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