Six weeks after U.S. President Donald Trump declared a national emergency over the spreading new coronavirus, the United States is deeply divided over the correct economic and health response.
FILE PHOTO: People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease , at an Arkansas Workforce Center in Fort Smith, Arkansas, U.S. April 6, 2020. REUTERS/Nick Oxford/File Photo
As a health matter, the approach has also become a mosaic, with a president prone to recommending off-the-cuff and even potentially dangerous remedies, and state officials who agree generically that “more” testing is needed but not exactly on how much more would be required for public safety. But old fault lines reappeared this past week and may get worse in days to come. Oil and other industries are lobbying
Publicly traded companies that picked up small business loans, squeezing out mom-and-pop shops who say they couldn’t access the money, also are starting to return them after the loans were disclosed in public records and flagged in media reports.multi-million dollar loans received under the lending program, despite explicit wording that let chain restaurant and hotel corporations borrow on the basis of each of their locations, not their overall corporate size.
That is forcing a choice among employees that was supposed to be avoided: expose yourself to health risks or have no money to pay your bills.states could go bankrupt rather than expect any more federal aid as they cope with cratering tax revenues.
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