A rise in poverty and homelessness has become a major concern as the pandemic recession has left millions of people without jobs. Above, a person in Miami sleeps on a sidewalk in 2001.
Some businesses in Newman Grove, Nebraska, have been booming as fewer people leave town to shop. Also, the region’s agriculture economy remains healthy.
President-elect Joe Biden’s nominee for treasury secretary stressed that if we don’t shore up the economy now, we’ll have a worse crisis to manage later.
The new administration plans to focus lots of attention on the economy and propose a massive relief package as the recovery stutters and the virus surges.
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