Business

Is America’s economy headed for a double-dip recession?

Americans are “approaching a dire turning point” as we head toward fall without another economic aid package in sight, said Joe Pinsker at The​­ Atlantic. Roughly 1 in 6 households reported recently that they have not been able to afford food during the pandemic, while one out of 10 adults have said “they haven’t been able to pay rent or their mortgage in time.” The $2 trillion CARES package passed in March provided “much-needed support” for millions, but still it wasn’t enough to “completely protect American families from the pandemic’s financial harms.”

Source:

theweek.com

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