Size does matter

During the pandemic, plans to keep unemployment from rising quickly have cost governments more than they expected.

In Europe, furlough programs have taken care of a lot of the cost of wages for businesses. In the United States, the stimulus package has primarily been delivered to the general public in the form of mailed checks or credit lines to businesses.

In the US, most of the stimulus package has been sent directly to people through checks or to businesses through credit lines.

Since Europe's stimulus packages are worth 750 billion euros and the US's are worth around 2.5 trillion dollars, here is a comparison of the size of the measures taken in these three countries based on the size of the US economy.

Subscribe to Salvajes - Juan Carlos Golindano

Don’t miss out on the latest issues. Sign up now to get access to the library of members-only issues.
jamie@example.com
Subscribe