Pioneer Checklist Includes Steps for Policy Makers, Business Owners to Revitalize Hardest-Hit Industries

Share on Facebook
Share on Twitter
Share on
LinkedIn
+

BOSTON – Combining the recommendations of studies published earlier this year, Pioneer Institute has released “A Checklist for How to Revitalize the Industries Hit Hardest by COVID-19.”

“Together with public health, safely restoring economic activity and employment are of paramount urgency to the people of Massachusetts,” said Pioneer Executive Director Jim Stergios.  “This checklist includes steps policy makers and business owners can take toward achieving that goal as quickly as possible.”

The recommendations for policy makers are organized in three sections: Immediate Relief, Tax Policy Changes and Permanent Reforms.  Business owner recommendations are split into COVID-19 Health and Safety Protocols, Expanded Services and Steps to Improve Cash Flow.

Policy Makers

Among the ways policy makers can provide immediate relief is for state government to redirect funding from some federal grant programs to address immediate COVID-related needs.  Local policy makers could allow food delivery, curb-side pick-up and drive-through arrangements by-right, and give local officials the authority to alter street design to facilitate these uses.

Tax changes include expanding and extending federal tax deductions and credits on capital and inventory purchases, as well as COVID-related spending; and enacting reforms that permanently redirect certain revenue streams to state stabilization funds.

National investment in upgrading broadband networks, particularly in rural America, and reducing certain state licensing requirements for blue-collar occupations are among the permanent reforms recommended.

Business Owners

Recommended COVID-19 health and safety protocols include investing in touchless payment options, personal protective equipment for staff, online tools, self-checkout and other reforms that address customers’ COVID concerns.  Business owners should also post transparent summaries of implemented safety procedures at customer-facing points, including online.

Flexible deposits and cancellations for bookings/appointments as practicable, and partnering with similar businesses on gift card programs and promotional offers are among the steps business owners can consider to improve cash flow.

The recommendations are drawn from “Public Policy Guide for Economic Recovery from COVID-19 in the Retail and Hospitality Sectors” by Rebekah Paxton, Andrew Mikula and Greg Sullivan, which was published in July, and “The Long View: A Public Policy Roadmap for Saving Small Businesses During the COVID-19 Recovery Period” by Paxton and Mikula, which was published in September.

About Pioneer

Mission
Pioneer Institute develops and communicates dynamic ideas that advance prosperity and a vibrant civic life in Massachusetts and beyond.

Vision
Success for Pioneer is when the citizens of our state and nation prosper and our society thrives because we enjoy world-class options in education, healthcare, transportation and economic opportunity, and when our government is limited, accountable and transparent.

Values
Pioneer believes that America is at its best when our citizenry is well-educated, committed to liberty, personal responsibility, and free enterprise, and both willing and able to test their beliefs based on facts and the free exchange of ideas.

Get Our COVID-19 News, Tips & Resources!

Related Posts:

New Study Offers Guide to Recovery in MA Retail, Accommodation and Tourism, and Restaurant Sectors

A new guide to economic recovery in the retail and hospitality industries published by Pioneer Institute calls for the federal and state governments to consider consumption-based refundable tax credits for brick and mortar businesses; the federal government to conduct a detailed study of the costs and benefits of suspending employer-side payroll taxes; businesses to pay special attention to developing and marketing their cleanliness, hygiene and contactless procedures; and third-party customer review sites to include comments about the implementation of COVID safety measures to provide options and reassurance to safety-minded consumers

PPP Loan Tracker

/
To advance transparency regarding public funds, Pioneer Institute developed this Paycheck Protection Plan Loan Tracker. This web tool allows you to track PPP loans by recipient, lender, location, industry, and loan range. According to this data, from the Small Business Administration, 18,177 Massachusetts small businesses received PPP loans, which the companies claim retained 738,613 jobs.

One UMass System, Different Reopening Plans

/
One UMass System, Different Reopening Plans On March 11, UMass…

Coronavirus Hits Back on Communities Who Slowed Their Spread

/
“This couldn’t come at a worse time,” said rep. Bill Keating…

Pioneer Institute Study Calls for Streamlining State Sales Tax Revenue Collection

At a time when state tax revenues are plummeting, a plan to modernize sales tax collection could get money into state coffers more quickly, according to a new policy brief published by Pioneer Institute.

Even for the most remote part of Massachusetts (Franklin County), it’s far from business as usual

/
The Connecticut River valley is home to some of the most productive…

Study: Safely Reopening Office Buildings Will Require Planning, Innovation

/
Safely bringing employees back into workplaces presents a significant challenge for employers located in office buildings, particularly when it comes to elevator operations and building entry and exit.  To address the challenge, managers must develop plans to control the flow of workers, according to a new study published by Pioneer Institute.

In Hampden County, COVID-19 exacerbates a stark employment divide between urban and rural areas

/
Hampden County, Massachusetts, home of Western New England’s…

32.9 percent of the Massachusetts workforce and 26.2 percent of the U.S. workforce have filed unemployment claims over the past nine weeks.

/
Data released today by the U.S. Department of the shows that 33.0 percent of the Massachusetts workforce and 26.2 percent of the U.S. workforce have filed unemployment claims since the COVID-19 unemployment surge began nine weeks ago.

Hubwonk Ep. 6: COVID-19 and Commerce: Main Street’s Concerns with Governor Baker’s Course

/
In this episode of Hubwonk, Host Joe Selvaggi & Pioneer Research Analyst Rebecca Paxton to get reactions to Massachusetts Governor Charlie Baker’s phased reopening, from the leaders of two statewide business organizations, NFIB and Retailers Association of Massachusetts.

Holyoke Soldiers’ Home Study Targets Inadequate Nursing Home Staffing Standards

Standards enforced at the federal and state levels are insufficient to address chronic staffing issues reported by staff and residents’ families at the Holyoke Soldiers’ Home, making that facility particularly vulnerable to the COVID-19 pandemic, according to new Pioneer Institute research.

28.9 percent of the Massachusetts workforce and 24.1 percent of the U.S. workforce have filed unemployment claims over the past eight weeks.

/
Data released yesterday by the U.S. Department of Labor and the Massachusetts Executive Office of Workforce Development show that 28.9 percent of the Massachusetts workforce and 24.1 percent  of the U.S. workforce have filed unemployment claims over the past eight weeks.

Time to follow the science, not fear

Over the past two months, we have all learned a great deal about COVID-19 and the efficacy of - and the new challenges created by - our policy responses. Pioneer Institute believes it is time to shift to a more thoughtful, science-based footing in our approach to COVID-19 policymaking. The following are principles for state and local public officials to consider as we move forward.

Where in Massachusetts is being hit hardest by unemployment due to COVID-19?

Pioneer’s new tool, called “COVID Unemployment Tracker,” provides an interactive look at how economic shutdowns in response to the COVID-19 pandemic are affecting jobs and lives across the state of Massachusetts.