Uncle Sam to the Rescue

Uncle Sam to the Rescue

March 2020
11 min read
Madhu Unnikrishnan

Issue Overview

The counterattack is underway. Governments around the world are spending trillions of dollars to cushion their economies from the wrath of Covid-19. In the U.S., the rescue mission will cost a mammoth $2t, with $50b of that allocated for airlines rocked by a near-shutdown of the entire travel sector.