The Covid-19 pandemic has had a severe impact on the economy of the United States, and the way the country has had to operate for almost an entire year. Due to the poor handling of the outbreak by the American government, the USA has had significant difficulty in both withstanding its effects and recovering after the initial wave. The coronavirus pandemic has severely impacted the ability of people to work and visit places with large gatherings of people. This, in turn, means that many of the necessary jobs are unable to be performed, or are performed at a much slower pace. Furthermore, many people have been infected with the Covid-19 virus, impacting both the stability of the workforce and straining the health care system. With increasingly more money being spent on supporting the population, much less is able to go into sustaining the economy, which has been in a major downward spiral since the beginning of the pandemic. Stimulus checks have been approved and sent to further assist the people and the businesses in overcoming the crisis, but the measure does not seem to be sufficient at this stage (Economic Commission for Latin America and the Caribbean, 2020). Even with the measures in place, the current conservative Government and the actions of the ex-President Donald Trump have been set on downplaying the danger of the outbreak and further destabilizing the country through improper management. An inability to take a correct course of action in the early stages has resulted in an inability to swiftly or effectively take care of them in later stages of this issue.
References
Economic Commission for Latin America and the Caribbean. (2020). Impact of covid-19 on the United States economy and the policy response. Web.