Fiscal cliffs are dangerous, and the CARES act intensified the problem

https://nathantankus.substack.com/p/the-fiscal-cliffication-of-fiscal?token=eyJ1c2VyX2lkIjo2MDE2NTUsInBvc3RfaWQiOjgxMDE2MywiXyI6InQxcEp4IiwiaWF0IjoxNTk2NTQ4NDA1LCJleHAiOjE1OTY1NTIwMDUsImlzcyI6InB1Yi0zNDEyMSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.v2jR-y1iDsKSg2rwL1LaJyAUx6vM570zLvdKGR7oVzE

 

“I criticized the CARES act early on for having specific dollar amounts and arbitrary time limitations, rather than standardized criteria for indefinite mandatory funding of the most essential programs. It has become clear since then that this structure has many benefits to a Republican party ready to shed President Donald Trump, and saddle a Democratic administration with a deep depression.”

 

Charlie Cooper