by The Economist
My articles My siteMy videosMy books
Follow on:LinkedINTwitterFacebookYoutubeAmazonGoogle +
| America has spent trillions of dollars on stimulus packages to prop up its economy in the face of the covid-19 pandemic. But is it working—and what will the long-term effects be? Our experts answer your questions. Question timecodes: 00:00 Introduction to US economic stimulus 00:44 Where does the stimulus money come from? 01:43 Will the funds actually reach the people who need it most? 03:00 How does the American economic stimulus compare to other countries globally? 04:08 Has the increased unemployment benefit disincentivised people from going back to work? 05:08 How will America’s economic stimulus impact inflation? 06:24 Should Americans be concerned that the stimulus will put the government in debt? 08:28 Can the positive effects of the covid-19 stimulus on the US economy be shown? 09:23 Is America becoming more socialist by handing out this stimulus? Further reading: Find The Economist’s most recent coverage of covid-19 here: https://econ.st/2CQRUr2 Sign up to The Economist’s daily newsletter to keep up to date with our latest covid-19 coverage: https://econ.st/3l79OHi Find The Economist’s most recent coverage of the US presidential election here: https://econ.st/2CM2oYz Sign up to The Economist’s weekly “Checks and Balance” newsletter to keep up to date with our coverage of American politics: https://econ.st/3l5C4dl Read about how universal basic income is gaining momentum in America: https://econ.st/2QakJSe What Wall Street’s results tell you about America’s economy: https://econ.st/3aLIycL Read about how the postal service has become vital to America’s elections: https://econ.st/2YpjSlj How Donald Trump polarised postal voting: https://econ.st/3l6FOv5 Democrats set factionalism aside for the big push against Donald Trump: https://econ.st/31iSPK0 |
The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.
Tags:
21 comments
Skip to comment form ↓
Ye Raymond
2020-09-03 at 13:49 (UTC 2) Link to this comment
You are fired, Donald Trump!!!
Alec Teves
2020-09-04 at 03:10 (UTC 2) Link to this comment
YouTube please stop giving Trump ads… it ruins everything I watch
isla rose
2020-09-04 at 16:15 (UTC 2) Link to this comment
Need stimulus package. To live without job.
Quentin
2020-09-05 at 18:50 (UTC 2) Link to this comment
La vie en prépa…
Orchid Doi
2020-09-06 at 00:26 (UTC 2) Link to this comment
Why don't you type the answer too. It would be better because speaking in the kitchen has a lot of echo
Truth Tell
2020-09-06 at 05:21 (UTC 2) Link to this comment
Psychopath dictator South Korea president moon. .
Meaningful Disruption
2020-09-06 at 22:34 (UTC 2) Link to this comment
Are you asking if extreme centralization of power is working?
m p
2020-09-07 at 15:22 (UTC 2) Link to this comment
Nope, that stimulus money comes from national debt which will devalue USD!
Blessed One
2020-09-08 at 07:39 (UTC 2) Link to this comment
The reporter's voice is perfect!!! Thank you!
Anthony
2020-09-08 at 09:13 (UTC 2) Link to this comment
HAHAHAHA, yeah $1,200 5 months ago really fixed the problem.. Our current Congress has failed the American people, we can thank Republicans at the end of the day as they hold majority in the Senate & blocked the next stimulus.
Annon Annon
2020-09-08 at 18:11 (UTC 2) Link to this comment
Gold is the safest asset.
Evan Taurins
2020-09-09 at 01:13 (UTC 2) Link to this comment
MMT lets gooooooooooooooooo
Mark-Anthony V
2020-09-09 at 01:43 (UTC 2) Link to this comment
Wanting to understand this? I'd recommend reading about the Federal Reserve and central banks. Check out The Creatures of Jekyll Island. Print print print
Oliver Knif
2020-09-09 at 11:10 (UTC 2) Link to this comment
"radical ideas like medicare for all"
barath kumar
2020-09-09 at 15:06 (UTC 2) Link to this comment
In India, everyone got 13 dollars
KELLI2L2
2020-09-10 at 17:41 (UTC 2) Link to this comment
The BEST stimulus package would have been an immediate $2 million to EVERY citizen‼️
*
Luis Laguinge
2020-09-11 at 16:45 (UTC 2) Link to this comment
If everyone is a millionaire then nobody is a millionaire
Sebastian Aguiar
2020-09-10 at 20:53 (UTC 2) Link to this comment
Purple shirt man is not an expert. It is possible to have inflation without rising wages. Many currencies have hyperinflated with declining wages
Jennifer Lynn
2020-09-12 at 05:15 (UTC 2) Link to this comment
I’m so broke I can’t afford to pay attention.”
-Me
Travis Wansai
2020-09-12 at 11:07 (UTC 2) Link to this comment
we don't need a vaccine our body has an immune system and is quite capable of fighting off a virus. If this were not true humans would have been extinct long ago… What we do need is a system that will incarcerate people that are involved in genocide and attempt to modify a virus to infect humans!!!
interestingyoutubechannel
2020-09-13 at 10:38 (UTC 2) Link to this comment
It'll be fine, lets just go back 8000 years to exchange of dried grains & beans as base currency backed by real value. The world economy is only important due to our mutual agreement to follow a particular fictional story, that's all. Trade always was, and always will be.