A brief look at the best and worst ideas for resuscitating the economy—and at what happens when your hospital runs out of ventilators.mpty airports and restaurants, disrupted supply chains and closed schools will have devastating effects on the economy. Is there a way to counteract the damage? Here are nine stimulus schemes: two in place, six being debated by politicians and one that is not widely discussed but probably should be.
Shoe retailers, for example, now say they are especially deserving of a break. Senators from North Dakota and Oklahoma say that the shale oil industry needs help. House Democrats are likely to take up sick leave and unemployment insurance today. The Republican-controlled Senate might have different ideas.Children who rely on subsidized lunches are in trouble when their schools close. That problem could be addressed via changes to existing nutrition programs, now under debate in the House.
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Cut Payroll Taxes? No, Trump Should Stimulate Ventilator CompaniesHospitals, already under financial pressure, are disinclined to buy ventilators whose cost they might never recover Yeah, much easier to just warehouse the patients in hospital hallways and let them die, like in Italy, where the mortality rate has now risen to 6.7% (1016 fatalities divided by 15113 confirmed cases) I thought a lot of equipment is rented? This is where the government needs to step in and shoulder the burden. We pay millions in taxes and in a time of crisis we should expect to see a return
Source: Forbes - 🏆 394. / 53 Read more »
Cut Payroll Taxes? No, Trump Should Stimulate Ventilator CompaniesHere's a brief look at the best and worst ideas for resuscitating the economy—and at what happens when your hospital runs out of ventilators: Always good advice and articles from Forbes Hospitals, already under financial pressure, are disinclined to buy ventilators whose cost they might never recover. They would need a subsidy to add to their stockpile. They would need a subsidy to undertake emergency training of additional ventilator nurses
Source: Forbes - 🏆 394. / 53 Read more »
Bank of England's emergency rate cut could have 'limited impact' - Business Insider'The coronavirus has initially hit supply chains and interest-rate cuts will not change that,' one analyst said.
Source: BusinessInsider - 🏆 729. / 51 Read more »