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Credit.Pool photo by Stefani Reynolds
A dozen years ago, just before Barack Obama was sworn in as president amid the Great Recession, I wrote a disconsolate column titled “The Obama Gap.” At a time when many viewed the president-elect as a transformational figure, I lamented the caution of his economic policy. His proposed stimulus, I argued, would fall well short of what was needed.
Sadly, I was right. And as I also warned at the time, Obama didn’t get a second chance; the perceived failure of his economic policy, which mitigated the slump but didn’t decisively end it, closed off the possibility of further major action.
Stimulus checks: You have questions, we have answers
In this April 23, 2020, file photo, President Donald Trump s name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio. (AP Photo/Eric Gay, File)
Published February 05. 2021 6:17PM | Updated February 06. 2021 12:00AM
Heather Long and Jeff Stein, The Washington Post
President Biden promised to get more relief to Americans quickly to help people survive financially until the pandemic is under control. A key part of Biden s proposal is to send another round of cash payments directly to U.S. households.