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Coronavirus Economy Trends: Government

In this Coronavirus lockdown, we see trends that are establishing the next cycle of startup innovation.

We’ll see the government shift to building out the infrastructure and response programs for healthcare and public safety initiatives and establish flexible manufacturing and secure supply-chain to build equipment on demand, like ventilators and masks.

The government will declare specific industries as strategically important, and look to establish safety nets through direct and indirect means.

There will be a move to provide support for gig workers and other small business workers with a basic income during times of pandemic.

Medicare will update HIPAA laws to allow for the use of commonly used communication tools such as Skype and will allow for Medicare billing for telemedicine.

In education, the government will look to allow homeschooling and online learning for K-12 kids.

Taxes will most likely rise to cover the costs of these changes.

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