Strome Business Minute With Dr. Jeff Tanner

As experts tear apart the two point two trillion dollar stimulus bill, or as some say, the survival bill, they are finding some unintended consequences, such as unemployment payments far higher than the wages that were earned for some workers. These are expected in any legislation this massive and written, argued, and voted on in about five days. There are some points to the survival bill that regular listeners know I support, such as if you want to receive federal aid, you can’t at the same time use your company’s cash to buy its stock back to bolster its price or pay big bonuses to executives. We need more execs like Marriott’s Arne Sorenson take a fifty percent pay cut through these times. To learn more, visit odu.edu/business. This has been a Strome Business Minute, presented by the Strome College of Business at Old Dominion University.