We will survive the coronavirus panic as Americans adapt, as they always do. We’re less confident of the Washington panic, as our politicians rush to throw money around without much thought or economic logic as they almost always do. At least the Federal Reserve stepped in Tuesday to address an immediate economic problem. To take these one at a time, President Trump appeared to throw his support Tuesday for the Mitt Romney-Steven Mnuchin idea of giving every American a check for $1,000. This will help those who lose their...

Source: Wall Street Journal March 17, 2020 23:14 UTC