Omicron, The New Challenge of the American Economy

Young journalists club

News ID: 55433
Publish Date: 10:10 - 11 January 2022
Tuesday, 11 January 2022 (YJC)_ Millions of working Americans have been displaced by the spread of the Omicron corona, and this poses a new threat to the US government's economic recovery.

Omicron, The New Challenge of the American EconomyAccording to the latest figures, five million working Americans have been displaced by the outbreak of the omicron corona, a new threat to the US economy.

The Business Insider website wrote on Monday:
Millions of Americans are living at home as cases of omicron corona increase across the country. More than 2 percent of the US workforce is in quarantine, according to Andrew Hunter, chief US economist at Capital Economics.

According to the report, the number of working Americans who did not work due to illness reached 1.7 million in December, an increase of 11 percent in one month. Now, the wave of omicron outbreaks has sounded the alarm in the US Congress. A group of bipartisan lawmakers is discussing another stimulus package to help restaurants and other small businesses, which could be in the tens of billions of dollars.

The White House, meanwhile, has said it is monitoring Omicron's effects on the economy and has no plans to impose another round of federal aid. US Republicans have criticized Biden's administration for failing to control inflation by pushing up prices, especially for food and gas.

Democrats and left-wing economists argue that the rise in prices is largely due to disruptions in the supply chain of coronary heart disease, which have led to the loss of millions of jobs by workers, often at low wages.

Joe Biden launched his attacks on Republicans last Friday by blocking parts of his agenda, including the $ 2 trillion economic package.

Over the past two weeks, the number of daily coronary heart disease cases in the United States has increased, affecting more than one million people in the country. The previous record was about 591,000 cases per day.

The Washington Times recently reported on the rising incidence of coronavirus and foot-and-mouth disease in the United States:
US President Joe Biden entered the White House promising to defeat the Corona virus through widespread vaccination across the United States, but things did not go according to plan.

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