Corona Update | Microeconomics
Coronavirus lockdown has been ongoing for well over a year now and the effects have continued past presidential election and here is what the U.S. government has to say about it.
According to CNN (Biden signs orders to get checks and food aid to low-income Americans), Biden extends relief packages and eviction protection so individuals who have lost their jobs still have a place to stay and food to sustain themselves.
With the world’s growing pain, I believe that this is a good path to take. Supporting families by extending financial support; however, I don’t believe that this is the best route. Simply giving money to individuals won't last long and effective in the short term.
Give a man a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime — Lao Tzu
As a firm believer in this saying it would be better to harvest unused manpower by bestowing jobs upon those in need so that they would be able to sustain themselves beyond Coronavirus.