Economics
Cash for Inflation-Hit Americans Backed by Economic Odd Couple
- Democrat Stiglitz, GOP ex-Fed Governor Lindsey make same pitch
- Politicians face pressure as Russia invasion boosts gas prices
Source: Bloomberg
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It’s the economic equivalent of the 1970s sitcom, “The Odd Couple.”
Two prominent U.S. economists from opposite ends of the political spectrum say the federal government should provide cash to consumers squeezed by soaring inflation and surging energy costs.