The U.S. Fight against Coronavirus
The U.S. Fight against Coronavirus

Author(s): Mateusz Piotrowski, Marek Wąsiński
Subject(s): National Economy, Governance, Economic policy, Welfare systems, Health and medicine and law, Family and social welfare, Fiscal Politics / Budgeting
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: United States; Coronavirus pandemic; Trump administration; fighting against pandemic; financial support; recession; budget cuts;
Summary/Abstract: The coronavirus outbreak is spreading throughout the United States. After its initial underestimation of the threat, the Trump administration has acted to fight against the pandemic, including the introduction of a national emergency. The effectiveness of these actions will be an important factor in whether Trump is re-elected. The limits on social life despite the enormous financial support from the government and the Federal Reserve have dramatically slowed the economy, heading into a recession. Public debt will increase much more rapidly, which may force budget cuts in the coming years.

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