with Brent D. Griffiths House Democrats are poised to plow forward today with the biggest economic relief package in history, over the objections Republicans and moderates in their own ranks balking at the measure’s more than $3 trillion price tag . But with 36.5 million Americans joining the jobless rolls in just the past eight weeks, some macroeconomists sizing up a free-falling U.S. economy say if anything, the package actually could prove too small to stave off a severe and scarring collapse. Their assessment that Congress needs to go big and fast is colliding with growing deficit fatigue in Washington. “We know from past recessions if you wait and see, and it ends up being really bad, you will have lost a window of opportunity to make it less bad,” says Claudia Sahm, a former Federal Reserve economist and expert on recessions. In the wake of the financial crisis, […]