Fiscal Policy in the US: Covid-19 Pandemic

This source provides a brief description of President Trump's Tax Cut and how it has affected investment in America. Along with the description, there is quarterly investment data from the Bureau of Economic Analysis.

This report from the Brookings Institute from August 15, 2019 discusses the effect of rising debt and low interest rates on economic growth. The author, William Gale, suggests implementing a medium to long term gradual debt reduction program to make the economy more robust.

This source is from the Washington Post and talks about how unemployment has been very low in November 2019. The author discusses how the strong stock and labor market's have been the biggest engines for the economy, while some aspects of the economy are still sluggish.

This empirical data shows the Federal Funds rate over time. Higher federal funds rate make it more expensive for banks to borrow money. When rates are high, banks lend less money and charge higher interest rates. When loans are more expensive and difficult to obtain, businesses are less likely to borrow. This slows the economy. Rates reached a 10 year high at the end of March 2019, and had been on the decline since then meaning the economy was slipping and they were trying to speed it up.

This source from the WSJ discusses how the U.S. banking system has been very strong and may be masking risks. Various comments and concerns by officials from the Fed, FDIC, Treasury and banking analysts are presented.