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The Conversation USA

Washington's recession-fighting toolbox is nearly empty as US economy braces for possible coronavirus outbreak

  • Written by Bill Ferguson, Professor of Economics, Grinnell College
A wrench may not be enough. mipan/Shutterstock.com

Investors, policymakers, businesses and the general public are increasingly concerned the coronavirus’ rapid spread will lead to a recession. While this outcome is hard for economists like me to predict, we do know one thing: The U.S. is not prepared to fight a deep recession.

Policymakers...

Read more: Washington's recession-fighting toolbox is nearly empty as US economy braces for possible...

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