The Legacy Fund Should Be Part of North Dakota’s Recovery From Coronavirus

Aaron Hill, co-owner of Fargo Brewing Co., listens to North Dakota Gov. Doug Burgum on Thursday, March 19, as he announces the statewide closure of bars and restaurants due to the coronavirus. David Samson / The Forum

MINOT, N.D. — Our nation is under quarantine, and the economy is suffering because of it.

That’s why, at the federal level. Congress is rushing to spend something like $1 trillion on a stimulus package.

What are we going to do here at the state level?

A lot of you readers have been contacting me about using the dollars in the Legacy Fund as part of the response.

I’ll admit to being resistant to this thinking at first. A time of panic is not the time to empty the piggy bank.

There is a way, though, we could use the Legacy Fund to bring some relief to people without actually spending it.

What if we made loans with Legacy Fund dollars?

Loans to North Dakotans with amicable terms?

Continue reading…

Rob Port is the editor of SayAnythingBlog.com, a columnist for the Forum News Service, and host of the Plain Talk Podcast which you can subscribe to by clicking here.

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