Joanna Shelton: Federal coronavirus response: Will we run out of ammunition?
(WorldNews Business)

The Feds have brought out the big guns to fight mounting economic damage from the coronavirus pandemic. President Donald Trump recently signed into law the nation´s largest-ever rescue package which, coupled with earlier measures, totals roughly $2.5 trillion. Meanwhile, the Federal Reserve cut interest rates to near zero and promised to pump trillions of dollars into the economy. These steps aim to cushion a downturn expected to be worse than the 2008 Great Recession. Politicians of all political stripes recognized the need for swift and massive federal aid to backstop an economy in freefall due to widespread closures of large and small businesses and the forced shutdown of the American...