Quoted on stimulus in CQ below. Also, stay tuned – I’m scheduled to testify before the House Transportation and Infrastructure Committee next week.
The research and policy director at the liberal-leaning Economic Policy Institute, John Irons, says that if the nation goes into a recession — and there’s a growing consensus that it’s already there — employment opportunities will be needed not just in the short term, but for months down the road. “With recessions the job market takes a lot longer to recover,” Irons said. “So whatever we can put into the pipeline, it’s not like we won’t need it in six months or a year.”