You Decide: Can We Truly Have Both Health And Wealth?
Last updated 6/17/2020 at 4:31pm
In the five previous recessions I’ve lived through as a professional economist, the government did everything it could to encourage consumers to buy and businesses to sell. The more consumers bought and the more that businesses sold, the more employment and income would increase, and the more unemployment would drop. In other words, encouraging commerce was a way back to prosperity.
Today’s recession is different. For weeks consumers and workers have been told to stay home and avoid going to stores and work. Many businesses have been forced to close. Commerce has been purposefully limi...