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Donald Trump’s support package means $ 3 trillion (approximately SEK 29.3 trillion) in support of the United States economy. The money will go to individual Americans, small business loans in the United States, and support for agriculture and healthcare.
– The crisis package is huge, but it must be remembered that it is about stopping the flow of blood to the United States economy. It’s about trying to save jobs so the number doesn’t keep increasing. But American households must also dare to consume, and then one must take control of the spread of the virus, says Robert Bergqvist, chief economist at SEB.
According to Robert Bergqvist, the United States has 1-2 months to recover.
– If delayed, unemployment may be stagnant at a high level.
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Choice affects
The US presidential election in November is very likely to be a referendum on how the president in office handled the virus crisis, says Dag Blanck, professor of American studies at Uppsala University.
– Crises favor active governments, as was seen in many countries during the crown pandemic. But that did not benefit Donald Trump. Press conferences on fighting the virus hurt him, and I think that’s why they’ve fallen, says Dag Blanck.
The United States presidential election will take place in November of this year. A big question will be what the vote itself will be like, according to Dag Blanck.
– We who remember the Florida 2000 elections and the ballot box discussions will see similar discussions. When is the letter stamped and can you see the date it was stamped?
Unemployed until October
For Carl Nenzén Lovén, a freelance photographer in Los Angeles, Donald Trump’s crisis package is welcome.
– Fortunately, I have paid taxes for 2019, which means I can get this check. But even though they’ve now started opening regular stores again in Los Angeles, in something they call Phase 2, I don’t think our jobs will go back until Phase 3 or Phase 4.
How long do you expect it to take?
– Already in October. But at the moment we only have information for next week. Everything happens very fast, so you can see what happens.
