Washington's trillion dollar coronavirus fix may be too little, too late
WASHINGTON — One trillion dollars sounds like a lot of money.
It might be too little, too late to save the economy from coronavirus.
"I fear we are in for a once-in-a-lifetime shock to our economy that will make 2008 look small," Gary Gensler, a former chairman of the Commodity Futures Trading Commission, said in a telephone interview with NBC News.
Gensler was one of more than half a dozen current and former government officials, Democratic and Republican, who told NBC that the White House and Congress should be looking at injecting a sum much larger than — even twice the size of — the $1 trillion stimulus package proposed by President Donald Trump.
https://www.msn.com/en-us/news/politics/washingtons-trillion-dollar-coronavirus-fix-may-be-too-little-too-late/ar-BB11qXu7?li=BBnbcA1&ocid=hplocalnews
Let me repeat ad nuaseum. If we don't expend testing and other preventative measures any stimulus package is just pissing in the wind.
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