06 Apr COTW: U.S. Government Response to COVID-19 in Perspective
- The Coronavirus pandemic has pushed the global economy to the brink of a recession more severe than the 2008 financial crisis.
- The severity and duration of the downturn will depend on many factors, including the spreading of the virus itself, public health responses, and economic interventions.
- U.S. lawmakers passed a $2 trillion stimulus package that some analysts have characterized as a bridge loan to get the U.S. economy through the crisis.
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