Best Economist: The Response of the American Coronavirus Is Like that of a Third World Country | Business


Donald Trump’s sloppy management of the Covid-19 crisis has let the United States look like a Third World country and is on the brink of a second Great Depression, warned one of the world’s leading economists.

In a withered attack on the president, Joseph Stiglitz said that millions of people turned to food banks, reported to work because of low wages, and died of health inequalities.

The Nobel Prize winning economist said: “The number of people who turn to food banks is simply huge and exceeds their ability to supply. It’s like a third world country. The public social safety net is not working. “

Stiglitz, a longtime Trump critic, said that 14% of the population depended on food stamps and predicted that social infrastructure could not cope with unemployment that could reach 30% in the coming months.

“We have an inadequate safety net. In the United States, the inequality is so great. This disease has targeted less healthy people. In the advanced world, the United States is one of the countries with the poorest health and the greatest inequalities in health. “


Please enter your comment!
Please enter your name here