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 As coronavirus recession threatens, economists recommend cash for people

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As coronavirus recession threatens, economists recommend cash for people Vide
PostSubject: As coronavirus recession threatens, economists recommend cash for people   As coronavirus recession threatens, economists recommend cash for people Icon_minitimeSat Mar 14, 2020 8:43 pm
The White House is preparing to meet with Wall Street executives to discuss measures to protect the economy from the coronavirus outbreak. But Wall Street is low on the list of responses economists say the government should be considering.

High on that list: Giving money directly to people — fast.

"Cash giveaways," suggested Paul Ashworth, chief U.S. economist at independent research firm Capital Economics as a way to boost consumer spending and spark growth.

https://www.cbsnews.com/news/as-coronavirus-market-recession-threatens-economists-say-just-send-money/
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