The Recovery Plan America Needs (Project-Syndicate)

Though US policymakers took bold early action to prop up the economy during the COVID-19 crisis, the International Monetary Fund now expects America’s GDP to contract by 8% in 2020. If the US government does not pursue a comprehensive recovery program, the outlook will become even worse

Laura Tyson, former chair of the US President’s Council of Economic Advisers, is Distinguished Professor of the Graduate School at the Berkeley Haas School of Business and Chair of the Blum Center Board of Trustees at UC Berkeley – Lenny Mendonca, Senior Partner Emeritus at McKinsey & Company, is a former chief economic and business advisor to Governor Gavin Newsom of California and chair of the California High-Speed Rail Authority

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