Opinion: Janet Yellen and Jared Bernstein, The Senate Is on Vacation While American’s Starve, N.Y. Times, Aug. 24 2020.
The economics of this moment are not complicated: A self-sustaining recovery cannot occur unless the virus is controlled. It is true that after the first shutdowns of Marcha and April, the economy did begin, in May and June, to pull itself out of a deep, pandemic-induced hole, thanks in part to generous $600 per week federal unemployment assitance that the Senate let expire in June after negotiations between Democrats and Republicans broke down.
Poverty Law 