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Recessions
Timely, well-targeted fiscal stimulus is essential for combating recessions and mitigating their worst effects on workers and families.
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Inflation-Related Updates to Recession Remedies
In this analysis we offer inflation-related updates to Chapter 1 of Recession Remedies: Lessons Learned from the U.S. Economic Policy Response to COVID-19, highlighting that the service sector has replaced goods as the primary driver of inflationary pressure in recent months, and that the continued rise in inflation has led to further declines in real wages in aggregate.
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