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This is where the government should step in with stimulus and direct aid.
by eveningcoffee 7y ago
This is where the government should step in with stimulus and direct aid.
- usrusr 7y agoAbsolutely. Many economical government interventions have terrible unintended consequences due to creating bad incentives, but one time fixes for emergencies completely outside of the domain of the businesses in question do not have that drawback. Nobody would structure their business for maximum pandemic bailout. PS (edit): oh, and it also wouldn't really keep businesses from preparing for a pandemic, because of pandemics strike one once in several decades this will be long enough for market forces to have preparing companies displaced by those who don't. The market favors the optimist who bets on no pandemic happening in their lifetimes.