The Economic Perspective: “Government Help During the Pandemic”

Mary:  This is Mary Walden with economist MW, welcoming you to the economic perspective.  Today’s program looks at government help during the pandemic.  Mike, the Covid-19’s adverse impact on the economy has sparked massive help from governments all around the world.  When we look at the relative size of this help, where does our country rank?

 

Mike:  Summary Answer

  • Measure the amount of financial help as a percentage of the country’s economy
  • By this measure, the US is #1 at 12%
  • Japan, 11%
  • Germany, 10%
  • UK, 6%
  • Italy, 4%
  • France, 3%
  • I’m MW

 

Mary:  And I’m Mary Walden for the Economic Perspective, an NC State Extension         program from the Department of Agricultural and Resource Economics.