Gerald Cohen Drag Quotations

Part of the program may include relief for states ... so the drag may not be as large from the state side. You definitely will see some drag from the states, offsetting the stimulus from the federal side, but it won't be enough to totally offset the federal side.

If prices are rising in response to a pickup in global demand, that's a good sign for the economy. Though it does impart a drag on the economy, you don't feel it as much.