The lapse in the $600 weekly jobless payments could have a huge impact on the broader economy.
How big? Researchers estimate a one-month expiration could cause consumer spending to fall 4.3% — more than the entire decline during the Great Recession. https://t.co/DmO1JnLVmn
— Kate Davidson (@KateDavidson) August 5, 2020
That’s going to do great things for the economy. We are a deeply stupid people.