Wednesday, October 27

Month: March 2020

Economy and Government

Coronavirus and the Economy: A Forced Recession?

For years, many have talked about the inevitability of a recession. Throughout my time at Vanderbilt, discussions regarding how it will be difficult to find a job when we graduate always came up. In this unprecedented time, it seems as if the global economy is on the verge of collapsing. From sports’ leagues shutting down for an undetermined amount of time to the demand for gasoline falling to the Dow Jones industrial average tumbling, nothing seems to be going right economically. There are not many people, or companies, who are profiting right now. Of course, money should be the least of anyone’s concerns right now. However, a burning question permeates my mind: will we be able to recover when this is all over? At the moment, the United States is technically not going through a re...