Congress has the power to curb another Great Depression
July 23, 2020
Fifty million unemployed workers, 25 million families evicted or foreclosed on, 15 million small businesses gone bankrupt: this is what another Great Depression could look like. And we are on the brink of this very thing.
Decisions made this month by Congress will decide whether we tip over into depression or not.
At the beginning of the pandemic, Congress enacted and the President signed, the CARES Act. It was designed to address the economic stress from a short shutdown of the economy to fight COVID-19. The additional $600 a week for the unemployed, the $1200 a person stimulus check, and...