Wall Street Is High on Government Supply
For more than a decade, the US has propped up its shaky financial system with government aid. Now that strategy is reaching its limits – on the eve of a likely recession.
1 Article by:
Christian Parenti is associate professor of economics at John Jay College, City University of New York. His forthcoming book is The Means Proper: Alexander Hamilton on the State and Economic Development (Verso Summer 2020).
For more than a decade, the US has propped up its shaky financial system with government aid. Now that strategy is reaching its limits – on the eve of a likely recession.