ADAD“The burdens are falling most heavily on those least able to carry them,” Fed Chair Jerome H. Powell said last week. In an effort to prevent this, Congress has passed $3 trillion to aid struggling businesses and laid-off workers. But many economists like Sahm say there’s a bigger problem: That aid still isn’t reaching a lot of people. ADMany economists have urged Congress to approve additional relief soon, given how long it takes to get money to firms and businesses. They don’t understand because they are not having to go through [unemployment],” Lee said.

Source: Washington Post May 08, 2020 13:26 UTC