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Opinion: do we really need a panic induced government stimulus package?
[thelibertarianrepublic.com]

In response to the chaotic outcry of Americans over the Coronavirus, President Trump has made moves to inject additional funds into the economy. Veering away from the term “stimulus,” the proposal resembles that of the auto and bank bailouts. But do these bailouts help or do they hurt? Is this what we need to counteract the panic over the coronavirus?

Economic stimulus is the idea that the government must intervene in order to keep the economy from taking a deeper downturn. Stimulus packages are a combination of incentives, tax rebates, quantitative easing, fiscal policy, monetary policy and more. The end goal is to soften the hit and therefore ease the overall pain of a recession or depression. Stimulus packages target the areas of the economy that need financial support and allocate cash and resources to keep these industries afloat. The reasoning is that a loss of these industries will cause more damage than doing nothing would.

For my fellow Americans on here, your opinion on the matter?

SpikeTalon 10 Mar 19
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I'm going to assume the Administration has more information than I do. Additionally, he has a top economic team to draw from. Based on that, I don't know.

At this point I'm not certain myself if it was a good idea, guess time will tell for sure soon enough.

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