Giáo sư Greg Mankiw nghĩ gì về đại dịch Covid-19?

nghĩ rằng:
- nên cho mỗi người dân 1.000 usd, (vì ko phải ai cũng có tiền tiết kiệm, 6 tháng chi tiêu - như lời khuyên của các tư vấn 'thông minh tài chính'), và giảm thuế chẳng có ý nghĩa, vì có đi làm, có thu nhập/doanh thu đâu mà giảm thuế,
- tổng thống trump nên... 'câm miệng lại', để những người có chuyên môn làm việc :D
-----
A recession (suy thoái) is likely and perhaps optimal (not in the sense of desirable but in the sense of the best we can do under the circumstances).

Mitigating the health crisis (giảm thiểu tác động khủng hoảng y tế) is the first priority (ưu tiên hàng đầu). Give Dr. Fauci anything he asks for.

Fiscal policymakers (lập chính sách tài khóa) should focus not on aggregate demand (tổng cầu) but on social insurance (bảo hiểm xã hội). Financial planners tell people to have six months of living expenses in an emergency fund (quỹ phòng hộ khẩn cấp). Sadly, many people do not. Considering the difficulty of identifying the truly needy and the problems inherent in trying to do so, sending every American a $1000 check asap would be a good start. A payroll tax cut makes little sense in this circumstance, because it does nothing for those who can't work.

There are times to worry about the growing government debt (nợ công của chính phủ gia tăng). This is not one of them.

Externalities abound. Helping people over their current economic difficulties may keep more people at home, reducing the spread of the virus. In other words, there are efficiency as well as equity arguments for social insurance.

Monetary policy should focus on maintaining liquidity. The Fed's role in setting interest rates is less important than its role as the lender of last resort (người cho vay cuối cùng). If the Fed thinks that its hands are excessively tied in this regard by Dodd-Frank rules, Congress should untie them quickly.

President Trump should shut-the-hell-up. He should defer to those who know what they are talking about. Sadly, this is unlikely to occur.

Tags: economics

2 Comments

Tin liên quan

    Tài chính

    Trung Quốc