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COVID-19's Economic Pain Is Universal. But Relief? Depends on Where You Live. [nytimes.com]

 

By Matt Apuzzo and Monika Pronczuk, The New York Times, March 23, 2020

In a Queens apartment, a laid-off busboy has no idea if he will make next month’s rent or feed his family. An out-of-work waitress in Amsterdam, though, can count on the government to cover 90 percent of her wages. As a Malaysian florist anxiously burns through her savings, cafe owners in Brussels receive about $4,300 to make up for lost revenue.

Weeks of layoffs and lockdowns have made clear that poor and working-class people will bear a disproportionate share of the pain from the coronavirus pandemic. In cities around the world, work has stopped. Bills have not. And no end is in sight. But the first wave of government rescue packages has exposed another reality: The pain will depend largely on where people live.

The disparity reflects not only the world’s differing safety nets, but also the contrasting views of a government’s role in a crisis. Should it pump cash into the economy? Bail out businesses? Replace lost income for workers? Those questions are at the heart of a protracted debate over a nearly $2 trillion rescue package being negotiated in Washington.

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