Make no mistake, they want more free money to GOVERNMENT, not more for you to earn!-----Commentary: Deficit and Debt Shouldn’t Factor Into Coronavirus Recession Response

Commentary: Deficit and Debt Shouldn’t Factor Into Coronavirus Recession Response

"... “THE RISKS OF DOING TOO LITTLE TO SUPPORT FAMILIES AND THE ECONOMY FAR OUTWEIGH THE RISKS OF DOING TOO MUCH.”

With so much economic activity now at risk, a recession looms, and this one could rival or even exceed the Great Recession of 2008-2009.

...Today, spending is falling off the table, even among those who have not lost their jobs, as people are asked to stay at home, events are canceled, and establishments close. 

...Meanwhile, many states and localities will face budget shortfalls as shrinking economic activity erodes their tax revenues and prompts them to consider budget cuts. 

...Given the magnitude of the crisis, now is not the time for policymakers to worry about raising deficits and debt as they consider what steps to take...Read all.