Businesses can borrow up to 2.5 times their average monthly payroll expenses for the year 2019 or $10 million.
It is vitally important, literally life and death, that the proper costs and benefits are weighed with the decision on how much and how long to shut down economic activity through the pandemic.
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.
While America’s first priority in the wake of the Wuhan coronavirus must be neutralizing immediate threats to health and safety, the disruption also provides an opportunity to engage in national reflection.
Nearly 350,000 U.S. weddings and more than 600,000 international weddings were set to take place in April and May alone. Not any more. What are couples to do?
South Dakota Gov. Kristi Noem urged South Dakotans to act responsibly by staying home rather than imposing a government mandated self-quarantine.
If cash transfers to failing businesses are now a given any time the economy is in crisis, then where is the bailout for small businesses?
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.
How a handful of Democratic activists created alarming, but bogus data sets to scare local and state officials into making rash, economy-killing mandates.
Keeping the economy humming along like normal was never an option. Even without government intervention, much of our society would eventually shut down on its own.
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.
“Crushing the economy, jobs and morale is also a health issue-and beyond. Within a very few weeks let those with a lower risk to the disease return to work.”
Just beyond — and in the midst of — the public health and financial liquidity crises is the expansive and potentially devastating solvency crisis.
Federal and state governments are making a massive gamble about a little-understood new virus. They are betting our future on the most extreme worst-case scenario without considering the costs.
More Americans see the pandemic over the Wuhan virus as a peril on the economy rather than a threat to personal health, according to a Pew poll.
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