Transatlantico

Andrew Spannaus for Aspenia online: To counter the effects of the Covid-19 pandemic, the United States Congress has approved spending packages totaling close to $6 trillion, and President Joe Biden is now pushing for even more, aiming to pass both the $1 trillion bipartisan compromise on “hard infrastructure”, and the $3.5 trillion “human infrastructure” bill […]

The COVID-19 pandemic has hurled the economy of the United States into the deepest downturn in decades, with unemployment approaching 1930s levels, and the drop in GDP even exceeding that of the Great Depression, according to the New York Fed’s current estimate of -31%. Most analysts expect growth to resume rapidly once the crisis subsides, […]