There's a very interesting article in the New York Times discussing the effectiveness of their Federal Covid supports.
What stands out to me is that "economist Michael Dalton found that every $1 in wages that would have been lost without the Paycheck Protection Program cost $4.13 in relief money."
I wonder what a proper analysis here would look like but I suspect that we did a considerably better job.
What stands out to me is that "economist Michael Dalton found that every $1 in wages that would have been lost without the Paycheck Protection Program cost $4.13 in relief money."
I wonder what a proper analysis here would look like but I suspect that we did a considerably better job.