Sunday , November 24 2024

Charity

Summary:
So far charity is doing the heavy lifting... there has yet been ZERO fiscal response...Food Banks:Miles-long row of cars waits near Florida food bank as demand surges https://t.co/2yxlpN78cI via @MailOnline— Patrice Boivin (@PatriceBoivin) April 7, 2020 Apple Computer donating all the face shields:Tech giant Apple will reportedly produce 1 million face shields per week for medical workers, according to CEO Tim Cook. https://t.co/jmOVw8cYgA— Breitbart News (@BreitbartNews) April 7, 2020 Facebook donating the masks, Oracle providing free web data services, Salesforce providing analytics...Who needs the government? This is textbook Laffer libertarianism 101 in action: Art Laffer reacts to 6.6 million unemployment claims: Stimulus will "make the economy worse, not better"

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Mike Norman considers the following as important:

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So far charity is doing the heavy lifting... there has yet been ZERO fiscal response...

Food Banks:

Apple Computer donating all the face shields:


Facebook donating the masks, Oracle providing free web data services, Salesforce providing analytics...

Who needs the government? This is textbook Laffer libertarianism 101 in action:


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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