In the knowledge of the COVID-19 pandemic and how it has taken a toll on our government and our economy. The FED has even made decisions to try to stabilize the economy as best as they can but the decisions that they have made, define the future for America’s economy. Since the U.S. economy is falling deeper and deeper into recession and as COVID-19 is getting worse so will the economy. Our economy will even have to face many consequences since the U.S. Banks and institutions have to borrow from the FED, they will have to find a way to pay it back but it will take a long time. Since many people are unemployed and in debt, the economy is going even more downhill. “In the longer run, though, it’s important to acknowledge that a trade-off will emerge — and become more urgent in the coming months, as the economy slides deeper into recession. The staggering toll of unemployment has reached more than 16 million in just the last three weeks. There will be difficult compromises between doing everything possible to save lives from Covid-19 and preventing other life-threatening, or -altering, harms.” (New York Times) This states that whatever economists and the FED decides to do, everyone, especially the economy has to expect the worst. The economy is never going to be perfect and there will always be some type of problem. Whether it’s a big issue or not. I do agree with the fact that the U.S. government is doing their best to keep America's economy stabilized and decrease the percentage of unemployment. With inessential workers needed to stay home, exchanges in foreign trade being effected, relationships with partnering countries, and the inflation rate being decreased, there's much to fix what COVID-19 has done to the people of America and the economy. In order for America to really go back to the way it used to be, it’s going to take a very long time. Although, along the way, since coronavirus will be leaving some damage with America's relationships with other countries and our economy, the years forward may be even harder than it is now. 

Website: https://www.nytimes.com/2020/04/10/magazine/coronavirus-economy-debate.html?auth=login-email&login=email

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