Stimulus Checks Aren’t Going to Save the U.S. Economy from Coronavirus

Stimulus Checks Aren’t Going to Save the U.S. Economy from Coronavirus

Stimulus checks worth $1,200 have begun arriving in bank accounts, but they won’t be enough to save the U.S. economy from the coronavirus-inspired downturn. Congress was quick to pass the coronavirus stimulus bill, but $1,200 checks won’t be enough to save the economy from unprecedented collapse. | Image: REUTERS/Jonathan Ernst Stimulus checks have begun arriving in people’s bank accounts, but they won’t be enough to save the U.S. economy from the coronavirus-inspired downturn.

The checks could pump up to $96 billion into the economy, but this isn’t even a tenth of what the coronavirus will cost the U.S.

Either […]

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