Vladimir Putin and Crown Prince Mohamad Bin Salman are in an all-out economic brawl, keeping a barrel of oil at an extremely low price point.
Section 2302 of the CARES Act is very costly and administratively burdensome, and it doesn’t achieve the objective of stabilizing our businesses so they can keep the workforce employed.
David McIntosh joins Christopher Bedford to discuss the consequences of an economic shutdown and Congressional bailouts amid the coronavirus quarantine.
What to do about the U.S. economy in the wake of the Wuhan virus? The answer requires a mix of both short-term suppression and then long-term mitigation.
It is time to think outside the box and seriously consider a somewhat unconventional approach to COVID-19: controlled voluntary infection.
While it remains a favorite policy prescription for politicians eager to appear as salvific heroes in times of need, it is untenable as a serious idea to stimulate anything except our national debt.
The stimulus approach fails to address the fundamental causes of the economic downturn, while it balloons the deficit to no good end.
Instead of bailouts, Congress should create new safety net programs that largely recover the cash relief from the same households and businesses that receive taxpayer support.
What will be the long-term impact of the Wuhan virus on the economy, higher education, homeschooling, jobs, Congress, and American politics as we know it?
The economy is already under pressure. No laws should prevent freelancers from using their labor as best they can to see themselves through this pandemic.
Like the New Deal, every additional billion dollars in stimulus and bailout spending will further delay the economic recovery we all want and need.
Federal spending cannot and will not stimulate the economy. That is one thing from the Recovery Act you can take to the bank.
“We’re not in business of conserving. We’re in the business of mounting a counter-revolution,” Azerrad said.
To suggest to your voters that their prosperity isn’t so great is a strange argument to make, and may not hold its weight in the general election.
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