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Why We Say ‘No Thanks’ to a Cares Act Loan

A friend was at Walmart looking for disinfectant wipes. There were none on the shelves, but a stocker told her he had some in the back. While she waited for him to bring them out, another customer scooped up all the hand sanitizer that was left on the shelf—18 bottles. The Walmart employee returned with a shrink-wrapped block of a dozen canisters of wipes. He assumed she’d want them all. “Oh, I just need two,” she said. “I’d rather leave the rest for others.”

The libertarian think tank we lead qualifies as a small business…

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