Joseph Stiglitz Featured in the Bloomberg Quint

Cash for Inflation-Hit Americans Backed by Economic Odd Couple
. . . Nobel Prize laureate Joseph Stiglitz and former Federal Reserve Governor Lawrence Lindsey both argue that such a move would be good for the economy, though they differ on the details of how such a plan should be structured. Stiglitz, who headed the Council of Economic Advisers under Democratic President Bill Clinton, backs a one-time tax rebate for lower- and middle-income workers, financed by levies on the wealthy and corporations. Lindsey, who served in the White House under Republican President George W. Bush, wants the government to mail checks to Americans like it did during the pandemic . . .