How does the government respond to new hot spots, the economic hazards ahead and providing health care to millions of Americans? Our experts weigh in
New York may be approaching its coronavirus peak, but with the U.S. death toll now approaching 1,000 per day, many bleak days remain ahead for the cities and states whose hospital systems are heading toward capacity. Crucial elements of the $2.2 trillion CARES Act are up and running, but money is yet to hit the bank accounts of struggling Americans. This split screen experience of the pandemic reflects a nation whose politics are as divided as its coronavirus experience.
The latest unemployment numbers are terrible, but not shocking, given what we know. What is the likely impact on the economy and what levers does the government have to mitigate a collapse?Some workers are living off payouts or are furloughed, while others may be quarantining or caring for others, and. The upshot is the terrible jobless numbers are likely an undercount. In Canada 44 percent of people report their job lost or hours reduced.
his language again. This is always how it’s been with Trump and China because he’s always looking to protect his yearslong trade negotiations with the country. He mentioned trade again last week while talking about China’s response.This is just the latest example of a screaming siren that went unheeded, and even contradicted, by the president, who has vacillated between praising his Chinese counterpart and slamming the country for enabling the spread of the disease that has paralyzed the world.
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