Dr. Zeng uses the example of a federal stimulus, saying 'loan forgiveness' isn't a direct payment to Americans. On a granular level, the monthly savings from any reduction, won't be a major economic boost.
Imagine the thrill of driving a car that will turn heads at a stop light. But, the owner worries that police will also take notice because he’s been unable to get license plates. One online dealer has allegedly left many car buyers in the same boat.