Question

Please answers base on articles " Is $1 Trillion Enough for a New Economic Relief Package?"

Question: the economic impact of another Covid-19 relief package in the USA.

Do we need it? How can it stimulate the economy? Does it will help stabilize the economy or it bring debt to the country?(150-200 word)

Note :- Please avoid Plagiarism( not copy paste from other post)

Answer 1

During pademic lock1down and social distancing approved so harsh for all over world economy .In which USA also not left.USA economy also suffered badly during lockdown.It result in productivity loss, it cause unemployement massive business losses ,it impacted economy badly it cause  great demand shock for an economy.

Its so obvious to get relief from such a enormous loss each and every economy of world need a relief packages from goverment and USA also not excluded from it.It will provide relief to the country and it will help them to fight against pandemic. Package will help out to find out  new opportunities in the economy. Various parts of the economy will get support with this relief package.RelIef package act as a hope in such a negative environment but goverment offer of $1trillion relief package is not enough because its not going to give protection to those who all are without job ,it will not cover a unemployed people.

People who all are dealing with such crisis directly such as health workers thier families, must be given priority.small business houses must be protected initially not a big business houses.Relief package must be given money in the hand of those who need it and impacted most by the pandemic.It must be focusses first employement opportunities and provide jobs to job less people so that economy can be boost.otherwise no relief package can help until emoloyement will not generate in the economy.