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Honestly think both Ds and Rs are overestimating how much a four-month delay of a stimulus package will hurt the macroeconomy. Everyone is treating this like it's 2009, but the dynamics are very different, household and bank balance sheets much healthier.https://twitter.com/joshtpm/status/1313645118134595586 …
Enormous numbers of consumers will be cutting back through the holidays. A huge segment of the economy depends on this time to make money for the year. I think you are underestimating the effects.
