Question
We are currently experiencing unemployment claims at unprecedented levels, with many states potentially facing a shortfall in funds to pay claims in the near future.
We are currently experiencing unemployment claims at unprecedented levels, with many states potentially facing a shortfall in funds to pay claims in the near future. In addition to expansion of the eligibility for unemployment, the Federal government also enacted the payroll protection program which was intended to provide funds for employers to continue to meet their payroll obligations. The program is already coming under criticism. If Congress enacts another relief package, how would you recommend these funds be distributed. Please support your position using the fundamentals of R. Musgrave.
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