Recession Relief

Question A: State payments to firms to keep employees on payroll is an effective way to speed the state's recovery from recession.

Question A: State payments to firms to keep employees on payroll is an effective way to speed the state's recovery from recession.

Economist Institution Opinion Confidence Comment
Jonathan Andreas Bluffton University Uncertain 7 Given the state's balanced budget requirement, it wouldn't do much if the money doesn't come from a federal sources. A federal stimulus works better because the money can be borrowed cheaply (often from the Fed).
Greg Arburn University of Findlay Agree 10 Depending on federal fiscal poicy.
Bizuayehu Bedane Marietta College Agree 9
Kevin Egan University of Toledo Agree 9 Businesses need to know now both that there will be aid and that they need to keep paying their workers close to normal pay in order to get it.
Kenneth Fah Ohio Dominican University Agree 9
Hasan Faruq Xavier University Agree 9
Bob Gitter Ohio Wesleyan University Agree 7 Although it is helpful to keep spending up, there are firms that really would not be laying off workers, e.g. utilities, grocery stores, delivery services and others. The program should be targeted and not available to all firms.
Nancy Haskell University of Dayton Agree 9
Paul Holmes Ashland University Uncertain 8
Faria Huq Lake Erie College Disagree 8
Michael Jones University of Cincinnati Uncertain 7 Germany operates its unemployment system, Kurzarbeit, this way. If the pandemic quickly recedes, this is a good solution. But if there are more permanent disruptions, then labor needs to separate and reallocate to speed recover from the recession.
Fadhel Kaboub Denison University Strongly Agree 10 Ideally, the federal government ought to provide a transition job guarantee or cover the payroll when no alternative employment options are available. States can administer these programs with federal funding.
Trevon Logan Ohio State University Agree 8
Joe Nowakowski Muskingum University Agree 9 It will be effective, but only as part of a comprehensive plan that involves making workplaces safe.
Mingming Pan Wright State University Strongly Disagree 10
Curtis Reynolds Kent State University Agree 6
Lewis Sage Baldwin Wallace University Agree 10 Policy a) constitutes fiscal stimulus, reducing the depth of the recession; b) preserves the employment relation, speeding expansion post-recession.
Dean Snyder Antioch College Disagree 7
Albert Sumell Youngstown State University Strongly Agree 9 I would prefer the question read "Government payments to firms..." It's not the specific source that determines the effectivess of the payments
Melissa Thomasson Miami University Agree 9
Thomas Traynor Wright State University Agree 7 The strength of my agreement with the statement depends on what, if any, state spending is given up elsewhere.
Ejindu Ume Miami University Disagree 8
Mark Votruba Case Western Reserve University Agree 7
Andy Welki John Carroll University Agree 4 It is one possible way to put some support on the household consumption expenditures
Kathryn Wilson Kent State University Agree 5
Rachel Wilson Wittenberg University Agree 6