There is a time for every purpose under heaven. There’s a time to save, a time to cut taxes, a time to play. Governors, mayors, and probably our president-elect believe it’s time to shut down or curtail businesses, and so it is not time for Congress to worry about the deficit or the debt. Instead, it is time to spend big, in order to save main streets and the businesses on them.
A new wave of coronavirus infections, hospitalizations, and deaths is hitting many parts of the United States right now. Hospitalizations have hit a record high. New cases are rising across the country, and not because of more testing — positivity rates are rising too. Covid deaths have been steadily climbing for a week now. It looks ugly and looks like it will get worse.