US economic recovery will take 10 years

Index

    According to the forecast of the Congressional Budget Office, it will take 10 years to restore economic growth after the coronavirus pandemic.

    The current economic recovery in management is associated with the abolition of lockdowns, that is, the opening of shops, enterprises, etc. But after that, economic indicators will be many times lower than expected. A return to the GDP growth rate set for 2020 will be possible only in 2029.

    The $ 3.3 trillion financial assistance measures taken by the authorities helped the economy, but provided only small support, the main recession is yet to come.

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