Economy is the topic that most motivates voters to vote in the United States

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The pandemic, which has left profound marks on the economy across the planet, is also likely to influence the outcome of the American presidential election. The report is by Ismar Madeira and Lucas Louis.

Mask is a hot item on the market. Even so, with different models, sales by salesman Irvin are down. He regrets that consumers have disappeared from the streets. Joseph says that the whole family was affected. Suddenly, everything fell apart.

Until March, Donald Trump chaired an economy that had been growing steadily for over a decade. But now, with the pandemic, the estimate is that GDP, the sum of all the wealth produced by the country in the year, ends 2020 with a retraction of 6.5%.

All jobs created in the past 20 years have virtually disappeared overnight. In two months, the unemployment rate went from the best rate in 50 years to one of the worst in its history. The contrast is striking: before the pandemic, the average income of workers grew. Then, 8 million people started living below the poverty line in the richest country in the world.

To make matters worse, political disputes prevented the renewal of emergency aid from the federal government, which distributed more than $ 2 trillion to workers and businesses that closed their doors. Without help in sight, getting out of this economic chasm is more difficult.

Beth Ann Bovino is the chief economist at one of the largest risk analysis agencies in the world and warns that the United States should not grow again until the end of 2021. ladder, ”he explains.

Trump says he is the best candidate because, according to him, he built the biggest economy in the history of the world, and that next year will be the best of all.

Democratic Party candidate Joe Biden says Trump’s mismanagement has exacerbated the impact of the pandemic and promises greater economic growth than the current president.

The pandemic caused a global crisis and the American recovery also depends on how the president-elect will conduct international economic relations. Throughout the government, promising to put the United States first, Donald Trump imposed tariffs and restrictions on products imported from several countries, including steel and aluminum from Brazil.

But it was the trade war with China that had the greatest global impact, and also within the United States. In addition to making goods more expensive for the American consumer, the battle made China buy less agricultural products from the United States. Result: American farmers suffered record losses.

Beth Ann bets that, no matter the winner, the next president will have to invest in economic stimulus.

Salesman Irvin shows the mask with the same word he carries on his chest to represent this moment: fight. And he says: “Whatever they do, they have to act fast. People are in need ”.

Source: G1

The pandemic, which has left profound marks on the economy across the planet, is also likely to influence the outcome of the American presidential election. The report is by Ismar Madeira and Lucas Louis.

Mask is a hot item on the market. Even so, with different models, sales by salesman Irvin are down. He regrets that consumers have disappeared from the streets. Joseph says that the whole family was affected. Suddenly, everything fell apart.

Until March, Donald Trump chaired an economy that had been growing steadily for over a decade. But now, with the pandemic, the estimate is that GDP, the sum of all the wealth produced by the country in the year, ends 2020 with a retraction of 6.5%.

All jobs created in the past 20 years have virtually disappeared overnight. In two months, the unemployment rate went from the best rate in 50 years to one of the worst in its history. The contrast is striking: before the pandemic, the average income of workers grew. Then, 8 million people started living below the poverty line in the richest country in the world.

To make matters worse, political disputes prevented the renewal of emergency aid from the federal government, which distributed more than $ 2 trillion to workers and businesses that closed their doors. Without help in sight, getting out of this economic chasm is more difficult.

Beth Ann Bovino is the chief economist at one of the largest risk analysis agencies in the world and warns that the United States should not grow again until the end of 2021. ladder, ”he explains.

Trump says he is the best candidate because, according to him, he built the biggest economy in the history of the world, and that next year will be the best of all.

Democratic Party candidate Joe Biden says Trump’s mismanagement has exacerbated the impact of the pandemic and promises greater economic growth than the current president.

The pandemic caused a global crisis and the American recovery also depends on how the president-elect will conduct international economic relations. Throughout the government, promising to put the United States first, Donald Trump imposed tariffs and restrictions on products imported from several countries, including steel and aluminum from Brazil.

But it was the trade war with China that had the greatest global impact, and also within the United States. In addition to making goods more expensive for the American consumer, the battle made China buy less agricultural products from the United States. Result: American farmers suffered record losses.

Beth Ann bets that, no matter the winner, the next president will have to invest in economic stimulus.

Salesman Irvin shows the mask with the same word he carries on his chest to represent this moment: fight. And he says: “Whatever they do, they have to act fast. People are in need ”.

Source: G1

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