Trump likes the way the states have managed the COVID-19 outbreak, except when he doesn’t.
Category Archives: International and national
Massive government deficit, monetary expansion and credit allocation
This things won’t keep the economy afloat. But they will impede the natural course of a recovery, if the economy is ever reopened.
COVID-19 credit-grabbing and blame-shifting in Congress
Members of Congress, including those from Arizona, want to be perceived as doing something about the coronavirus pandemic, but calibrated so as to evade responsibility for outcomes.
Reopening the economy in stages won’t work
The economy will continue to struggle until our approach to managing the public health risk from COVID-19 fundamentally changes.
Return to normalcy would win in a landslide
Progressives are worried that Biden is running a return to normalcy campaign. He’s not, but perhaps he should.
A state and local government bailout is premature
The initial guesstimate about the effect of the coronavirus shutdown on the Arizona state budget suggests that prudently managed state and local governments can muddle through.
Throwing more money at a shutdown economy won’t accomplish much
The only way to help small business on a broad scale is to reopen the economy.
Don’t blame China for U.S. coronavirus response
Yes, China was duplicitous. But that didn’t materially affect what the U.S. did, or when.
Trump the big spender
During the coronavirus recession, the focus should be on replacement income for individuals. Leave other things, such as Trump’s $2 trillion infrastructure program, to another day.
Congress can’t buy a recovered economy
The $2 trillion economic rescue package will help some endure the induced recession as a coronavirus response. But it won’t materially affect its course or contours.