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Re:The collapse of the econ PhD job market by nxm on Saturday October 04, 2025 @05:06PM (#45476708)
Stimulus was required at beginning to avoid a recession. Biden came in when economy was well recovering and overheated the economy, especially with his 2nd stimulus bill resulting in very high inflation
Re:The collapse of the econ PhD job market by ttonelli on Saturday October 04, 2025 @05:16PM (#45476787)
Right, so much stimulus that it caused inflation all over the world!
Re:The collapse of the econ PhD job market by Braxton1980 on Saturday October 04, 2025 @07:51PM (#45477778)
Trump's last stimulus package was on Dec 27th 2020 and Biden's inauguration was on January 20th 2021. The economy went from needing a stimulus package to "well recovering" in less than 30 days?