Will a Surge in COVID-19 Make a Second Stimulus Check More Likely?
When COVID-19 first emerged as a very real threat to the U.S., it seemed as though cases started multiplying in a few key hotspots overnight -- mainly, the Northeast. But while the pandemic has slowed in some parts of the country, other states are now clocking in their highest daily average new case rates. And health experts fear that if this trend continues, state leaders may have no choice but to implement measures that force Americans to once again stay home.
But a massive lockdown won't just make Americans angry and annoyed -- it could also severely hurt our chances of a relatively quick economic recovery. The U.S. is currently grappling with a recession, and many small businesses are only now getting to open their doors after months of being forced to close. If the COVID-19 surge that's been happening over the past few weeks continues, the consequences could be dire.
Still, there may be one small silver lining related to the recent uptick in cases, and it's that it may drive lawmakers to finally come to an agreement on a second stimulus payment -- money that desperate Americans have been holding out for since the first round went out back in April.
Source Fool.com
