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Anxiety over the potential US economic fallout from the COVID-19 epidemic continues to mount. In this concise briefing, economist Josh Bivens offers policy officials some sober advice on how to tailor their responses to the particular aspects of a coronavirus-driven recession. His astute paper looks into how, much like the virus itself, a potential downturn could spring up suddenly, affect low-income people the most, and have an excessive effect on state and local governments.
About the Author
Josh Bivens is the director of research at the Economic Policy Institute.
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8 months agoIt's a very sober analysis.