It’s a two-way street…. Both directions are critical to America’s coronavirus-fighting situation, but they run opposite each other. The Health Effort includes economic lockdowns and social distancing, but also redirecting certain sectors of the economy to support healthcare workers. The Economic Effort alleviates biz-killing side effects of the Health Effort. Last week, the US gov intervened big to support both sides:
We need to plug the hole in the boat before adding another motor… This economic pain is a symptom of our health problem. The $2T spending bill will result in direct-deposit checks to Americans who made under $99K (or under $198K for couples) — for those who didn’t give the IRS direct deposit info, you’ll have to wait for a check.
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