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Getting Serious about the Economic Response to COVID-19
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Getting Serious about the Economic Response to COVID-19

Josh Bivens
EPI, 2020
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Recommendation

Anxiety over the potential US economic fallout from the COVID-19 epidemic continues to mount. In this concise briefing, economist Josh Bivens offers policy officials some sober advice on how to tailor their responses to the particular aspects of a coronavirus-driven recession. His astute paper looks into how, much like the virus itself, a potential downturn could spring up suddenly, affect low-income people the most, and have an excessive effect on state and local governments. 

Take-Aways

  • A COVID-19 recession would come on fast in the United States.
  • A coronavirus recession would disproportionately affect low-income workers.
  • State and local governments will bear the brunt of the public health responses.

About the Author

Josh Bivens is the director of  research at the Economic Policy Institute.

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