Wayne Winegarden Quoted in Newsweek on Congressional Stimulus Debate
Here’s Why Democrats Have An Edge Over Republicans in Stimulus Negotiations
By: Jenni Fink, Newsweek
The White House and Democratic Party leadership both cast blame for the stalemate over a stimulus package on the opposing side, but, in the battle for another round of relief, experts see Republicans as having more to lose.
While the chasm between the two sides remains significant after weeks of discussions, there are areas of common ground, including an agreement on issuing another round of stimulus checks. As a compromise, The White House suggested moving forward with a bill encompassing areas in which both sides agree and tackling more contentious issues later, but Democrats stood by the need for aggressive relief and rejected a piecemeal approach. . .
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Wayne Winegarden, a senior fellow at the Pacific Research Institute, agreed that a “tightly focused” response should center on targeting families and businesses bearing the brunt of the pandemic to “help them weather the storm,” and policies that incentivize private sector growth once shutdowns are over.
“I think a better phrasing of the issue is not the size of the response, but the effectiveness of the policies implemented as a response to the unique challenges facing the economy today. More spending is not necessarily better spending,” Winegarden said. . .