October 19, 2021
Economy

Economic victory from the Covid crash? It’s too premature to declare

That nightmare scenario was avoided, in large part because of an unprecedented response from the federal government that included stimulus checks, small business loans and emergency credit programs. Later, the historically fast rollout of safe and effective vaccines paved the way for a rapid recovery.

The US economy is recovering from Covid faster than many imagined possible. Indeed, the total size of the US economy is now slightly larger than it was before Covid.

Yet by many measures, the recovery from Covid is incomplete — especially for Main Street.

Read full article here: www.cnn.com