Coronavirus isn’t just a danger to Americans’ health. It’s also a menace to our wallets. It’s led to the closing of scores of non-essential events and businesses, hurting the livelihood of many people. The U.S. stock market has lost over 20 percent of its value, and the U.S. government was forced to pass a $2 trillion stimulus package. Some of the main features of the plan include sending checks to Americans, giving loans to businesses and providing extra funding for hospitals. Hopefully, this aid will start to turn the economic downturn around in a time when the number of unemployment insurance claims being filed is rising sharply.
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