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Economic Report: ‘A massive welfare economy’ – huge federal aid prevents an even steeper GDP collapse

30 Jul 2020

The U.S. economy’s record contraction in the second quarter would have been a lot worse if Washington hadn’t stepped up with trillions of dollars of emergency spending.


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This content was originally published by MarketWatch.com - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By MarketWatch.com - Top Stories

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