CARES Act failure shows big government can’t solve big problems

Published May 1, 2020 7:53pm ET



When the coronavirus first ravaged the United States and brought the economy to a standstill, we all knew some form of government response was needed. Republicans and Democrats came together and, in typical bipartisan fashion, burdened future generations with trillions more in debt with a massive relief package that they promised would help turn things around.

It isn’t exactly working out great: The CARES Act has resulted in crony subsidies for giant corporations and a broken unemployment insurance system that is paying people more to stay home than to rejoin the workforce. But the dysfunction doesn’t stop there. New reporting reveals that not only is the government’s coronavirus relief effort flawed in its very structure, but that its implementation has failed abysmally.

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