policymakers have been telling us to have patience for some time now, but patience ran thin long ago. We need action, not excuses to do nothing based upon Republican talking points. We have millions of people out of work, we face the prospect of a five to ten year recovery for employment, yet the administration has no plans to even try to push Congress to do more. I understand that Congress is unlikely to go along, but at least people would realize whose side the administration is on. Because right now — as the above makes clear — it’s hard to conclude that the unemployed are anywhere near the top of the list.
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