On DATE, D.C. Policy Center Executive Director Yesim Sayin was quoted by Law360:
“Washington, D.C., has always been a recession-proof place before the pandemic because we have the federal government here that is countercyclical … It operates in an expanded capacity during bad times,” said Yesim Sayin, executive director of the D.C. Policy Center. “I don’t believe the federal government will be the same type of floating device in the future we had before. Federal spending may still expand, but federal spending accrues everywhere.”
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