Thursday, May 21, 2020

Businesses Can Breathe if Liability is Limited

From the WSJ op-ed: Republicans’ approach is appealing in theory, but in practice it can’t be implemented without detailed regulatory standards—which in the case of Covid-19 won’t be written for some time. Rather than permanently change liability standards based on incomplete information about the virus, it would be wiser to enact an immediate but temporary immunity. That would permit the economy to begin reopening while allowing time for federal regulators to promulgate standards on which long-term immunity could be conditioned (WSJ).  

From Hugh Hewitt: Perhaps the most important op-ed on limiting the economic ruin of the pandemic era (Twitter).

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