Another big coronavirus spending bill wouldn’t do much good

Published September 9, 2020 7:27pm ET



There may or may not be another huge, expensive coronavirus relief/stimulus spending bill — who knows how much Congress will hand out in election season? But there shouldn’t be any more economic spending bills from Congress — we’re done with that now.

There’s a perfectly respectable argument that in the middle of a deep recession, we should throw money out there to prevent it from becoming a depression. That argument may not be to everyone’s taste, but it’s a reasonable one, at least. But once it has achieved the main goal, preventing that depression, it’s time to stop.

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