Pandemic economy?
In this context, we ask ourselves the following question: What do we do to overcome the economic consequences of the pandemic?
The consistencies to this day are incalculable in the economic sphere, due to the increase in the supply and the decrease in the demand, as a consequence of the absence of the circulation of the population in the streets, caused by the restrictions to the circulation, fear to the contagion and the decrease of the purchasing power of the people, among other causes.
However, the domino effect did not wait, causing the closure of many companies and shops that left many families without means of livelihood and with commitments made before the appearance and contagion of the population by this dangerous virus.
On the other hand, the economic recession caused by the issuance of currency, the exchange gap and the decrease in tax collection, put governments in many countries in a difficult position that do not have economic reserves and are very far from having a health system strengthened and capable of not collapsing in the event of a possible outbreak of the virus, forcing them to look for strategies that can translate into income generation that allow them to provide economic and health solutions to the population.
In this urgent search, many countries focused on the opening or easing of quarantines, but the consequences in many of them was a rebound of the cases that made them make decisions such as the return to the most severe restrictions.
Source
In other cases, such as Argentina, there is the possibility of the approval of a tax on great wealth, which has not been approved and is expected in the next few weeks in which this proposal will remain.
On the other hand, large companies have asked the government for help paying their salaries, and responses have been given by government representatives via social networks, proposing that it be given not as a gift, but rather as an exchange for participation. of the government in these companies.
What do you think should be done?
Note: Separator-1 is my own and the final separators are an adaptation of a Pixabay image with the Paint application.
Seriously, the whole economy situation appears to be an extremely scary one.
I do not have any advice on how the economy could be revived but I just hope that in some way low income earners are considered, some people are experiencing a high level of poverty enough to be placed on high taxation.
@tipu curate
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