OP obstruction did a lot of damage even during the Obama years. Republicans used hardball tactics, including threats to cause a default on the national debt, to force a premature withdrawal of fiscal support that slowed the pace of economic recovery. I’ve estimated that without this de facto sabotage, the unemployment rate in 2014 might have been about 2 percentage points lower than it actually was.
Most immediately, the coronavirus is running wild, with new cases exceeding 100,000 a day and rising rapidly. This is going to hit the economy hard, even if state and local governments don’t impose new lockdowns.
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Krugman: Is America becoming a failed state?
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