West Virginia’s economy is vulnerable to a heavy hit from COVID-19West Virginia University
By: Mark Blackwell Thomas | Published: April 3, 2020 | 9:41 am | SHARE: As coronavirus continues to upend day-to-day life, the upcoming 2020 elections will also be affected. In Ohio, where the governor canceled that state’s primaries, we see one vivid example of how the global pandemic has already impacted elections here in America.
Jeffrey Bergstrand, professor of finance, said the just-passed Phase Three package should be sufficient to stabilize the economy and emphasized the need for Phase Four, which he said “will bring some stimulus to aggregate demand if there is a government infrastructure program put in place.”
When it comes to mitigating the effects of COVID-19 in America, President Trump has made his opinion clear: states need to do more. The problem? Many governors have said they either don’t completely agree with that approach or outright think the opposite. What’s the right approach? Probably somewhere in between, according to Virginia Tech political scientist Karen Hult.