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While Donald Trump blithers the American economy withers.
The free money is being snapped up by big corporations as small business is struggling to get the banks to give them consideration. Donald Trump's family has their hands out for free money and rent forgiveness.
The performance of Trump's administration has not flattened the curve and has not relieved the plight of millions of jobless Americans.
Donald Trump was incompetent at the inception of the COVID-19 outbreak in the US which allowed the virus to spread before substantive action was implemented.
The US economy will take more than 4 years to recover. There won't be a V-shape recovery because the curve depicting infection numbers has not peaked.
Top economist: US coronavirus response is like 'third world' country
The free money is being snapped up by big corporations as small business is struggling to get the banks to give them consideration. Donald Trump's family has their hands out for free money and rent forgiveness.
The performance of Trump's administration has not flattened the curve and has not relieved the plight of millions of jobless Americans.
Donald Trump was incompetent at the inception of the COVID-19 outbreak in the US which allowed the virus to spread before substantive action was implemented.
The US economy will take more than 4 years to recover. There won't be a V-shape recovery because the curve depicting infection numbers has not peaked.
Top economist: US coronavirus response is like 'third world' country
Top economist: US coronavirus response is like 'third world' country
Joseph Stiglitz attacks Donald Trump, saying US on course for second Great Depression
Joseph Stiglitz
Donald Trump’s botched handling of the Covid-19 crisis has left the US looking like a “third world” country and on course for a second Great Depression, one of the world’s leading economists has warned.
In a withering attack on the president, Joseph Stiglitz said millions of people were turning to food banks, turning up for work due to a lack of sick pay and dying because of health inequalities.
The Nobel prize-winning economist said: “The numbers turning to food banks are just enormous and beyond the capacity of them to supply. It is like a third world country. The public social safety net is not working.”
Stiglitz, a long-term critic of Trump, said 14% of the population was dependent on food stamps and predicted the social infrastructure could not cope with an unemployment rate that could hit 30% in the coming months.
“We have a safety net that is inadequate. The inequality in the US is so large. This disease has targeted those with the poorest health. In the advanced world, the US is one of the countries with the poorest health overall and the greatest health inequality.”
Coronavirus map of the US: latest cases state by state
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Stiglitz said Republicans had opposed proposals to give those affected by coronavirus 10 days’ sick leave, meaning many employees were going to work even while infected. “The Republicans said no because they said it would set a bad precedent. It is literally unbelievable.” ...