Stimulus Deal Provides Economic Relief, for Now

“For much of the economy — especially people and industries that have been insulated from the worst effects of the pandemic — it may provide a bridge to a vaccine-fueled rebound. That is especially likely if the vaccine is quickly and widely distributed, and the swelling number of coronavirus cases doesn’t force another round of widespread shutdowns,” the New York Times reports.

“The injection of money comes months too late for tens of thousands of failed businesses, however, and it may not be enough to sustain unemployed workers until the labor market rebounds. Moreover, it could be the last help from Washington the economy gets anytime soon.”