Governments should take bold new measures to save business in this crisis: here's one | Emmanuel Saez and Gabriel Zucman

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The state should step in as payer of last resort for businesses facing shutdown as coronavirus hits them hard, say economics professors Emmanuel Saez and Gabriel Zucman

Coronavirus threatens the world’s economic life, and current proposals from governments around the globe are failing to match the scale of the crisis. Today, the chancellor, Rishi Sunak, announced £330bn of loans and that some companies would not have to pay business rates for the next 12 months. While loans help businesses in the short term, they do not compensate for losses and only allow companies to smooth costs over a longer period.

 

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'Governments should do this, governments should do that...' Hey, professors! You're no businessmen, I presume, but don't you know that people who do run businesses usually favor lower taxes, and less government? PS Frederick is gay!

We developed a tool for GOVT use ready to deploy now! Pls cover this. It would allow GVT to track COVID19 in real time with test results instantly sent from any facility & connect every hospital & lab directly to Govt within 24 hours of deployment. Video:

For god's sake why are all these morons doing this

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