Do you think the economy will boom again once the coronavirus blows over?


Posted by quora ..27..25.121 on Aug 03, 2020 at 05:30:23:

Phillip James Schaps
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April 22
B.A. from Aerospace and Aeronautical Engineering & Humanities (college minor), Embry-Riddle FL/AZ (Graduated 2013)

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Not in America. The middle class and poor will be out of money and many will be facing eviction. This will depress demand, meaning employers won’t rebuild their workforces fast enough. The only way out of this recession would be a massive infusion of government money into the lower and middle class, which isn’t going to happen with this government. All we’ll get is that one time $1200 crumb, which won’t even cover one month’s rent for most people. The good countries have much better governments that are helping their people during the crisis, and they might be spared a recession.



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