From American Enterprise Institute <[email protected]>
Subject AEI This Week: After the CARES Act, hospitals and businesses need sustained support
Date April 11, 2020 11:13 AM
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The $2 trillion CARES Act recently signed by President Donald Trump is a big step toward stability, but more action is required, writes R. Glenn Hubbard. New fiscal intervention should proceed with two emphases: increase health care funding to states and continue assistance for small and medium-sized businesses hit hardest by the shutdown.
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The government doesn’t love you, because it can’t love you — and neither can the market. But at least the market doesn’t pretend that it can, explains Jonah Goldberg.
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Robert Cherry writes that we all want to live in a just society where every child can grow up in a safe place with a fair shot at success. But thinking small now may be the best way to achieve these big goals.
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The best near-term hope to fight coronavirus is an effective therapeutic drug. That would be transformative, and it’s plausible as soon as this summer. But the process will have to move faster, explains Scott Gottlieb.
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By coordinating the research effort and accelerating the approval process surrounding new treatments for COVID-19, the federal government can change the fundamental character of the global response to the virus, writes Yuval Levin.
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Congress’ economic recovery package includes $500 billion to provide loans to large US corporations. These loans should avoid adding to financial distress, be temporary, be respectful of private control, and grant a reasonable return to taxpayers, write R. Glenn Hubbard and Michael Strain.
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Nat Malkus, Cody Christensen, and Lexi West present results from the first wave of AEI’s COVID-19 Education Response Longitudinal Survey, which documents how a nationally representative sample of public schools is responding to the ongoing epidemic.

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