Federal package ‘not enough’

Federal package ‘not enough’

The $2 trillion plan to prop up a pandemic-reeling United States, amid the news that there were 3.3 million unemployment claims lodged in the previous week, is expected to pass the House on March 27. An array of Washington University in St. Louis experts offer perspectives on the plan.
Handing out checks gives ‘no overall economic benefit’

Handing out checks gives ‘no overall economic benefit’

The U.S. Senate, with significant prodding from the Trump administration, is working on a plan to directly provide cash assistance to millions of Americans amid the economic fallout from the COVID-19 pandemic. Experts in economics and finance from Washington University in St. Louis’ Olin Business School weigh in on how it could help housing and households and maybe pay some bills — but still not answer the problems at hand.

Expert available to discuss possible economic stimulus package

Stuart GreenbaumFormer dean of the Olin Business School at Washington University in St. Louis, Stuart Greenbaum, is available for comment on the wisdom behind the stimulus package proposals under consideration in Congress. Greenbaum is skeptical that a stimulus package will be effective and proposes several other strategies that could improve the economy.