The Daily

Can Government Spending Save the Economy?

The Daily

As the American economy plunges toward a recession, economists and policymakers are triaging proposals to stanch the bleeding. All of their ideas will cost money the government doesn’t have. That leaves Democrats and Republicans with two major questions: How much should be borrowed for bailouts — and what spending is needed to avoid permanent economic damage? Guest: Ben Casselman, an economics reporter at The New York Times.

For more information on today’s episode, visit nytimes.com/thedaily

Background reading:

  • Jerome H. Powell, the Federal Reserve chair, has urged Congress to spend more on economic relief — even if doing so means increasing the federal deficit. He warned that the United States was experiencing an economic hit “without modern precedent.”

Next Episodes

The Daily

The Sunday Read: 'Letters of Recommendation' @ The Daily

📆 2020-05-17 10:00 / 00:24:21


The Daily

'Rabbit Hole,' Episode 5: The Accidental Emperor @ The Daily

📆 2020-05-16 14:00 / 00:34:41


The Daily

A Bit of Relief: Reruns, Rituals and Restaurants @ The Daily

📆 2020-05-16 00:46 / 00:17:00


The Daily

Reopening, Warily @ The Daily

📆 2020-05-15 11:52 / 00:31:01


The Daily

The Saga of Michael Flynn @ The Daily

📆 2020-05-14 11:52 / 00:25:06