By John Gong | China Daily | Updated: 2021-03-17 07:18 Share CLOSE US Senate Majority Whip Sen. Dick Durbin speaks at a press conference at the US Capitol in Washington, DC on March 10, 2021. In a final vote, the House passed US President Joe Biden s revised $1.9 trillion COVID-19 relief bill, named the American Rescue Plan, in the administration s first major legislative achievement. [Photo/Agencies]
The COVID-19 pandemic has wreaked havoc on the United States economy, creating a big hole in the job market probably on the scale of the Great Depression. There have been many reports about people without jobs for months now. It is dreadful to see single mothers with children facing eviction and having difficulty putting food on the table.
The United States' massive stimulus spending in response to the coronavirus pandemic is forecast to lift economies around the globe, though in some regions more than others.
Stimulus seen as global tonic chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
Stimulus seen as global tonic chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.