“Ten questions and answers on the Franco-German proposal” By Jürgen Matthes, courtesy of IW Koeln Germany and France have proposed a European Recovery Fund of €500 billion, based on large loans taken out by the EU to be transferred exclusively as grants to EU member states particularly affected by the COVID-19 crisis. The legal […]
Tag: bailout
Washington Beyond the Headlines: Just Say “NO” to State Bailouts!
By Andy Blom, TES Correspondent Amidst all of the Coronavirus confusion, hoopla and hysteria, a couple of big questions are emerging: When do we open? Who foots the bill? Serious, and some not so serious, thinkers are putting forth ideas, suggestions, warnings and bulls**t ideas. Will there ever be a normal? (Yes.) Was this […]
COVID Bailout for the Postal Service: A First-Class Mistake
By Oliver McPherson-Smith and Steve Pociask, American Consumer Institute As the Beltway grapples with reviving the American economy amidst Coronavirus, the U.S. Postal Service (USPS) is asking for $85 billion in government bailout money to weather this crisis. But the costs inflicted by the virus are just a drop in the bucket when […]