PRI Policy Alert
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Flattening the Curve is Still the Right Answer
Human Events | Henry I. Miller, M.S., M.D.
July 14, 2020
The COVID-19 trends in the United States are moving in the wrong direction. More than 4,200 deaths occurred during the week of July 5th, and the highest number of new infections in a single day—more than 66,000 ([link removed]) —was reported on July 10th.
As the numbers of cases, hospitalizations, and deaths surge to record levels in multiple epicenters, local and state officials are struggling with whether and how much to reverse the rollback ([link removed]) of restrictions on individuals and businesses.
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This Week on PRI's "Next Round" Podcast
Damon Dunn - Punting Poverty
July 13, 2020
Damon Dunn, PRI fellow in business and economics, discusses his new book Punting Poverty: Breaking the Chains of Welfare. The former collegiate and pro football player turned entrepreneur pushes back against the universal basic income movement, calling it “fool’s gold that does not even attempt to offer economic empowerment.”
Listen here. . . ([link removed])
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Will COVID-19 Launch an Epidemic of Cancer?
Lewiston Sun-Journal | Sally C. Pipes
July 13, 2020
. . . As more states see viral outbreaks, many governors will be tempted to follow Gov. Abbott’s example. But COVID-19 is not the only threat to public health. Millions of Americans have put off “elective” medical care in order to comply with state orders that they stay home.
R ([link removed]) ead more . . . ([link removed])
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A Better Alternative to More Coronavirus Stimulus and Loan Programs
Reason | Wayne Winegarden and Rod Richardson
July 14, 2020
To fully realize the health care revolution that can come through entrepreneurship, it’s critical that government officials make these temporary regulatory reforms permanent. Elected officials must also go a step further and remove other government barriers to health care entrepreneurship like the broken health care payment system that puts insurers and government payers in charge of health care decision-making, not patients.
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Ending the "Era of Shareholder Capitalism"
Right By the Bay Blog | Rowena Itchon
July 15, 2020
Last week, presumptive Democratic nominee Joe Biden unveiled his economic platform ([link removed]) in Pennsylvania, calling for an end to the “era of shareholder capitalism.” It seems that Jack Lew, former treasury secretary and a member of the Biden brain trust, neglected to tell him that more than half of U.S. families are invested in the stock market. An end to shareholder capitalism means an end to a secure retirement, home ownership, college savings and middle-class aspirations.
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Would Sacramento Raise Taxes When Economic Growth is Needed Most?
The Center Square | Kerry Jackson
July 14, 2020
The pandemic lockdown not only was a lethal financial contagion for many Californians, it deprived the state government of so much revenue that Sacramento now has a $54 billion budget deficit.
How will lawmakers bridge the gap? By coincidence, they were already thinking about nearly $66 billion in new taxes and fees. Thanks to the coronavirus recession, they can now more easily justify the additional financial burden.
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