Mar 21, 2020

Barron's advocates war economy to fight the coronavirus

As Covid-19 rages across the globe, people are dying and economies are grinding to a halt.  Washington must act in unity and take Covid-19 as seriously as an attack on the nation itself.  Huge resources must be directed to the health-care system so that it is not overwhelmed.  Empty buildings must be converted into hospitals, and idle factories need to ramp up production of ventilators and other crucial medical equipment.  The global financial system must be shored up or risk collapse.  Governments must ensure that businesses large and small can survive a shutdown until the battle is won.  Our lives depend on it.  Investors are watching closely, but ultimately history will judge our actions.

~ Barron's cover, March 21, 2020

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