Spend Generously, Take Care of Workers: Coronavirus Stimulus Takes Lessons From TARP

The Wall Street Journal | Mar 26, 2020 at 6:19 PM
  • The 2008 bailouts helped end the financial crisis but created resentment among Americans who felt banks took most of the benefits. The current plan puts individuals and Main Street at the center, with pledges of large amounts of cash. Last time, “we were penny-wise and pound-foolish.”