Saturday, December 12, 2020

RSN: FOCUS: Paul Krugman | Trump Tries to Kill COVID Relief

 


 

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12 December 20

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FOCUS: Paul Krugman | Trump Tries to Kill COVID Relief
Paul Krugman. (photo: MasterClass)
Paul Krugman, The New York Times
Krugman writes: "Several thousand Americans are now dying from Covid-19 every day; given the lag between cases and deaths, the daily toll will almost certainly rise through the end of this year."


Is it ignorance, or is it cynicism?


he next few months will be terrible. Several thousand Americans are now dying from Covid-19 every day; given the lag between cases and deaths, the daily toll will almost certainly rise through the end of this year, and if people are careless over Christmas it could surge even higher in the new year. Economic recovery has stalled, with employment still down almost 10 million from pre-pandemic levels.

The most we can hope for at this point are policies that mitigate the suffering, getting us through the horror while we wait for widespread vaccination. And a few days ago it seemed possible that we would in fact get some good news on the economic front. A bipartisan group of senators seemed close to agreement on a Covid relief bill that would fall far short of what we should be doing, but would be much better than nothing.

Then the lame-duck Trump administration intervened — destructively.

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