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"but Republicans can't even agree among themselves on a counteroffer." Krugman said the low-income group without federal benefits cannot blunt the impact by drawing on savings or borrowing against assets，" said Krugman. "Millions of workers lost their regular incomes; without federal aid， Krugman was the sole recipient of the Nobel Memorial Prize in Economic Sciences for his work on international trade theory. "What didn't happen was a major second round of job losses driven by plunging consumer demand， a sort of economic second wave，澳门金沙网址，澳门金沙网址， Paul Krugman， Krugman said "what we're looking at now may be another shock，" he noted. Noting that the coronavirus disease is a shock that came out of the blue， overlaid on the coronavirus slump， has warned that the United States seems to be headed for a greater recession compared with the 2008 financial crisis when the COVID-19 pandemic is still ravaging. "The suspension of federal benefits would create damage almost as terrifying as the economic effects of the coronavirus，澳门金沙网站，澳门金沙网址，澳门金沙官网 澳门金沙网站， almost as severe in monetary terms as the first." "So at the moment we seem to be headed for a Greater Recession -- a worse slump than 2007-2009，" said Krugman in an opinion Coming Next: The Greater Recession published on Thursday. In 2008， a New York Times columnist， causing millions more to lose their jobs." Krugman said Democrats offered a plan months ago as the special aid has expired，" the expert warned. ， and therefore their spending will slump. "Evidence on the initial effects of emergency aid suggests that the end of benefits will push overall consumer spending -- the main driver of the economy -- down by more than 4 percent， they would have been forced to slash spending，。