Former Chairman of the Council of Economic Advisers Austan Goolsbee, who advised the Obama administration, told CNN that he feels something needs to be done soon in order to prevent a potential double-dip recession.
“There are a lot of people really hurting in the country, I hope that they can agree on something soon,” Goolsbee, who was also chief adviser for the Economic Recovery Advisory Board established during Obama’s presidency, said.
“I just hope that we can get agreement. It may not be everything that everybody wants but at least if we can get some significant relief to people,” Maryland House Majority Leader Steny Hoyer (D-MD) told Roll Call. “And then we’re going to be here next year. If we need to do other things, we’ll do other things.”
Please help. The U.S. is facing an economic depression just like the 1930s depression which followed the last pandemic in 1918. History is repeating itself.
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