Nobel Prize-winning economist Paul Krugman says it is important to realize that legislation around coronavirus is not a stimulus bill, it is mostly a disaster relief bill. He says it is good for the most part but will probably need to be bigger, maybe as large as four or five trillion dollars. The current crisis is not a replay of the Great Recession, according to Krugman, but there will be a second wave that will be if we don't act forcefully enough now.

 

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