Incomes are about to fall through the floor

A pillar of the US government’s Covid response will expire in days

Gordon Toy

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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

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