Post
Topic
Board Economics
Re: Is the US economy suddenly recovering?
by
fiulpro
on 09/07/2020, 15:05:25 UTC
It was obvious that in the long run we would have seen the US economy recover, but honestly I wasn’t expecting US economy to recover so fast, or is this just another false positive for us?. I’m referring to the article posted by CNBC where they have shown stats which proves that the US economy has started recovering despite many states yet being in lockdown. What are your thoughts on this, will the US economy recover faster than what we had anticipated?.

Source:

https://www.cnbc.com/2020/06/28/here-are-five-charts-illustrating-the-us-economic-recovery-amid-the-coronavirus-pandemic.html



Why do you think that the cases are sky rocketing in the US ?

People did not listen to the restrictions which were put forth by the government and therefore most of the small businesses were open , in the small villages the life never even changed , at some places they don't care about the coronavirus now.

Most of the businesses were open , plus one's that were able to shift from office to home did have even a better outcome. Call centres , offices , schools , colleges everyone is working and was working from the day of quarantine. People who did loose customers and such , they had to find new ways to earn and therefore the economy recovered in a short while.

People changed according to the pandemic , which is natural and very important for the community as a whole for the survival. I remember the words of a famous botanist at this time : Change is the nature of nature. Even if the virus stays , we can easily evaluate that the life might be different , but it won't stop.