Coronavirus could be 'potentially more serious' than the 2008 crash, a top Obama economist says.
NBC News: You have proposed a one-time payment of $1,000 to every adult and $500 to every child in the country. Why do you think that’s the best approach?
NBC News: The president hasn’t put out details, but he’s said his preferred approach is a payroll tax cut. What do you make of that idea? Furman: In a normal recession, state revenues go down a lot and that can lead them to cut back. That is going to happen. In addition, state spending is going to go up a lot to take all the public health measures and treatment measures we’re going to need to do right now.
Furman: You can obviate that concern, and I strongly think you should, by passing something today and including with it triggers that continue based on economic circumstances. So, you can write people checks this year and if the unemployment rate is above 5.5 percent, they get the checks next year, or raise the Medicaid match rate, then make a formula that links it to the unemployment rate by state.
Furman: The White House response has been pathetic, inconsistent, at times too small, and sometimes flailing in different directions. I've been really disappointed. As recently as Friday of last week, their top economic advisers were talking about how very little needed to be done, just little targeted measures. They keep floating a payroll tax cut, but they haven’t proposed it.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Top Obama economist: Coronavirus 'potentially more serious' than 2008 crashJason Furman is calling for sending $1,000 checks to every American adult to soften the economic blow.
続きを読む »
Trump condemns CDC for lack of coronavirus testing, blames ObamaThe president called the past administration's response to the swine flu, H1N1, pandemic a 'full-scale disaster.'
続きを読む »
U.S. Cases of Coronavirus Top 1,200: Here's a Map of the SpreadCoronavirus originated in Wuhan, China, in late December and has quickly escalated worldwide. Here's where it has spread throughout the United States.
続きを読む »
Trump's top science adviser seeks help from public health experts on coronavirus responsePresident Trump’s top science adviser asked a group of national security and public health experts on Wednesday to stand at the ready to respond to urgent inquiries from the government and to contribute to the “scientific bulwark” that will protect Americans from the dangers of the coronavirus.
続きを読む »
Top Italian Soccer Player Daniele Rugani Tests Positive for CoronavirusDaniele Rugani is the first player in the country's top soccer division to test positive
続きを読む »