Austan Goolsbee, the former economic advisor to President Obama, says “the number one rule of virus economics is that you have to stop the virus before you can do anything about economics.” Goolsbee says after controlling the virus you need to provide relief so that nobody starves or has to liquidate everything due to a temporary slowdown. He insists that regular stimulus will only be effective after taking these steps. The economic impact will be worse in the US than in China because America’s economy is more dependent on face-to-face services, according to Goolsbee.  Goolsbee says Trump is not doing well in terms of credibility in handling this crisis. In dealing with the Great Recession, he remembers Paul Volcker always saying credibility is the only

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