When the U.S. Congress passed the CARES Act there was an unspoken assumption the coronavirus pandemic would be of short duration and gone by now.
Based on this, the Republican president and Republican Iowa governor pushed to “reopen the economy.” As they did we discovered Iowa and the nation were still on the upward slope of a curve of COVID-19 cases. As of Sunday, the Cedar Rapids Gazette reported the seven-day average number of COVID-19 cases in Linn County was the highest since the governor declared the emergency on March 9.
Epidemiologist Dr. Anthony Fauci made the situation clear in an interview with the publication MarketWatch. “We are still in a pretty big first wave (of the pandemic),” he said.
Cedar Rapids-based manufacturer Gary Ficken got a CARES Act small business loan to keep his athletic apparel business afloat, according to the Washington Post. He used the money to hire staff back early in the pandemic only to lay them off again when there was no demand for his products.“It ended up being a bridge to nowhere,” Ficken said.
As some of the benefits of the CARES Act expire, the Republican caucus in the U.S. Senate doesn’t know what they want to do. “Half the Republicans are going to vote no to any phase four package,” Senator Lindsey Graham (R-SC) said on Sunday. “That’s just a fact.” Senate Democrats don’t have to negotiate with Republicans who are a firm no on any new relief bill, so we may as well stick to our guns.
Already the White House floated the idea of a short term extension of some parts of the original CARES Act. In the meanwhile, Treasury Secretary Steve Mnuchin, the main Republican negotiator, is discussing changing the $600 per week federal subsidy of unemployment benefits in the CARES Act to a new formula of 70 percent of earnings. Again, half the Republicans won’t vote for whatever bill he writes. Late Monday, House Speaker Nancy Pelosi described the Republican proposal as “pathetic,” saying “it isn’t serious.” Senate Minority Leader Chuck Schumer called it “totally inadequate.”
It is hard to say with certainty what the federal government should do in the form of relief for the economic downturn caused by the pandemic. The U.S. House passed a stimulus bill in May with which the Senate has done nothing. What needs to happen, and fast, is to stop denying we are in a pandemic. Denial is the coronavirus’ best friend.
If you are already past denial, here’s an informative podcast of In the Bubble with Andy Slavitt. Special guest epidemiologist Larry Brilliant, who helped eradicate smallpox and is hard at work on coronavirus, grades our performance on a scientific, sociological, and political basis. He doesn’t mince words about political leadership or the CDC. “There is a special place in hell for some of the people who are lying about how dangerous this disease is,” Brilliant said in the podcast.