PROTRACTED PAIN
Investors fear a global recovery from the effects of COVID-19 will take much longer than previously thought—and Trump’s proposed payroll tax cut is no quick fix.
Karen K. Ho is a business and culture reporter based in New York City. Her work has appeared in TIME, GQ, Glamour, the San Francisco Chronicle, Vox, NBC News, the Columbia Journalism Review and more.
Investors fear a global recovery from the effects of COVID-19 will take much longer than previously thought—and Trump’s proposed payroll tax cut is no quick fix.
Even if the virus faded tomorrow—and it won’t—the wheels are in motion.