10/17/2023 0 Comments Corona virus in usThe outgoing Obama team runs the Trump transition team through a series of pandemic-scenarios. 13, 2017 : The joint Obama-Trump transition teams run an exercise for pandemic preparedness. If we have missed any key information, please notify us by sending an email to Jan. Readers can reach their own conclusions based on these publicly available facts. These lapses meant that the United States was ultimately forced to make more drastic economic sacrifices to catch up to the severity of the pandemic than would have otherwise been necessary. When it came time to minimize the loss of life and economic damage, the United States was unnecessarily underprepared, had sacrificed valuable time, and confronted the pandemic with a more mild response than public health experts recommended. The President and some of his closest senior officials also disseminated misinformation that left the public less safe and more vulnerable to discounting the severity of the pandemic. In response to COVID-19, the United States was slow to act at a time when each day of inaction mattered most–in terms of both the eventual public health harms as well as the severe economic costs. While some measures were put in place to prepare the United States for pandemic readiness, many more were dismantled since 2017. Several Trump administration officials raised strong concerns prior to the emergence of COVID-19 and raised alarms once the virus appeared within the United States. In our view, the timeline is clear: Like previous administrations, the Trump administration knew for years that a pandemic of this gravity was possible and imminently plausible. government’s preparation for a pandemic, tracking warning signals of COVID-19, and public and internal responses when the outbreak hit inside the United States. policy events related to the novel coronavirus pandemic. What follows is a comprehensive timeline of major U.S. The loss of huge amounts of unemployment income in the near term would be a significant drag on consumer spending.Editor’s note: originally published on April 13, 2020, most recently updated on November 3, 2020. “These $600 payments are adding about $75 billion per month to household income, at a time when income from work has plummeted. “Tens of millions of workers have lost their jobs over the past few months and remain unemployed, and the pace of improvement in the labor market has slowed,” said Gus Faucher, chief economist at PNC Financial in Pittsburgh. A staggering 30.2 million Americans were receiving unemployment checks in the week ending July 11. In a separate report on Thursday, the Labor Department said initial claims for unemployment benefits increased 12,000 to a seasonally adjusted 1.434 million in the week ending July 25. This, together with the sky-rocketing coronavirus infections is keeping layoffs elevated. Not only do we need Americans to take serious action preventing the spread of the disease, but we also need Congress to agree on another stimulus package and quickly.”įILE PHOTO: A shopkeeper works inside his retail store as the phase one reopening of New York City continues during the outbreak of the coronavirus disease (COVID-19) in the Brooklyn borough of New York City, New York, U.S. “Right now, the American economy is speeding toward a fiscal cliff. “This is hard to swallow,” said Jason Reed, finance professor at the University of Notre Dame’s Mendoza College of Business. Trump on Thursday raised the possibility of delaying the Nov. President Donald Trump, who is trailing Democratic challenger and former Vice President Joe Biden in opinion polls, said on Wednesday he was in no hurry. With the recovery faltering, pressure is mounting for the White House and Congress to agree on a second stimulus package. More than five years of growth have been wiped out. The bulk of the deepest contraction in at least 73 years reported by the Commerce Department on Thursday occurred in April when activity almost ground to an abrupt halt after restaurants, bars and factories among others were shuttered in mid-March to slow the spread of coronavirus.
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