As coronavirus surges, countries spend more on economic aid.
But not the US.
nbcnews.to/3mWLrfU
Reporting by @BenjySarlin and @srhule.
(1/5) #NBCNewsThreads
But not the US.
nbcnews.to/3mWLrfU
Reporting by @BenjySarlin and @srhule.
(1/5) #NBCNewsThreads
@BenjySarlin @srhule UK: Extended relief to workers that had been set to expire
Germany: More approved funding to compensate businesses affected by health restrictions
Canada: More aid to businesses in hard-hit sectors; $2,000/month for those who have lost jobs or income due to pandemic
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Germany: More approved funding to compensate businesses affected by health restrictions
Canada: More aid to businesses in hard-hit sectors; $2,000/month for those who have lost jobs or income due to pandemic
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@BenjySarlin @srhule The US has gone the opposite direction.
A weekly benefit of $600 for people who lost their jobs or couldn’t work in the pandemic ended in July with no legislative replacement, and funding to keep small businesses afloat is tapped out as well.
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A weekly benefit of $600 for people who lost their jobs or couldn’t work in the pandemic ended in July with no legislative replacement, and funding to keep small businesses afloat is tapped out as well.
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@BenjySarlin @srhule The lack of assistance from Washington has taken on additional urgency in recent weeks.
US job growth abruptly slowed in November and 10M fewer people are working than when the pandemic hit last spring.
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US job growth abruptly slowed in November and 10M fewer people are working than when the pandemic hit last spring.
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@BenjySarlin @srhule Without additional relief, state and local governments face no-win decisions between imposing recommended health rules and bankrupting local businesses.
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