The Pandemic Paradox: How the Covid Crisis Made Americans More Financially Secure Fulford Scott
The Pandemic Paradox: How the Covid Crisis Made Americans More Financially Secure Fulford Scott Why most Americans' finances improved during the worst economic contraction since the Great…
Specifikacia The Pandemic Paradox: How the Covid Crisis Made Americans More Financially Secure Fulford Scott
The Pandemic Paradox: How the Covid Crisis Made Americans More Financially Secure Fulford Scott
Why most Americans' finances improved during the worst economic contraction since the Great Depression--and the policy choices that made this possibleIn March 2020, economic and social life across the United States came to an abrupt halt as the country tried to slow the spread of COVID-19. And yet somehow the finances of most Americans improved during the pandemic--savings went up, debts went down, and fewer people had trouble paying their bills. In the worst economic contraction since the Great Depression, twenty-two million people lost their jobs between mid-March and mid-April of 2020.
As Americans grappled with remote work, "essential" work, and closed schools, three massive pandemic relief bills, starting with the In The Pandemic Paradox, economist Scott Fulford explains this seeming contradiction, describing how the pandemic reshaped the American economy.
The COVID-19 Pandemic