Discussion

Do we need another stimulus package? Who should the next relief package assist? Should all U.S. residents who pay taxes receive financial assistance? What would happen if Congress no longer provided financial assistance to large companies and only assisted small businesses and residents? Are we headed into a recession? What can Congress do to midegate the impact? How long will it take for the economy to recover? Entitlements and/or other social services will need to be reduced, what funding should be reallocated first? Describe how politics and the election hindered Congress from passing needed legislation?

Center on Budget and Policy Priorities. (2020). Chart Book: Tracking the Post-Great Recession Economy. Retrieved on November 9, 2020 https://www.cbpp.org/research/economy/chart-book-tracking-the-post-great-recession-economy (Links to an external site.)

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Dolcourt, J. & Colby, C. (2020). ‘That’s job one’: Republican leader is ready to make a stimulus deal before 2020 ends. Retrieved on November 9, 2020 https://www.google.com/amp/s/www.cnet.com/google-amp/news/we-need-to-sit-down-and-work-this-out-republican-leader-is-ready-to-make-a-stimulus-deal/ (Links to an external site.)

Gandel, S. (2020). Federal Reserve Chair Jerome Powell calls for more economic stimulus. Retrieved on November 9, 2020 https://www.google.com/amp/s/www.cbsnews.com/amp/news/federal-reserve-interest-rate-unchanged-powell/ (Links to an external site.)

Iacurci, G. (2020). Coronavirus recession ends for the rich but is far from over for lower-income communities. Retrieved on November 9, 2020 https://www.google.com/amp/s/www.cnbc.com/amp/2020/09/20/coronavirus-recession-ends-for-rich-crisis-persists-for-others.html

 

The subject of the course: American Government.

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