Jeffrey Bergstrand, professor of finance, said the just-passed Phase Three package should be sufficient to stabilize the economy and emphasized the need for Phase Four, which he said “will bring some stimulus to aggregate demand if there is a government infrastructure program put in place.”
Tag: coronavirus stimulus package
Rutgers Economist on Stimulus Bill: “We patched the hole short-term.”
Michael Merrill, an economist and labor historian in the Rutgers School of Management and Labor Relations, is available for interview on House passage of the $2 trillion coronavirus stimulus bill. Merrill said, “Congress deserves praise for supplementing and extending unemployment benefits,…