A curated list of available financial relief measures and government programs around the world for small businesses impacted by the COVID-19 pandemic.
COVID-19 was going to be bad, no matter what. But the failures of big government made it much, much worse. …In particular, the Centers for Disease Control, Food and Drug Administration, and public teachers’ unions are the great American villains of 2020. Meanwhile, the heroes of this ...
Increasing consumption is not only a post-COVID recovery goal, but also a long-term strategy for economic growth. As the economy continues to mature, the government is hopeful that consumption on domestic goods and services can prop up the economy as other areas, such as low-cost manuf...
Last year, in response to the economic harm suffered in Texas and across the country due to the COVID-19 Pandemic, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”), authorizing over Two Trillion Dollars ($2,000,000,000,000.00) in relief with $37...
Given the broad global impact of the COVID-19 crisis, few populations, businesses, sectors, or regions have been able to avoid the knock-on economic effects. That means government measures have had to support large parts of the economy in a very short time to maintain ...
Just Facts counts federal spending for the Covid-19 Paycheck Protection Program and other pandemic programs as “social spending” in accord with definitions of the term by government agencies and academic publications. The U.S. Bureau of Economic Analysis includes such spending under “general econo...
Plus, global turmoil and the Covid-19 pandemic have reminded companies about the importance of keeping production close to home and accessible. “When you’ve got all those variables combined — the federal money, the mitigation of risk, and reshoring, moving production capacity away from abroa...
The various government loan programs during COVID-19 were fraught with fraud, and very few are being held accountable. However, the biggest frauds were those elected officials who took taxpayer funds and spent them on programs, knowing there would be a large amount of fraud, waste, and abuse...
With the advent of generative AI capabilities in Azure OpenAI Service, businesses can now unlock new value from their data not only to drive better customer outcomes but also to improve their protection against various kinds of financial crime—including fraud, electronic crime, and money laundering...
The biggest government bailout in history was the response to the COVID-19 pandemic. According to official U.S. government tallies as of July 31, 2024, the U.S. had spent a total of $4.65 trillion on a variety of programs related to COVID-19 relief.38 What Was the First Big Govern...