" 2022 midterm message: Voters want normal, not crazy"
"According to economist David Shulman, the Democrats remembered the lessons of 2009, when the $800 billion fiscal package enacted was woefully lacking in dealing with the Global Financial Crisis (GFC). However, they failed to recognize that the pandemic was a completely different type of shock: While the economy plummeted when businesses were shuttered, it rebounded quickly when businesses re-opened. Consequently, they wound up fighting the last fiscal war by enacting programs that were four times larger. Together with a highly expansionary monetary policy, the seeds for a resurgence of inflation were sown."
The 2022 midterm message: Voters want normal, not crazy | The Hill
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