COVID-19 Is Worsening The Wealth Divide
Reporting in POLITICO this holiday weekend shed new light on the growing difficulties working Americans are facing during the ongoing COVID-19 crisis — even as more affluent Americans are “earning and saving at record levels.” The Trump administration’s mismanaged pandemic response and lawmakers’ shocking lack of urgency in making an additional relief deal has left the nation’s wealthy in a good spot — saving funds and paying off debts — even as low-income families are struggling to provide basic essentials like food, medicine, and housing – heightening the wealth divide.Q2 2020 hedge fund let...