The Economics of Covid Relief Fund and Stimulus Checks
The video discusses COVID-19 Relief Fund spending and Stimulus checks and packages by the US government in the wake of pandemic caused by Covid-19 or aka Corona virus.
The world has had to grapple with a host of unprecedented events since the novel Covid-19, known as Coronavirus, became a thing. One could even say the Coronavirus made the world stop spinning.
The harshness of the lockdown protocols that attended the coronavirus pandemic on the global economy has been particularly brutal in the United States of America.
Most states in the Union have had to shut down economic activities for a long spell. And one can only imagine the devastation small businesses, especially in the hospitality industry, have been experiencing since the pandemic started.
Against this backdrop, some argue that the measures deployed to protect citizens from the pandemic have proven to be more disastrous than the pandemic itself.
Some believe the lockdown was the absolute preventive measure against the virus. And it bought the medical workers enough time to tackle the situation in a better way.
On the other hand, some national stakeholders view the harm from a constitutional angle. They argue that the lockdowns only represent an indirect move by 'Big Government' to create a generation of dependent citizens, using unconstitutional policies as a vehicle.
What you make of these arguments notwithstanding, no one can reasonably dispute the fact that restrictions on movement, to control the virus, has contributed to the number of people who expect the government to come through with some relief money. That's where the “Covid-19 Relief Bill” came into being.
#economics #CovidReliefFund #Stimulus
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Видео The Economics of Covid Relief Fund and Stimulus Checks канала Economic Raven
The world has had to grapple with a host of unprecedented events since the novel Covid-19, known as Coronavirus, became a thing. One could even say the Coronavirus made the world stop spinning.
The harshness of the lockdown protocols that attended the coronavirus pandemic on the global economy has been particularly brutal in the United States of America.
Most states in the Union have had to shut down economic activities for a long spell. And one can only imagine the devastation small businesses, especially in the hospitality industry, have been experiencing since the pandemic started.
Against this backdrop, some argue that the measures deployed to protect citizens from the pandemic have proven to be more disastrous than the pandemic itself.
Some believe the lockdown was the absolute preventive measure against the virus. And it bought the medical workers enough time to tackle the situation in a better way.
On the other hand, some national stakeholders view the harm from a constitutional angle. They argue that the lockdowns only represent an indirect move by 'Big Government' to create a generation of dependent citizens, using unconstitutional policies as a vehicle.
What you make of these arguments notwithstanding, no one can reasonably dispute the fact that restrictions on movement, to control the virus, has contributed to the number of people who expect the government to come through with some relief money. That's where the “Covid-19 Relief Bill” came into being.
#economics #CovidReliefFund #Stimulus
Support us on Patreon: https://www.patreon.com/EconomicRaven
Connect with us:
EconomicRaven.com
facebook.com/economicraven
twitter.com/economic_raven
instagram.com/economicraven/
anchor.fm/economicraven
Видео The Economics of Covid Relief Fund and Stimulus Checks канала Economic Raven
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