The Economic Consequences of COVID
The epidemic of coronavirus illness (COVID) has disturbed life and filled hospitals to capacity. In addition, national economies and enterprises are calculating the price tag of these disruptions. Since March 2020, when COVID began to spread, the U.S. economy has struggled to recover. A brief gap in fiscal policy has posed a threat to the embryonic recovery, notwithstanding the rapid response of the federal government in assisting companies and individuals through the initial wave of cases. In the midst of a labor crisis, an increasing number of job searchers has made the U.S. economy susceptible to long-term economic sluggishness, according to economists. David Cutler, an economist at Harvard University, estimates that the economic impact of COVID-19 might exceed $3.7 trillion. Around 1% of the U.S.'s total economic output, according to his estimation. The true figure, however, is significantly higher due to "post-COVID disorders," or long-term health issues induced by