Tag Archives: coronavirus outbreak

Solving the CoronaVirus: The Federal Reserve vs. Congressional Action

Patreon: https://www.patreon.com/thatsall

The Federal Reserve just cut the key interest rate by half a percentage point in response to coronavirus concerns. It was not very effective at stimulating the economy. The next day, the house of representatives passed an eight point three billion dollar spending plan that lead to a massive market uptick. Here is what’s happening and the differing effectiveness of those plans.

Race to Contain the Coronavirus: How Health Departments Are Preventing a Pandemic

The head of the National Health Commission of the People’s Republic of China, Ma Xiaowei, and America’s Department of Health and Human Services, Alex Azar, are fighting the spread of the Coronavirus. China has quarantined fifty million people in the cities of Wuhan and surrounding areas as well as utilizing their enhanced surveillance to track people who come down with the virus. America is bracing for a larger spread and cutting off travel from people who recently visited China.