The IRS, hampered by the pandemic, still delivered $269 billion in rapid relief with 99.5% accuracy. Critics are unimpressed.
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Tag Archives: Economic Stimulus
Conjuring $2 Trillion
In what is likely the largest public spending bill in history, Congress conjured $2 trillion seemingly out of thin air. How?
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Unintended Consequences In The Tax Law
Lawmakers who cut corporate taxes last year probably did not expect to unleash a wave of share buybacks.
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Thank You, Ben Bernanke
Fed policy means an ultra-cheap mortgage now, but we may pay later with higher inflation.
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Going After ‘Idle Iron’
If you can’t keep people employed digging holes, pay them to fill the holes they have already dug. That seems …
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Why Stocks Thrived Amid Pandemic
After crashing in the darkest days last March, equities finished 2020 with solid gains as investors saw a brighter future.
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