Trump Proposes Fighting Coronavirus With Tax Cuts – tells Americans to take cruises to “certain locations” but not “other locations”
Here is what economists were saying about Coronavirus three days ago:
Leadership is key in a crisis. In order to avoid a recession, information should be clear, transparent, and accurate. Action should be proactive. My sense is the administration will slow track a fiscal response and try to embrace ineffective policies. For example, enacting corporate tax cuts would be bad policy - it would take many months to have an impact, and the cuts would target the wrong segment of the economy.Here is Trump yesterday, saying Coronavirus is "not our fault":