Incomes are about to fall through the floor

Photo by Nick Hillier on Unsplash

There have been plenty of fumbles when it comes to the US government’s response to the Covid-19 pandemic. But the most important thing it did was protect workers by expanding unemployment insurance as part of the CARES Act.

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Gordon Toy

Gordon Toy

Writer and analyst based in Melbourne, Australia. Investing, markets, politics, history of economic thought. More at: https://www.gordontoy.com/