Wobbly U.S. fiscal response could deepen coronavirus recession | Reuters


The U.S. government’s massive effort to nurse the economy through the coronavirus crisis was billed as a send-money-and-don’t-sweat-the-details flood of cash to people and businesses in a $22 trillion system that has ground to a halt.

So far, the checks are not in the mail.

From technological glitches to confusion over the fine points of policy, the delays are mounting. The federal government’s muddled response risks deepening and lengthening a recession already historic for the speed of its onset.

Source: Wobbly U.S. fiscal response could deepen coronavirus recession – Reuters

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