Mort Zuckerman advocates for smart stimulus

This weekend on the McLaughlin Group, Mort Zuckerman who is a billionaire, advocated extending unemployment insurance, food stamps, federal aid to states, and infrastructure spending.

These are all things I highlighted 10 months in post about Moody’s analysis, check out the graphic at the bottom of this post.

Remember he is a billionaire, he is a publisher, he wants Americans to be able to buy his products, and I interpret his comments to mean that he wants to focus on supporting American workers more than Wall Street and executives.

He also talked about the risk is not too much stimulus, but not enough, which echoes what Paul Krugman and others have said on this subject.



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